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The Kingdom of United Faroe

The Kingdom of United Faroe Islands

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Region: The North Pacific
Quicksearch Query: United Faroe Islands

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United Faroe Islands Domestic Statistics
Government Category: Kingdom
Government Priority: Social Welfare
Economic Rating: Good
Civil Rights Rating: Frightening
Political Freedoms: World Benchmark
Income Tax Rate: 8%
Consumer Confidence Rate: 98%
Worker Enthusiasm Rate: 103%
Major Industry: Tourism
National Animal: Atlantic puffin
United Faroe Islands Demographics
Total Population: 23,000,000
Criminals: 2,532,510
Elderly, Disabled, & Retirees: 3,205,475
Military & Reserves: ? 174,239
Students and Youth: 3,919,200
Unemployed but Able: 3,662,889
Working Class: 9,505,687
United Faroe Islands Government Budget Details
Government Budget: $35,136,122,351.62
Government Expenditures: $34,784,761,128.10
Goverment Waste: $351,361,223.52
Goverment Efficiency: 99%
United Faroe Islands Government Spending Breakdown:
Administration: $0.00 0%
Social Welfare: $15,305,294,896.36 44%
Healthcare: $6,261,257,003.06 18%
Education: $9,044,037,893.31 26%
Religion & Spirituality: $3,478,476,112.81 10%
Defense: $1,043,542,833.84 3%
Law & Order: $0.00 0%
Commerce: $0.00 0%
Public Transport: $0.00 0%
The Environment: $0.00 0%
Social Equality: $0.00 0%
United Faroe IslandsWhite Market Economic Statistics ?
Gross Domestic Product: $29,141,600,000.00
GDP Per Capita: $1,267.03
Average Salary Per Employee: $2,011.44
Unemployment Rate: 24.85%
Consumption: $160,253,988,044.80
Exports: $22,021,455,872.00
Imports: $24,877,608,960.00
Trade Net: -2,856,153,088.00
United Faroe Islands Non Market Statistics ?
Evasion, Black Market, Barter & Crime
Black & Grey Markets Combined: $21,201,672,722.85
Avg Annual Criminal's Income / Savings: ? $549.33
Recovered Product + Fines & Fees: $0.00
Black Market & Non Monetary Trade:
Guns & Weapons: $332,336,219.93
Drugs and Pharmaceuticals: $2,175,291,621.36
Extortion & Blackmail: $0.00
Counterfeit Goods: $90,637,150.89
Trafficking & Intl Sales: $302,123,836.30
Theft & Disappearance: $1,087,645,810.68
Counterfeit Currency & Instruments : $90,637,150.89
Illegal Mining, Logging, and Hunting : $0.00
Basic Necessitites : $3,444,211,733.83
School Loan Fraud : $1,571,043,948.76
Tax Evasion + Barter Trade : $9,116,719,270.82
United Faroe Islands Total Market Statistics ?
National Currency: Faroese kr?na
Exchange Rates: 1 Faroese kr?na = $0.15
  $1 = 6.52 Faroese kr?nas
  Regional Exchange Rates
Gross Domestic Product: $29,141,600,000.00 - 58%
Black & Grey Markets Combined: $21,201,672,722.85 - 42%
Real Total Economy: $50,343,272,722.85          
The North Pacific Economic Statistics & Links
Gross Regional Product: $517,092,450,162,966,528
Region Wide Imports: $65,372,215,448,698,880
Largest Regional GDP: Chedonia
Largest Regional Importer: Chedonia
Regional Search Functions: All The North Pacific Nations.
Regional Nations by GDP | Regional Trading Leaders
Regional Exchange Rates | WA Members
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