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: 4,122,000,000
Criminals: 450,436,309
Elderly, Disabled, & Retirees: 570,704,837
Military & Reserves: ? 201,163,683
Students and Youth: 692,496,000
Unemployed but Able: 643,769,143
Working Class: 1,563,430,028

Faroe Islands-0 Government Budget Details

Government Budget: $12,096,387,510,687.50
Government Expenditures: $11,612,532,010,260.00
Goverment Waste: $483,855,500,427.50
Goverment Efficiency: 96%

Faroe Islands-0 Government Spending Breakdown:

Administration: $1,161,253,201,026.00 10%
Social Welfare: $1,277,378,521,128.60 11%
Healthcare: $1,393,503,841,231.20 12%
Education: $1,161,253,201,026.00 10%
Religion & Spirituality: $232,250,640,205.20 2%
Defense: $2,206,381,081,949.40 19%
Law & Order: $1,625,754,481,436.40 14%
Commerce: $464,501,280,410.40 4%
Public Transport: $1,161,253,201,026.00 10%
The Environment: $464,501,280,410.40 4%
Social Equality: $580,626,600,513.00 5%
        Compare Faroe Islands-0 to another nation:

Faroe Islands-0 White Market Statistics ?

Gross Domestic Product: $10,334,900,000,000.00
GDP Per Capita: $2,507.25
Average Salary Per Employee: $4,558.00
Unemployment Rate: 23.56%
Consumption: $36,751,177,332,817.92
Exports: $6,049,441,120,256.00
Imports: $5,926,999,293,952.00
Trade Net: 122,441,826,304.00

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

Black & Grey Markets Combined: $11,061,217,527,575.70
Avg Annual Criminal's Income / Savings: ? $2,109.68
Recovered Product + Fines & Fees: $1,161,427,840,395.45

Black Market & Grey Market Statistics:

Guns & Weapons: $550,180,811,865.04
Drugs and Pharmaceuticals: $507,859,210,952.35
Extortion & Blackmail: $395,001,608,518.49
Counterfeit Goods: $775,896,016,732.75
Trafficking & Intl Sales: $366,787,207,910.03
Theft & Disappearance: $479,644,810,343.88
Counterfeit Currency & Instruments : $945,182,420,383.54
Illegal Mining, Logging, and Hunting : $253,929,605,476.17
Basic Necessitites : $521,966,411,256.58
School Loan Fraud : $338,572,807,301.57
Tax Evasion + Barter Trade : $4,756,323,536,857.55

Faroe Islands-0 Total Market Statistics ?

National Currency: lira
Exchange Rates: 1 lira = $0.25
  $1 = 4.01 liras
  Regional Exchange Rates
Gross Domestic Product: $10,334,900,000,000.00 - 48%
Black & Grey Markets Combined: $11,061,217,527,575.70 - 52%
Real Total Economy: $21,396,117,527,575.70          

Countries of the World Economic Statistics & Links

Gross Regional Product: $8,670,149,011,832,832
Region Wide Imports: $1,198,808,587,304,960
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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