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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: 3,602,000,000
Criminals: 402,929,533
Elderly, Disabled, & Retirees: 500,235,848
Military & Reserves: ? 137,361,182
Students and Youth: 603,335,000
Unemployed but Able: 569,264,264
Working Class: 1,388,874,173
Faroe Islands-0 Government Budget Details
Government Budget: $7,470,941,720,197.20
Government Expenditures: $7,172,104,051,389.31
Goverment Waste: $298,837,668,807.89
Goverment Efficiency: 96%
Faroe Islands-0 Government Spending Breakdown:
Administration: $717,210,405,138.93 10%
Social Welfare: $788,931,445,652.82 11%
Healthcare: $788,931,445,652.82 11%
Education: $717,210,405,138.93 10%
Religion & Spirituality: $215,163,121,541.68 3%
Defense: $1,075,815,607,708.40 15%
Law & Order: $1,075,815,607,708.40 15%
Commerce: $286,884,162,055.57 4%
Public Transport: $717,210,405,138.93 10%
The Environment: $286,884,162,055.57 4%
Social Equality: $358,605,202,569.47 5%
Faroe Islands-0White Market Economic Statistics ?
Gross Domestic Product: $6,311,660,000,000.00
GDP Per Capita: $1,752.27
Average Salary Per Employee: $3,072.93
Unemployment Rate: 24.34%
Consumption: $23,902,064,371,302.40
Exports: $3,829,019,607,040.00
Imports: $3,845,860,884,480.00
Trade Net: -16,841,277,440.00
Faroe Islands-0 Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $6,665,352,166,641.97
Avg Annual Criminal's Income / Savings: ? $1,378.52
Recovered Product + Fines & Fees: $749,852,118,747.22
Black Market & Non Monetary Trade:
Guns & Weapons: $265,532,008,399.88
Drugs and Pharmaceuticals: $295,035,564,888.75
Extortion & Blackmail: $236,028,451,911.00
Counterfeit Goods: $446,768,141,117.25
Trafficking & Intl Sales: $227,598,864,342.75
Theft & Disappearance: $269,746,802,184.00
Counterfeit Currency & Instruments : $547,923,191,936.25
Illegal Mining, Logging, and Hunting : $151,732,576,228.50
Basic Necessitites : $311,894,740,025.25
School Loan Fraud : $202,310,101,638.00
Tax Evasion + Barter Trade : $2,866,101,431,656.05
Faroe Islands-0 Total Market Statistics ?
National Currency: lira
Exchange Rates: 1 lira = $0.18
  $1 = 5.54 liras
  Regional Exchange Rates
Gross Domestic Product: $6,311,660,000,000.00 - 49%
Black & Grey Markets Combined: $6,665,352,166,641.97 - 51%
Real Total Economy: $12,977,012,166,641.97          
Countries of the World Economic Statistics & Links
Gross Regional Product: $7,493,493,328,969,728
Region Wide Imports: $1,020,364,708,642,816
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
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