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The Republic of Faroe Island

The Republic of Faroe Islands-0

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Region: Countries of the World
Quicksearch Query: Faroe Islands-0

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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: 294,000,000
Criminals: 32,889,715
Elderly, Disabled, & Retirees: 40,829,850
Military & Reserves: ? 11,211,286
Students and Youth: 49,245,000
Unemployed but Able: 46,465,595
Working Class: 113,358,554
Faroe Islands-0 Government Budget Details
Government Budget: $609,788,167,402.29
Government Expenditures: $585,396,640,706.20
Goverment Waste: $24,391,526,696.09
Goverment Efficiency: 96%
Faroe Islands-0 Government Spending Breakdown:
Administration: $58,539,664,070.62 10%
Social Welfare: $64,393,630,477.68 11%
Healthcare: $64,393,630,477.68 11%
Education: $58,539,664,070.62 10%
Religion & Spirituality: $17,561,899,221.19 3%
Defense: $87,809,496,105.93 15%
Law & Order: $87,809,496,105.93 15%
Commerce: $23,415,865,628.25 4%
Public Transport: $58,539,664,070.62 10%
The Environment: $23,415,865,628.25 4%
Social Equality: $29,269,832,035.31 5%
Faroe Islands-0White Market Economic Statistics ?
Gross Domestic Product: $514,566,000,000.00
GDP Per Capita: $1,750.22
Average Salary Per Employee: $3,069.44
Unemployment Rate: 24.34%
Consumption: $1,950,918,180,864.00
Exports: $311,929,489,408.00
Imports: $313,904,267,264.00
Trade Net: -1,974,777,856.00
Faroe Islands-0 Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $544,034,880,074.02
Avg Annual Criminal's Income / Savings: ? $1,378.43
Recovered Product + Fines & Fees: $61,203,924,008.33
Black Market & Non Monetary Trade:
Guns & Weapons: $21,673,074,540.40
Drugs and Pharmaceuticals: $24,081,193,933.78
Extortion & Blackmail: $19,264,955,147.02
Counterfeit Goods: $36,465,807,956.86
Trafficking & Intl Sales: $18,576,921,034.63
Theft & Disappearance: $22,017,091,596.60
Counterfeit Currency & Instruments : $44,722,217,305.59
Illegal Mining, Logging, and Hunting : $12,384,614,023.09
Basic Necessitites : $25,457,262,158.56
School Loan Fraud : $16,512,818,697.45
Tax Evasion + Barter Trade : $233,934,998,431.83
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: $514,566,000,000.00 - 49%
Black & Grey Markets Combined: $544,034,880,074.02 - 51%
Real Total Economy: $1,058,600,880,074.02          
Countries of the World Economic Statistics & Links
Gross Regional Product: $666,262,707,372,032
Region Wide Imports: $90,548,614,463,488
Largest Regional GDP: Saidelia
Largest Regional Importer: Saidelia
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