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: 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: 2,508,000,000
Criminals: 280,583,111
Elderly, Disabled, & Retirees: 348,303,214
Military & Reserves: ? 95,637,045
Students and Youth: 420,090,000
Unemployed but Able: 396,389,840
Working Class: 966,996,789

Faroe Islands-0 Government Budget Details

Government Budget: $5,201,865,881,734.35
Government Expenditures: $4,993,791,246,464.97
Goverment Waste: $208,074,635,269.37
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $499,379,124,646.50 10%
Social Welfare: $549,317,037,111.15 11%
Healthcare: $549,317,037,111.15 11%
Education: $499,379,124,646.50 10%
Religion & Spirituality: $149,813,737,393.95 3%
Defense: $749,068,686,969.75 15%
Law & Order: $749,068,686,969.75 15%
Commerce: $199,751,649,858.60 4%
Public Transport: $499,379,124,646.50 10%
The Environment: $199,751,649,858.60 4%
Social Equality: $249,689,562,323.25 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $4,385,600,000,000.00
GDP Per Capita: $1,748.64
Average Salary Per Employee: $3,066.73
Unemployment Rate: 24.34%
Consumption: $16,642,524,839,936.00
Exports: $2,656,985,114,624.00
Imports: $2,677,795,454,976.00
Trade Net: -20,810,340,352.00

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

Black & Grey Markets Combined: $4,640,950,140,417.34
Avg Annual Criminal's Income / Savings: ? $1,378.36
Recovered Product + Fines & Fees: $522,106,890,796.95

Black Market & Grey Market Statistics:

Guns & Weapons: $184,884,576,367.34
Drugs and Pharmaceuticals: $205,427,307,074.82
Extortion & Blackmail: $164,341,845,659.85
Counterfeit Goods: $311,075,636,427.58
Trafficking & Intl Sales: $158,472,494,029.15
Theft & Disappearance: $187,819,252,182.69
Counterfeit Currency & Instruments : $381,507,855,996.09
Illegal Mining, Logging, and Hunting : $105,648,329,352.76
Basic Necessitites : $217,166,010,336.24
School Loan Fraud : $140,864,439,137.02
Tax Evasion + Barter Trade : $1,995,608,560,379.46

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: $4,385,600,000,000.00 - 49%
Black & Grey Markets Combined: $4,640,950,140,417.34 - 51%
Real Total Economy: $9,026,550,140,417.34          

Countries of the World Economic Statistics & Links

Gross Regional Product: $5,220,264,312,832,000
Region Wide Imports: $708,404,523,827,200
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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