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: Good
Civil Rights Rating: Good
Political Freedoms: Good
Income Tax Rate: 15%
Consumer Confidence Rate: 101%
Worker Enthusiasm Rate: 103%
Major Industry: Cheese Exports
National Animal: dolphin

Faroe Islands-0 Demographics

Total Population: 2,071,000,000
Criminals: 231,683,508
Elderly, Disabled, & Retirees: 287,614,316
Military & Reserves: ? 78,974,555
Students and Youth: 346,892,500
Unemployed but Able: 327,314,626
Working Class: 798,520,496

Faroe Islands-0 Government Budget Details

Government Budget: $4,295,480,434,281.68
Government Expenditures: $4,123,661,216,910.41
Goverment Waste: $171,819,217,371.27
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $412,366,121,691.04 10%
Social Welfare: $453,602,733,860.15 11%
Healthcare: $453,602,733,860.15 11%
Education: $412,366,121,691.04 10%
Religion & Spirituality: $123,709,836,507.31 3%
Defense: $618,549,182,536.56 15%
Law & Order: $618,549,182,536.56 15%
Commerce: $164,946,448,676.42 4%
Public Transport: $412,366,121,691.04 10%
The Environment: $164,946,448,676.42 4%
Social Equality: $206,183,060,845.52 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $3,624,370,000,000.00
GDP Per Capita: $1,750.06
Average Salary Per Employee: $3,069.15
Unemployment Rate: 24.34%
Consumption: $13,742,691,844,096.00
Exports: $2,196,959,182,848.00
Imports: $2,211,209,805,824.00
Trade Net: -14,250,622,976.00

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

Black & Grey Markets Combined: $3,832,299,981,942.82
Avg Annual Criminal's Income / Savings: ? $1,378.42
Recovered Product + Fines & Fees: $431,133,747,968.57

Black Market & Grey Market Statistics:

Guns & Weapons: $152,669,849,327.52
Drugs and Pharmaceuticals: $169,633,165,919.47
Extortion & Blackmail: $135,706,532,735.57
Counterfeit Goods: $256,873,079,820.91
Trafficking & Intl Sales: $130,859,870,852.16
Theft & Disappearance: $155,093,180,269.23
Counterfeit Currency & Instruments : $315,033,022,421.87
Illegal Mining, Logging, and Hunting : $87,239,913,901.44
Basic Necessitites : $179,326,489,686.29
School Loan Fraud : $116,319,885,201.92
Tax Evasion + Barter Trade : $1,647,888,992,235.41

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.18
  $1 = 5.55 liras
  Regional Exchange Rates
Gross Domestic Product: $3,624,370,000,000.00 - 49%
Black & Grey Markets Combined: $3,832,299,981,942.82 - 51%
Real Total Economy: $7,456,669,981,942.82          

Countries of the World Economic Statistics & Links

Gross Regional Product: $4,237,107,375,636,480
Region Wide Imports: $575,756,136,611,840
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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