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: 5,160,000,000
Criminals: 564,081,334
Elderly, Disabled, & Retirees: 714,413,078
Military & Reserves: ? 251,778,921
Students and Youth: 866,880,000
Unemployed but Able: 806,038,560
Working Class: 1,956,808,107

Faroe Islands-0 Government Budget Details

Government Budget: $15,142,494,667,674.75
Government Expenditures: $14,536,794,880,967.76
Goverment Waste: $605,699,786,706.99
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,453,679,488,096.78 10%
Social Welfare: $1,599,047,436,906.45 11%
Healthcare: $1,744,415,385,716.13 12%
Education: $1,453,679,488,096.78 10%
Religion & Spirituality: $290,735,897,619.36 2%
Defense: $2,761,991,027,383.87 19%
Law & Order: $2,035,151,283,335.49 14%
Commerce: $581,471,795,238.71 4%
Public Transport: $1,453,679,488,096.78 10%
The Environment: $581,471,795,238.71 4%
Social Equality: $726,839,744,048.39 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $12,873,700,000,000.00
GDP Per Capita: $2,494.90
Average Salary Per Employee: $4,536.30
Unemployment Rate: 23.57%
Consumption: $46,005,843,174,359.04
Exports: $7,509,039,669,248.00
Imports: $7,419,533,459,456.00
Trade Net: 89,506,209,792.00

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

Black & Grey Markets Combined: $13,846,648,619,789.96
Avg Annual Criminal's Income / Savings: ? $2,108.87
Recovered Product + Fines & Fees: $1,453,898,105,077.95

Black Market & Grey Market Statistics:

Guns & Weapons: $688,727,109,855.12
Drugs and Pharmaceuticals: $635,748,101,404.73
Extortion & Blackmail: $494,470,745,537.01
Counterfeit Goods: $971,281,821,590.55
Trafficking & Intl Sales: $459,151,406,570.08
Theft & Disappearance: $600,428,762,437.80
Counterfeit Currency & Instruments : $1,183,197,855,392.13
Illegal Mining, Logging, and Hunting : $317,874,050,702.36
Basic Necessitites : $653,407,770,888.19
School Loan Fraud : $423,832,067,603.15
Tax Evasion + Barter Trade : $5,954,058,906,509.68

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: $12,873,700,000,000.00 - 48%
Black & Grey Markets Combined: $13,846,648,619,789.96 - 52%
Real Total Economy: $26,720,348,619,789.95          

Countries of the World Economic Statistics & Links

Gross Regional Product: $14,431,475,587,874,816
Region Wide Imports: $1,978,615,600,250,880
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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