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The Republic of Faroe Island

The Republic of Faroe Islands-0

Strength Through Compliance

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: 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: 3,853,000,000
Criminals: 421,039,458
Elderly, Disabled, & Retirees: 533,460,924
Military & Reserves: ? 188,036,127
Students and Youth: 647,304,000
Unemployed but Able: 601,755,910
Working Class: 1,461,403,582
Faroe Islands-0 Government Budget Details
Government Budget: $11,306,982,657,805.52
Government Expenditures: $10,854,703,351,493.30
Goverment Waste: $452,279,306,312.22
Goverment Efficiency: 96%
Faroe Islands-0 Government Spending Breakdown:
Administration: $1,085,470,335,149.33 10%
Social Welfare: $1,194,017,368,664.26 11%
Healthcare: $1,302,564,402,179.20 12%
Education: $1,085,470,335,149.33 10%
Religion & Spirituality: $217,094,067,029.87 2%
Defense: $2,062,393,636,783.73 19%
Law & Order: $1,519,658,469,209.06 14%
Commerce: $434,188,134,059.73 4%
Public Transport: $1,085,470,335,149.33 10%
The Environment: $434,188,134,059.73 4%
Social Equality: $542,735,167,574.67 5%
Faroe Islands-0White Market Economic Statistics ?
Gross Domestic Product: $9,660,910,000,000.00
GDP Per Capita: $2,507.37
Average Salary Per Employee: $4,558.21
Unemployment Rate: 23.55%
Consumption: $34,352,811,894,374.40
Exports: $5,655,088,521,216.00
Imports: $5,540,205,821,952.00
Trade Net: 114,882,699,264.00
Faroe Islands-0 Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $10,339,367,406,013.65
Avg Annual Criminal's Income / Savings: ? $2,109.69
Recovered Product + Fines & Fees: $1,085,633,577,631.43
Black Market & Non Monetary Trade:
Guns & Weapons: $514,276,257,512.34
Drugs and Pharmaceuticals: $474,716,545,396.01
Extortion & Blackmail: $369,223,979,752.45
Counterfeit Goods: $725,261,388,799.46
Trafficking & Intl Sales: $342,850,838,341.56
Theft & Disappearance: $448,343,403,985.12
Counterfeit Currency & Instruments : $883,500,237,264.79
Illegal Mining, Logging, and Hunting : $237,358,272,698.00
Basic Necessitites : $487,903,116,101.45
School Loan Fraud : $316,477,696,930.67
Tax Evasion + Barter Trade : $4,445,927,984,585.87
Faroe Islands-0 Total Market Statistics ?
National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.01 liras
  Regional Exchange Rates
Gross Domestic Product: $9,660,910,000,000.00 - 48%
Black & Grey Markets Combined: $10,339,367,406,013.65 - 52%
Real Total Economy: $20,000,277,406,013.65          
Countries of the World Economic Statistics & Links
Gross Regional Product: $7,740,320,267,632,640
Region Wide Imports: $1,070,324,170,883,072
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
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