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Faroe Islands
Overview
Side-by-side comparison of Faroe Islands with similar jurisdictions across key metrics.
Taxation
Corporate Tax
🇫🇴 Faroe Islands —
🇦🇫 Afghanistan 20.00
🇦🇿 Azerbaijan 20.00
🇨🇫 Central African Republic 30.00
🇬🇶 Equatorial Guinea 35.00
🇪🇷 Eritrea 30.00
🇮🇷 Iran 25.00
Top Income Tax
🇫🇴 Faroe Islands —
🇦🇫 Afghanistan —
🇦🇿 Azerbaijan 25.00
🇨🇫 Central African Republic —
🇬🇶 Equatorial Guinea —
🇪🇷 Eritrea —
🇮🇷 Iran —
VAT / Sales Tax
🇫🇴 Faroe Islands —
🇦🇫 Afghanistan —
🇦🇿 Azerbaijan 18.00
🇨🇫 Central African Republic —
🇬🇶 Equatorial Guinea —
🇪🇷 Eritrea —
🇮🇷 Iran —
Society & Governance
Press Freedom
🇫🇴 Faroe Islands —
🇦🇫 Afghanistan 9.0
🇦🇿 Azerbaijan 13.0
🇨🇫 Central African Republic 62.0
🇬🇶 Equatorial Guinea 14.0
🇪🇷 Eritrea 2.0
🇮🇷 Iran 23.0
Corruption Index
🇫🇴 Faroe Islands —
🇦🇫 Afghanistan 17.0
🇦🇿 Azerbaijan 22.0
🇨🇫 Central African Republic 24.0
🇬🇶 Equatorial Guinea 13.0
🇪🇷 Eritrea 13.0
🇮🇷 Iran 23.0
Property Rights
🇫🇴 Faroe Islands —
🇦🇫 Afghanistan —
🇦🇿 Azerbaijan 43.0
🇨🇫 Central African Republic 29.0
🇬🇶 Equatorial Guinea —
🇪🇷 Eritrea —
🇮🇷 Iran 39.0
Economy & Investment
Ease of Doing Business
🇫🇴 Faroe Islands —
🇦🇫 Afghanistan 31.0
🇦🇿 Azerbaijan 32.0
🇨🇫 Central African Republic 37.0
🇬🇶 Equatorial Guinea 37.0
🇪🇷 Eritrea 39.0
🇮🇷 Iran 32.0
Credit Rating
🇫🇴 Faroe Islands —
🇦🇫 Afghanistan —
🇦🇿 Azerbaijan BB+
🇨🇫 Central African Republic —
🇬🇶 Equatorial Guinea —
🇪🇷 Eritrea —
🇮🇷 Iran CC
Demographics
Urbanization Rate
🇫🇴 Faroe Islands 43.0%
🇦🇫 Afghanistan 27.0%
🇦🇿 Azerbaijan 58.0%
🇨🇫 Central African Republic 44.0%
🇬🇶 Equatorial Guinea 75.0%
🇪🇷 Eritrea 44.0%
🇮🇷 Iran 78.0%
| Metric | 🇫🇴 Faroe Islands | 🇦🇫 Afghanistan 85% | 🇦🇿 Azerbaijan 85% | 🇨🇫 Central African Republic 85% | 🇬🇶 Equatorial Guinea 85% | 🇪🇷 Eritrea 85% | 🇮🇷 Iran 85% |
|---|---|---|---|---|---|---|---|
| Taxation | |||||||
| Corporate Tax | — | 20.00 | 20.00 | 30.00 | 35.00 | 30.00 | 25.00 |
| Top Income Tax | — | — | 25.00 | — | — | — | — |
| VAT / Sales Tax | — | — | 18.00 | — | — | — | — |
| Society & Governance | |||||||
| Press Freedom | — | 9.0 | 13.0 | 62.0 | 14.0 | 2.0 | 23.0 |
| Corruption Index | — | 17.0 | 22.0 | 24.0 | 13.0 | 13.0 | 23.0 |
| Property Rights | — | — | 43.0 | 29.0 | — | — | 39.0 |
| Economy & Investment | |||||||
| Ease of Doing Business | — | 31.0 | 32.0 | 37.0 | 37.0 | 39.0 | 32.0 |
| Credit Rating | — | — | BB+ | — | — | — | CC |
| Demographics | |||||||
| Urbanization Rate | 43.0% | 27.0% | 58.0% | 44.0% | 75.0% | 44.0% | 78.0% |
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