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: 4,938,000,000
Criminals: 539,708,244
Elderly, Disabled, & Retirees: 683,679,776
Military & Reserves: ? 240,966,707
Students and Youth: 829,584,000
Unemployed but Able: 771,284,936
Working Class: 1,872,776,337

Faroe Islands-0 Government Budget Details

Government Budget: $14,491,015,216,260.71
Government Expenditures: $13,911,374,607,610.28
Goverment Waste: $579,640,608,650.43
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,391,137,460,761.03 10%
Social Welfare: $1,530,251,206,837.13 11%
Healthcare: $1,669,364,952,913.23 12%
Education: $1,391,137,460,761.03 10%
Religion & Spirituality: $278,227,492,152.21 2%
Defense: $2,643,161,175,445.95 19%
Law & Order: $1,947,592,445,065.44 14%
Commerce: $556,454,984,304.41 4%
Public Transport: $1,391,137,460,761.03 10%
The Environment: $556,454,984,304.41 4%
Social Equality: $695,568,730,380.51 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $12,350,600,000,000.00
GDP Per Capita: $2,501.13
Average Salary Per Employee: $4,547.25
Unemployment Rate: 23.56%
Consumption: $44,026,521,924,403.20
Exports: $7,216,756,588,544.00
Imports: $7,100,321,234,944.00
Trade Net: 116,435,353,600.00

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

Black & Grey Markets Combined: $13,250,920,686,928.22
Avg Annual Criminal's Income / Savings: ? $2,109.28
Recovered Product + Fines & Fees: $1,391,346,672,127.46

Black Market & Grey Market Statistics:

Guns & Weapons: $659,095,825,872.55
Drugs and Pharmaceuticals: $608,396,146,959.28
Extortion & Blackmail: $473,197,003,190.55
Counterfeit Goods: $929,494,113,410.01
Trafficking & Intl Sales: $439,397,217,248.37
Theft & Disappearance: $574,596,361,017.10
Counterfeit Currency & Instruments : $1,132,292,829,063.10
Illegal Mining, Logging, and Hunting : $304,198,073,479.64
Basic Necessitites : $625,296,039,930.37
School Loan Fraud : $405,597,431,306.19
Tax Evasion + Barter Trade : $5,697,895,895,379.14

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: $12,350,600,000,000.00 - 48%
Black & Grey Markets Combined: $13,250,920,686,928.22 - 52%
Real Total Economy: $25,601,520,686,928.23          

Countries of the World Economic Statistics & Links

Gross Regional Product: $12,837,111,786,897,408
Region Wide Imports: $1,767,560,504,672,256
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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