Economy of Esthursia: Difference between revisions
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The economy of Esthursia is a highly industrialised, mixed economy with a high degree of welfare and government intervention. The largest sector of Finland's economy is services at 80.8 percent, followed by manufacturing at 18.4 percent. Primary production - centrally agriculture - is 0.8 percent. Esthursia's economy | The economy of Esthursia is a highly industrialised, mixed economy with a high degree of welfare and government intervention. The largest sector of Finland's economy is services at 80.8 percent, followed by manufacturing at 18.4 percent. Primary production - centrally agriculture - is 0.8 percent. Esthursia's economy has low levels of relative poverty and inequality, a large proportion in government spending of GDP, and extensive universal provision of utilities, such as education, healthcare, energy, water and housing. | ||
With respect to foreign trade, the key economic sectors are manufacturing, healthcare, education and energy. The largest industry by far is healthcare, followed by energy. Esthursia has extensive geothermal and tidal energy reserves, and exports nearly half of the energy it produces. The agricultural sector is particularly reliant on government intervention, although healthcare also remains primarily nationalised and centralised. The metropolitan areas of Brantley and Weskerby generate around a third of Esthursia's GDP. Finance also remains key to the Esthursian economy, although is diminishing as a proportion of the economy - particularly during the 2009-11 economic crisis - while remaining central in the city and capital of Weskerby. | With respect to foreign trade, the key economic sectors are manufacturing, healthcare, education and energy. The largest industry by far is healthcare, followed by energy. Esthursia has extensive geothermal and tidal energy reserves, and exports nearly half of the energy it produces. The agricultural sector is particularly reliant on government intervention, although healthcare also remains primarily nationalised and centralised. The metropolitan areas of Brantley and Weskerby generate around a third of Esthursia's GDP. Finance also remains key to the Esthursian economy, although is diminishing as a proportion of the economy - particularly during the 2009-11 economic crisis - while remaining central in the city and capital of Weskerby. | ||
Revision as of 15:47, 22 October 2022
 Brough of Weskerby, the financial centre of Esthursia | |
| Currency | Arian shilling (EAS, ʃ) |
|---|---|
| 1 February - 31 January | |
Trade organisations | IEF and UAS |
| Statistics | |
| Population |  141,805,639 (January 2022) |
| GDP |
|
GDP growth |
|
GDP per capita |
|
GDP by sector |
|
| |
| 2.2% | |
Population below poverty line |
|
 24.7 low (INS, 2022) | |
| |
Labour force |
|
Labour force by occupation |
|
| Unemployment |
|
Average gross salary | ʃ491 / $773 weekly median (2021) |
Main industries | List
|
| (Very easy, 2020) | |
| External | |
| Exports | $n billion (2021 est.) |
Export goods |
|
| Imports |  ~$n billion (2021 est.) |
Import goods |
|
FDI stock |
|
| $11.8 billion (2022) | |
Gross external debt | $2.019 trillion (2021) |
| +$1.209 billion (2021) | |
| Public finances | |
| |
| |
| Revenues | 49.1% of GDP (2022) |
| Expenses | 47.9% of GDP (2022) |
| Economic aid | $71 billion (2017) |
| |
Foreign reserves | $471.8 billion (31 January 2021) |
3.0% (August 2022)The economy of Esthursia is a highly industrialised, mixed economy with a high degree of welfare and government intervention. The largest sector of Finland's economy is services at 80.8 percent, followed by manufacturing at 18.4 percent. Primary production - centrally agriculture - is 0.8 percent. Esthursia's economy has low levels of relative poverty and inequality, a large proportion in government spending of GDP, and extensive universal provision of utilities, such as education, healthcare, energy, water and housing.
With respect to foreign trade, the key economic sectors are manufacturing, healthcare, education and energy. The largest industry by far is healthcare, followed by energy. Esthursia has extensive geothermal and tidal energy reserves, and exports nearly half of the energy it produces. The agricultural sector is particularly reliant on government intervention, although healthcare also remains primarily nationalised and centralised. The metropolitan areas of Brantley and Weskerby generate around a third of Esthursia's GDP. Finance also remains key to the Esthursian economy, although is diminishing as a proportion of the economy - particularly during the 2009-11 economic crisis - while remaining central in the city and capital of Weskerby.
High-technology manufacturing in Esthursia ranks particularly highly, meanwhile - due to high levels of investment out of Esthursia while inward investment is low - Esthursia remains a creditor nation. Short-term outlooks for the Esthursian economy remain bullish due to an extensive infrastructure and welfare programme aimed at redistribution, although domestic credit scores have been destabilised due to this. Esthursia has one of the largest information sectors, and its healthcare sector is by far the largest employer, followed by the education, finance and construction sectors.
Esthursia has not typically been heavily integrated with the world economy, however its recent entrance into the FSO, and increased participation in the global economy have increased trade markedly. Trade with the rest of the Union of Aurorian States represents over half of the country's total trade. Trade policy remains mainly under the jurisdiction of the Esthursian government. Esthursia has operated under its "arian shilling" since the Union's founding in 1508, and in totality since 1588, which remains independent and partially managed.