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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: Good
Civil Rights Rating: Good
Political Freedoms: Good
Income Tax Rate: 15%
Consumer Confidence Rate: 101%
Worker Enthusiasm Rate: 103%
Major Industry: Gambling
National Animal: dolphin
Faroe Islands-0 Demographics
Total Population: 2,513,000,000
Criminals: 281,142,015
Elderly, Disabled, & Retirees: 348,997,612
Military & Reserves: ? 95,827,781
Students and Youth: 420,927,500
Unemployed but Able: 397,179,751
Working Class: 968,925,341
Faroe Islands-0 Government Budget Details
Government Budget: $5,212,236,511,948.31
Government Expenditures: $5,003,747,051,470.38
Goverment Waste: $208,489,460,477.93
Goverment Efficiency: 96%
Faroe Islands-0 Government Spending Breakdown:
Administration: $500,374,705,147.04 10%
Social Welfare: $550,412,175,661.74 11%
Healthcare: $550,412,175,661.74 11%
Education: $500,374,705,147.04 10%
Religion & Spirituality: $150,112,411,544.11 3%
Defense: $750,562,057,720.56 15%
Law & Order: $750,562,057,720.56 15%
Commerce: $200,149,882,058.82 4%
Public Transport: $500,374,705,147.04 10%
The Environment: $200,149,882,058.82 4%
Social Equality: $250,187,352,573.52 5%
Faroe Islands-0White Market Economic Statistics ?
Gross Domestic Product: $4,394,480,000,000.00
GDP Per Capita: $1,748.70
Average Salary Per Employee: $3,066.83
Unemployment Rate: 24.34%
Consumption: $16,675,703,986,585.60
Exports: $2,662,421,035,008.00
Imports: $2,683,134,017,536.00
Trade Net: -20,712,982,528.00
Faroe Islands-0 Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $4,650,202,508,479.48
Avg Annual Criminal's Income / Savings: ? $1,378.37
Recovered Product + Fines & Fees: $523,147,782,203.94
Black Market & Non Monetary Trade:
Guns & Weapons: $185,253,169,025.69
Drugs and Pharmaceuticals: $205,836,854,472.99
Extortion & Blackmail: $164,669,483,578.39
Counterfeit Goods: $311,695,808,201.96
Trafficking & Intl Sales: $158,788,430,593.45
Theft & Disappearance: $188,193,695,518.17
Counterfeit Currency & Instruments : $382,268,444,021.27
Illegal Mining, Logging, and Hunting : $105,858,953,728.97
Basic Necessitites : $217,598,960,442.88
School Loan Fraud : $141,145,271,638.62
Tax Evasion + Barter Trade : $1,999,587,078,646.18
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: $4,394,480,000,000.00 - 49%
Black & Grey Markets Combined: $4,650,202,508,479.48 - 51%
Real Total Economy: $9,044,682,508,479.49          
Countries of the World Economic Statistics & Links
Gross Regional Product: $5,233,500,865,167,360
Region Wide Imports: $710,237,803,773,952
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
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