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: 4,390,000,000
Criminals: 479,789,348
Elderly, Disabled, & Retirees: 607,808,370
Military & Reserves: ? 214,229,820
Students and Youth: 737,520,000
Unemployed but Able: 685,673,330
Working Class: 1,664,979,131

Faroe Islands-0 Government Budget Details

Government Budget: $12,882,858,471,409.58
Government Expenditures: $12,367,544,132,553.20
Goverment Waste: $515,314,338,856.38
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,236,754,413,255.32 10%
Social Welfare: $1,360,429,854,580.85 11%
Healthcare: $1,484,105,295,906.38 12%
Education: $1,236,754,413,255.32 10%
Religion & Spirituality: $247,350,882,651.06 2%
Defense: $2,349,833,385,185.11 19%
Law & Order: $1,731,456,178,557.45 14%
Commerce: $494,701,765,302.13 4%
Public Transport: $1,236,754,413,255.32 10%
The Environment: $494,701,765,302.13 4%
Social Equality: $618,377,206,627.66 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,987,100,000,000.00
GDP Per Capita: $2,502.76
Average Salary Per Employee: $4,550.10
Unemployment Rate: 23.56%
Consumption: $39,140,629,036,400.64
Exports: $6,422,942,883,840.00
Imports: $6,312,355,168,256.00
Trade Net: 110,587,715,584.00

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

Black & Grey Markets Combined: $11,780,384,830,043.68
Avg Annual Criminal's Income / Savings: ? $2,109.39
Recovered Product + Fines & Fees: $1,236,940,407,154.59

Black Market & Grey Market Statistics:

Guns & Weapons: $585,951,923,802.06
Drugs and Pharmaceuticals: $540,878,698,894.21
Extortion & Blackmail: $420,683,432,473.28
Counterfeit Goods: $826,342,456,643.93
Trafficking & Intl Sales: $390,634,615,868.04
Theft & Disappearance: $510,829,882,288.98
Counterfeit Currency & Instruments : $1,006,635,356,275.34
Illegal Mining, Logging, and Hunting : $270,439,349,447.11
Basic Necessitites : $555,903,107,196.83
School Loan Fraud : $360,585,799,262.81
Tax Evasion + Barter Trade : $5,065,565,476,918.78

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: $10,987,100,000,000.00 - 48%
Black & Grey Markets Combined: $11,780,384,830,043.68 - 52%
Real Total Economy: $22,767,484,830,043.68          

Countries of the World Economic Statistics & Links

Gross Regional Product: $10,074,922,755,817,472
Region Wide Imports: $1,388,760,226,856,960
Largest Regional GDP: -For The Future
Largest Regional Importer: -For The Future
Regional Search Functions: All Countries of the World Nations.
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Regional Exchange Rates | WA Members
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