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: Strong
Civil Rights Rating: Good
Political Freedoms: Good
Income Tax Rate: 16%
Consumer Confidence Rate: 102%
Worker Enthusiasm Rate: 104%
Major Industry: Woodchip Exports
National Animal: dolphin

Faroe Islands-0 Demographics

Total Population: 4,659,000,000
Criminals: 509,180,054
Elderly, Disabled, & Retirees: 645,052,464
Military & Reserves: ? 227,358,561
Students and Youth: 782,712,000
Unemployed but Able: 727,682,139
Working Class: 1,767,014,781

Faroe Islands-0 Government Budget Details

Government Budget: $13,672,263,324,291.56
Government Expenditures: $13,125,372,791,319.90
Goverment Waste: $546,890,532,971.66
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,312,537,279,131.99 10%
Social Welfare: $1,443,791,007,045.19 11%
Healthcare: $1,575,044,734,958.39 12%
Education: $1,312,537,279,131.99 10%
Religion & Spirituality: $262,507,455,826.40 2%
Defense: $2,493,820,830,350.78 19%
Law & Order: $1,837,552,190,784.79 14%
Commerce: $525,014,911,652.80 4%
Public Transport: $1,312,537,279,131.99 10%
The Environment: $525,014,911,652.80 4%
Social Equality: $656,268,639,566.00 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $11,662,900,000,000.00
GDP Per Capita: $2,503.31
Average Salary Per Employee: $4,551.07
Unemployment Rate: 23.56%
Consumption: $41,538,994,474,844.16
Exports: $6,819,090,513,920.00
Imports: $6,699,148,640,256.00
Trade Net: 119,941,873,664.00

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

Black & Grey Markets Combined: $12,502,234,951,605.73
Avg Annual Criminal's Income / Savings: ? $2,109.42
Recovered Product + Fines & Fees: $1,312,734,669,918.60

Black Market & Grey Market Statistics:

Guns & Weapons: $621,856,478,154.76
Drugs and Pharmaceuticals: $574,021,364,450.55
Extortion & Blackmail: $446,461,061,239.32
Counterfeit Goods: $876,977,084,577.23
Trafficking & Intl Sales: $414,570,985,436.51
Theft & Disappearance: $542,131,288,647.74
Counterfeit Currency & Instruments : $1,068,317,539,394.08
Illegal Mining, Logging, and Hunting : $287,010,682,225.28
Basic Necessitites : $589,966,402,351.95
School Loan Fraud : $382,680,909,633.70
Tax Evasion + Barter Trade : $5,375,961,029,190.46

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.02 liras
  Regional Exchange Rates
Gross Domestic Product: $11,662,900,000,000.00 - 48%
Black & Grey Markets Combined: $12,502,234,951,605.73 - 52%
Real Total Economy: $24,165,134,951,605.73          

Countries of the World Economic Statistics & Links

Gross Regional Product: $11,660,098,548,006,912
Region Wide Imports: $1,607,873,889,042,432
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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