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: 5,201,000,000
Criminals: 568,598,661
Elderly, Disabled, & Retirees: 720,088,577
Military & Reserves: ? 253,772,690
Students and Youth: 873,768,000
Unemployed but Able: 812,468,536
Working Class: 1,972,303,536

Faroe Islands-0 Government Budget Details

Government Budget: $15,262,812,077,618.63
Government Expenditures: $14,652,299,594,513.88
Goverment Waste: $610,512,483,104.75
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,465,229,959,451.39 10%
Social Welfare: $1,611,752,955,396.53 11%
Healthcare: $1,758,275,951,341.67 12%
Education: $1,465,229,959,451.39 10%
Religion & Spirituality: $293,045,991,890.28 2%
Defense: $2,783,936,922,957.64 19%
Law & Order: $2,051,321,943,231.94 14%
Commerce: $586,091,983,780.56 4%
Public Transport: $1,465,229,959,451.39 10%
The Environment: $586,091,983,780.56 4%
Social Equality: $732,614,979,725.69 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $12,965,600,000,000.00
GDP Per Capita: $2,492.91
Average Salary Per Employee: $4,532.79
Unemployment Rate: 23.57%
Consumption: $46,371,390,860,820.48
Exports: $7,558,343,745,536.00
Imports: $7,478,487,023,616.00
Trade Net: 79,856,721,920.00

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

Black & Grey Markets Combined: $13,956,669,652,314.58
Avg Annual Criminal's Income / Savings: ? $2,108.74
Recovered Product + Fines & Fees: $1,465,450,313,493.03

Black Market & Grey Market Statistics:

Guns & Weapons: $694,199,514,755.01
Drugs and Pharmaceuticals: $640,799,552,081.55
Extortion & Blackmail: $498,399,651,618.98
Counterfeit Goods: $978,999,315,680.14
Trafficking & Intl Sales: $462,799,676,503.34
Theft & Disappearance: $605,199,576,965.90
Counterfeit Currency & Instruments : $1,192,599,166,373.99
Illegal Mining, Logging, and Hunting : $320,399,776,040.77
Basic Necessitites : $658,599,539,639.37
School Loan Fraud : $427,199,701,387.70
Tax Evasion + Barter Trade : $6,001,367,950,495.27

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.03 liras
  Regional Exchange Rates
Gross Domestic Product: $12,965,600,000,000.00 - 48%
Black & Grey Markets Combined: $13,956,669,652,314.58 - 52%
Real Total Economy: $26,922,269,652,314.58          

Countries of the World Economic Statistics & Links

Gross Regional Product: $14,710,861,062,995,968
Region Wide Imports: $2,014,159,675,850,752
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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