The Republic of Faroe Island

The Republic of Faroe Islands-0

Strength Through Compliance

Region: Countries of the World         Faroe Islands-0 Economic Stats           Faroe Islands-0 Mobile Stats         Calculation Explained

Faroe Islands-0 Domestic Statistics

Government Category: Republic
Government Priority: Defence
Economic Rating: Strong
Civil Rights Rating: Good
Political Freedoms: Good
Income Tax Rate: 16%
Consumer Confidence Rate: 102%
Worker Enthusiasm Rate: 104%
Major Industry: Woodchip Exports
National Animal: dolphin

Faroe Islands-0 Demographics

Total Population: 4,753,000,000
Criminals: 519,458,062
Elderly, Disabled, & Retirees: 658,066,904
Military & Reserves: ? 231,944,825
Students and Youth: 798,504,000
Unemployed but Able: 742,367,305
Working Class: 1,802,658,904

Faroe Islands-0 Government Budget Details

Government Budget: $13,948,115,286,868.62
Government Expenditures: $13,390,190,675,393.88
Goverment Waste: $557,924,611,474.75
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,339,019,067,539.39 10%
Social Welfare: $1,472,920,974,293.33 11%
Healthcare: $1,606,822,881,047.27 12%
Education: $1,339,019,067,539.39 10%
Religion & Spirituality: $267,803,813,507.88 2%
Defense: $2,544,136,228,324.84 19%
Law & Order: $1,874,626,694,555.14 14%
Commerce: $535,607,627,015.76 4%
Public Transport: $1,339,019,067,539.39 10%
The Environment: $535,607,627,015.76 4%
Social Equality: $669,509,533,769.69 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,896,800,000,000.00
GDP Per Capita: $2,503.01
Average Salary Per Employee: $4,550.55
Unemployment Rate: 23.56%
Consumption: $42,377,086,375,034.88
Exports: $6,955,330,134,016.00
Imports: $6,834,310,610,944.00
Trade Net: 121,019,523,072.00

Faroe Islands-0 Grey and Black Market Statistics ?
Evasion, Black Market, Barter & Crime

Black & Grey Markets Combined: $12,754,480,389,409.18
Avg Annual Criminal's Income / Savings: ? $2,109.40
Recovered Product + Fines & Fees: $1,339,220,440,887.96

Black Market & Grey Market Statistics:

Guns & Weapons: $634,403,071,639.07
Drugs and Pharmaceuticals: $585,602,835,359.14
Extortion & Blackmail: $455,468,871,946.00
Counterfeit Goods: $894,670,998,465.35
Trafficking & Intl Sales: $422,935,381,092.71
Theft & Disappearance: $553,069,344,505.85
Counterfeit Currency & Instruments : $1,089,871,943,585.06
Illegal Mining, Logging, and Hunting : $292,801,417,679.57
Basic Necessitites : $601,869,580,785.78
School Loan Fraud : $390,401,890,239.43
Tax Evasion + Barter Trade : $5,484,426,567,445.95

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.02 liras
  Regional Exchange Rates
Gross Domestic Product: $11,896,800,000,000.00 - 48%
Black & Grey Markets Combined: $12,754,480,389,409.18 - 52%
Real Total Economy: $24,651,280,389,409.18          

Countries of the World Economic Statistics & Links

Gross Regional Product: $11,889,853,528,539,136
Region Wide Imports: $1,639,239,632,551,936
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
Regional Search Functions: All Countries of the World Nations.
Regional Nations by GDP | Regional Trading Leaders
Regional Exchange Rates | WA Members
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