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: 2,444,000,000
Criminals: 273,424,952
Elderly, Disabled, & Retirees: 339,415,039
Military & Reserves: ? 93,196,264
Students and Youth: 409,370,000
Unemployed but Able: 386,275,965
Working Class: 942,317,780

Faroe Islands-0 Government Budget Details

Government Budget: $5,069,123,152,206.89
Government Expenditures: $4,866,358,226,118.61
Goverment Waste: $202,764,926,088.28
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $486,635,822,611.86 10%
Social Welfare: $535,299,404,873.05 11%
Healthcare: $535,299,404,873.05 11%
Education: $486,635,822,611.86 10%
Religion & Spirituality: $145,990,746,783.56 3%
Defense: $729,953,733,917.79 15%
Law & Order: $729,953,733,917.79 15%
Commerce: $194,654,329,044.75 4%
Public Transport: $486,635,822,611.86 10%
The Environment: $194,654,329,044.75 4%
Social Equality: $243,317,911,305.93 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $4,273,150,000,000.00
GDP Per Capita: $1,748.42
Average Salary Per Employee: $3,066.36
Unemployment Rate: 24.34%
Consumption: $16,217,836,041,011.20
Exports: $2,588,653,551,616.00
Imports: $2,609,462,640,640.00
Trade Net: -20,809,089,024.00

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

Black & Grey Markets Combined: $4,522,521,022,242.07
Avg Annual Criminal's Income / Savings: ? $1,378.36
Recovered Product + Fines & Fees: $508,783,615,002.23

Black Market & Grey Market Statistics:

Guns & Weapons: $180,166,637,867.48
Drugs and Pharmaceuticals: $200,185,153,186.09
Extortion & Blackmail: $160,148,122,548.87
Counterfeit Goods: $303,137,517,681.79
Trafficking & Intl Sales: $154,428,546,743.55
Theft & Disappearance: $183,026,425,770.14
Counterfeit Currency & Instruments : $371,772,427,345.59
Illegal Mining, Logging, and Hunting : $102,952,364,495.70
Basic Necessitites : $211,624,304,796.72
School Loan Fraud : $137,269,819,327.60
Tax Evasion + Barter Trade : $1,944,684,039,564.09

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: $4,273,150,000,000.00 - 49%
Black & Grey Markets Combined: $4,522,521,022,242.07 - 51%
Real Total Economy: $8,795,671,022,242.07          

Countries of the World Economic Statistics & Links

Gross Regional Product: $5,074,612,845,019,136
Region Wide Imports: $688,498,289,934,336
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
Economic Conditions for
Nation States
The Game


NS Economy V2.69f courtesy of TBone Steak
Game Based on:
Jennifer Government
Novel By: Max Barry
BOOK OUT NOW!
New Book, Out Now!


Educators:
Add Nationstates To Your Class Curriculum

Like our Calculator?
A. Tell your friends for us...
B. Post in the Forum...
C. Write a Dispatch

Nation States: Faroe Islands-0 Enonomy, Demographics, Delegate, Markets, and Money Calculator

NSEconomy 3.69 © 2004 - 2025
Written by: Tbone Steak
Special Thanks and Code Contributions: Commerce Heights & Sunset
524,653,498 uses since September 1, 2011. First 10G in 30 days. Thank you testers.
Updated daily @ GMT 1000! Nein Data. Sie müssen warten, 15 Minuten. If you catch any other error; please submit a bug report via telegram here.
Interested in your tweak becoming part of the system? TG Tbone Steak.
Anything else? I don't know. Ask!

Faroe Islands-0 NS Economy Statistics.
Nation States Economy Calculator v3.69

Economic Calculations Courtesy of:
TBone Steak
NS Economy economic statistics courtesy of TBone Steak

Educators:
Add Nationstates To Your Class Curriculum