Faroe island Domestic Statistics
| Government Category: |
Republic |
| Government Priority: |
Social Welfare |
| Economic Rating: |
Good |
| Civil Rights Rating: |
Very Good |
| Political Freedoms: |
Very Good |
| Income Tax Rate: |
8% |
| Consumer Confidence Rate: |
102% |
| Worker Enthusiasm Rate: |
104% |
| Major Industry: |
Trout Farming |
| National Animal: |
Eagle |
|
Faroe island Demographics
| Total Population: |
6,000,000 |
| Criminals: |
672,169 |
| Elderly, Disabled, & Retirees: |
839,430 |
| Military & Reserves: ? |
121,382 |
| Students and Youth: |
1,005,600 |
| Unemployed but Able: |
954,003 |
| Working Class: |
2,407,416 |
|
|
|
Faroe island Government Budget Details
| Government Budget: |
$9,634,919,428.26 |
| Government Expenditures: |
$9,345,871,845.41 |
| Goverment Waste: |
$289,047,582.85 |
| Goverment Efficiency: |
97% |
|
Faroe island Government Spending Breakdown:
| Administration: |
$280,376,155.36 |
3% |
| Social Welfare: |
$2,897,220,272.08 |
31% |
| Healthcare: |
$1,495,339,495.27 |
16% |
| Education: |
$1,775,715,650.63 |
19% |
| Religion & Spirituality: |
$934,587,184.54 |
10% |
| Defense: |
$747,669,747.63 |
8% |
| Law & Order: |
$467,293,592.27 |
5% |
| Commerce: |
$0.00 |
0% |
| Public Transport: |
$280,376,155.36 |
3% |
| The Environment: |
$0.00 |
0% |
| Social Equality: |
$280,376,155.36 |
3% |
|
|
|
Faroe island White Market Statistics ?
| Gross Domestic Product: |
$8,211,910,000.00 |
| GDP Per Capita: |
$1,368.65 |
| Average Salary Per Employee: |
$2,352.01 |
| Unemployment Rate: |
24.74% |
| Consumption: |
$43,934,010,081.28 |
| Exports: |
$6,159,557,536.00 |
| Imports: |
$6,529,452,544.00 |
| Trade Net: |
-369,895,008.00 |
|
Faroe island Grey and Black Market Statistics ?
Evasion, Black Market, Barter & Crime
| Black & Grey Markets Combined: |
$5,982,164,014.51 |
| Avg Annual Criminal's Income / Savings: ? |
$633.89 |
| Recovered Product + Fines & Fees: |
$224,331,150.54 |
|
Black Market & Grey Market Statistics:
| Guns & Weapons: |
$172,303,148.45 |
| Drugs and Pharmaceuticals: |
$500,499,621.70 |
| Extortion & Blackmail: |
$49,229,470.99 |
| Counterfeit Goods: |
$147,688,412.96 |
| Trafficking & Intl Sales: |
$131,278,589.30 |
| Theft & Disappearance: |
$311,786,649.58 |
| Counterfeit Currency & Instruments : |
$196,917,883.95 |
| Illegal Mining, Logging, and Hunting : |
$24,614,735.49 |
| Basic Necessitites : |
$689,212,593.82 |
| School Loan Fraud : |
$311,786,649.58 |
| Tax Evasion + Barter Trade : |
$2,572,330,526.24 |
|
|
|
Faroe island Total Market Statistics ?
| National Currency: |
Faroes |
| Exchange Rates: |
1 Faroes = $0.16 |
| |
$1 = 6.27 Faroess |
| |
Regional Exchange Rates |
| Gross Domestic Product: |
$8,211,910,000.00 - 58% |
| Black & Grey Markets Combined: |
$5,982,164,014.51 - 42% |
| Real Total Economy: |
$14,194,074,014.51 |
|
