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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: Law & Order
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: 460,000,000
Criminals: 51,459,446
Elderly, Disabled, & Retirees: 63,883,458
Military & Reserves: ? 17,541,566
Students and Youth: 77,050,000
Unemployed but Able: 72,700,801
Working Class: 177,364,728
Faroe Islands-0 Government Budget Details
Government Budget: $954,090,248,931.90
Government Expenditures: $915,926,638,974.63
Goverment Waste: $38,163,609,957.28
Goverment Efficiency: 96%
Faroe Islands-0 Government Spending Breakdown:
Administration: $91,592,663,897.46 10%
Social Welfare: $100,751,930,287.21 11%
Healthcare: $100,751,930,287.21 11%
Education: $91,592,663,897.46 10%
Religion & Spirituality: $27,477,799,169.24 3%
Defense: $137,388,995,846.19 15%
Law & Order: $137,388,995,846.19 15%
Commerce: $36,637,065,558.99 4%
Public Transport: $91,592,663,897.46 10%
The Environment: $36,637,065,558.99 4%
Social Equality: $45,796,331,948.73 5%
Faroe Islands-0White Market Economic Statistics ?
Gross Domestic Product: $805,292,000,000.00
GDP Per Capita: $1,750.63
Average Salary Per Employee: $3,070.14
Unemployment Rate: 24.34%
Consumption: $3,052,456,758,476.80
Exports: $488,241,920,000.00
Imports: $491,142,709,248.00
Trade Net: -2,900,789,248.00
Faroe Islands-0 Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $851,210,964,569.32
Avg Annual Criminal's Income / Savings: ? $1,378.45
Recovered Product + Fines & Fees: $95,761,233,514.05
Black Market & Non Monetary Trade:
Guns & Weapons: $33,910,249,802.74
Drugs and Pharmaceuticals: $37,678,055,336.38
Extortion & Blackmail: $30,142,444,269.11
Counterfeit Goods: $57,055,340,937.95
Trafficking & Intl Sales: $29,065,928,402.35
Theft & Disappearance: $34,448,507,736.12
Counterfeit Currency & Instruments : $69,973,531,338.99
Illegal Mining, Logging, and Hunting : $19,377,285,601.57
Basic Necessitites : $39,831,087,069.89
School Loan Fraud : $25,836,380,802.09
Tax Evasion + Barter Trade : $366,020,714,764.81
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: $805,292,000,000.00 - 49%
Black & Grey Markets Combined: $851,210,964,569.32 - 51%
Real Total Economy: $1,656,502,964,569.32          
Countries of the World Economic Statistics & Links
Gross Regional Product: $1,031,308,419,530,752
Region Wide Imports: $140,214,534,144,000
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
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