The Republic of Faroe Island

The Republic of Faroe Islands-0

Strength Through Compliance

Region: Countries of the World         Faroe Islands-0 Economic Stats           Faroe Islands-0 Mobile Stats         Calculation Explained

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: 2,785,000,000
Criminals: 311,570,149
Elderly, Disabled, & Retirees: 386,772,181
Military & Reserves: ? 106,200,195
Students and Youth: 466,487,500
Unemployed but Able: 440,168,007
Working Class: 1,073,801,968

Faroe Islands-0 Government Budget Details

Government Budget: $5,776,394,226,782.70
Government Expenditures: $5,545,338,457,711.39
Goverment Waste: $231,055,769,071.31
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $554,533,845,771.14 10%
Social Welfare: $609,987,230,348.25 11%
Healthcare: $609,987,230,348.25 11%
Education: $554,533,845,771.14 10%
Religion & Spirituality: $166,360,153,731.34 3%
Defense: $831,800,768,656.71 15%
Law & Order: $831,800,768,656.71 15%
Commerce: $221,813,538,308.46 4%
Public Transport: $554,533,845,771.14 10%
The Environment: $221,813,538,308.46 4%
Social Equality: $277,266,922,885.57 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $4,870,670,000,000.00
GDP Per Capita: $1,748.89
Average Salary Per Employee: $3,067.16
Unemployment Rate: 24.34%
Consumption: $18,480,634,947,174.40
Exports: $2,951,141,345,280.00
Imports: $2,973,548,937,216.00
Trade Net: -22,407,591,936.00

Faroe Islands-0 Grey and Black Market Statistics ?
Evasion, Black Market, Barter & Crime

Black & Grey Markets Combined: $5,153,527,254,907.83
Avg Annual Criminal's Income / Savings: ? $1,378.38
Recovered Product + Fines & Fees: $579,771,816,177.13

Black Market & Grey Market Statistics:

Guns & Weapons: $205,304,447,256.02
Drugs and Pharmaceuticals: $228,116,052,506.69
Extortion & Blackmail: $182,492,842,005.36
Counterfeit Goods: $345,432,879,510.14
Trafficking & Intl Sales: $175,975,240,505.16
Theft & Disappearance: $208,563,248,006.12
Counterfeit Currency & Instruments : $423,644,097,512.43
Illegal Mining, Logging, and Hunting : $117,316,827,003.44
Basic Necessitites : $241,151,255,507.08
School Loan Fraud : $156,422,436,004.59
Tax Evasion + Barter Trade : $2,216,016,719,610.37

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: $4,870,670,000,000.00 - 49%
Black & Grey Markets Combined: $5,153,527,254,907.83 - 51%
Real Total Economy: $10,024,197,254,907.83          

Countries of the World Economic Statistics & Links

Gross Regional Product: $5,832,667,056,570,368
Region Wide Imports: $791,697,428,578,304
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
Regional Search Functions: All Countries of the World Nations.
Regional Nations by GDP | Regional Trading Leaders
Regional Exchange Rates | WA Members
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