Economy of Littland: Difference between revisions

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{{Infobox economy
{{Infobox economy
| country = Littland
| country = Littland
| image = [[File:Beursplein_5_(cropped_and_edited).jpg|225px|link=Kaslund Stock Exchange]]
| image = [[File:Littland Kaslund.jpg|285px]]<br/><gallery mode=packed heights=80 style="margin:0;">
| caption = Kaslund Stock Exchange
File:Littlands Nationalbank.jpg
File:Littland Aalhavn Port.jpg
</gallery>
| caption = From top to bottom, left to right: [[Kaslund]], [[Littlands Nationalbank|Central Bank of Littland]], [[Port of Aalhavn]]
| currency = [[Littish daler]] (DAL)
| currency = [[Littish daler]] (DAL)
| year = Calendar year
| year = Calendar year
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| population = {{decrease}} 21,254,000 (2022)
| population = {{decrease}} 21,254,000 (2022)
| gdp = {{steady}} $438.09 billion (nominal, 2022)
| gdp = {{steady}} $438.09 billion (nominal, 2022)
| growth = 0.4% (2018)
| growth = 1.6% (2020)
| per capita = {{steady}} $19,800 (nominal, 2022)
| per capita = {{steady}} $19,800 (nominal, 2022)
| sectors = {{plainlist|
| sectors = {{plainlist|
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| gini = {{increaseNegative}} 37.2 {{color|orange|medium}}
| gini = {{increaseNegative}} 37.2 {{color|orange|medium}}
| hdi = {{steady}} 0.768 {{color|green|high}}
| hdi = {{steady}} 0.768 {{color|green|high}}
| edbr =
| unemployment = {{plainlist|
| unemployment = {{plainlist|
*{{decreasePositive}} 5.9%  
*{{decreasePositive}} 5.9%  
*{{decreasePositive}} 11.6% youth unemployment (15 to 25 year-olds)
*{{decreasePositive}} 11.6% youth unemployment (15 to 25 year-olds)
}}
}}
| industries =  
| industries = {{hlist|{{wpl|Iron}}|{{wpl|Steel}}|{{wpl|Food Processing}}|{{wpl|Electronics}}|{{wpl|Machinery}}|{{wpl|Pharmaceuticals}}|{{wpl|Information Technology}}|{{wpl|Transport industry|Transportation and Logistics}}}}
| exports =  
| exports = {{increase}} $149.7 billion (2021)
| export-goods =  
| export-goods = {{hlist|iron and steel products|pharmaceuticals|machinery|meat products|foodstuffs|electronics|consumer goods}}
| export-partners =  
| export-partners =  
| imports =  
| imports = {{increase}} $165.2 billion (2021)
| import-goods =  
| import-goods = {{hlist|machinery components|petroleum products|petroleum|chemicals|motor vehicles|plastics|semiconductors|consumer goods}}
| import-partners =  
| import-partners =  
| current account =  
| current account = {{increaseNegative}} -$15.5 billion (2021)
| debt = {{plainlist|
| debt = {{plainlist|
*{{increaseNegative}} 32.8% of GDP (2021)
*{{increaseNegative}} 32.8% of GDP (2021)
}}
}}
| credit = [[Foster & Ajax]]:<br/>AA (Domestic)<br/>A (Foreign)
| credit = [[Foster & Ajax]]:<br/>AA (Domestic)<br/>A (Foreign)
|reserves = $60 billion (2020)
|reserves = $60.3 billion (2020)
}}
}}
The '''economy of [[Littland]]''' is a highly developed social market economy. The most prominent stock exchange in Littland is [[Kaslund Stock Exchange]].
The '''economy of [[Littland]]''' is a highly developed social market economy. The most prominent stock exchange in Littland is [[Kaslund Stock Exchange]].
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==Currency==
==Currency==
{{Main|Littish daler}}
{{Main|Littish daler}}
The Littish currency is the [[Littish daler]], which is valued at 4.71 DAL to 1 USD. The currency is sometimes referred to as the ''Littish dollar'' in some countries. Inflation has been fluctuating the past few decades, reaching its peak in 2003 at just under 10%. The central bank, [[Littlands Nationalbank]], has since then begun to relax certain rules on currency controls although the currency is not widely used internationally. Government intervention has also helped curb the inflation, which now sits at 1.2%. The currency inflation is at 3.06% as of 2021.
The Littish currency is the [[Littish daler]], which is valued at 4.71 DAL to 1 USD. The currency is sometimes referred to as the ''Littish dollar'' in some countries. Inflation has been fluctuating the past few decades, reaching its peak in 2003. The central bank, [[Littlands Nationalbank]], has since then begun to relax certain rules on currency controls although the currency is not widely used internationally. Government intervention has also helped curb the inflation, which now sits at 1.8%. The currency inflation is at 3.06% as of 2021.


==Natural resources==
==Natural resources==
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==External trade==
==External trade==
File:Littland Exports 2021.png|right|thumb|450px|Littlands Main Exports 2021
{| class="wikitable"
{| class="wikitable"
|-
|-

Revision as of 16:31, 15 August 2022

Economy of Littland
Littland Kaslund.jpg
  • Littlands Nationalbank.jpg
  • Littland Aalhavn Port.jpg
From top to bottom, left to right: Kaslund, Central Bank of Littland, Port of Aalhavn
CurrencyLittish daler (DAL)
Calendar year
Trade organisations


Developed/Advanced
High-income economy
Statistics
PopulationDecrease 21,254,000 (2022)
GDPSteady $438.09 billion (nominal, 2022)
GDP growth
1.6% (2020)
GDP per capita
Steady $19,800 (nominal, 2022)
GDP by sector
1.8% (2021)
Population below poverty line
Positive decrease 14.1% at risk of poverty or social exclusion
Negative increase 37.2 medium
Steady 0.768 high
Unemployment
  • Positive decrease 5.9%
  • Positive decrease 11.6% youth unemployment (15 to 25 year-olds)
Main industries
External
ExportsIncrease $149.7 billion (2021)
Export goods
  • iron and steel products
  • pharmaceuticals
  • machinery
  • meat products
  • foodstuffs
  • electronics
  • consumer goods
ImportsIncrease $165.2 billion (2021)
Import goods
  • machinery components
  • petroleum products
  • petroleum
  • chemicals
  • motor vehicles
  • plastics
  • semiconductors
  • consumer goods
Negative increase -$15.5 billion (2021)
Public finances
  • Negative increase 32.8% of GDP (2021)
Foster & Ajax:
AA (Domestic)
A (Foreign)
Foreign reserves
$60.3 billion (2020)

All values, unless otherwise stated, are in US dollars.

The economy of Littland is a highly developed social market economy. The most prominent stock exchange in Littland is Kaslund Stock Exchange.

Currency

Main article: Littish daler

The Littish currency is the Littish daler, which is valued at 4.71 DAL to 1 USD. The currency is sometimes referred to as the Littish dollar in some countries. Inflation has been fluctuating the past few decades, reaching its peak in 2003. The central bank, Littlands Nationalbank, has since then begun to relax certain rules on currency controls although the currency is not widely used internationally. Government intervention has also helped curb the inflation, which now sits at 1.8%. The currency inflation is at 3.06% as of 2021.

Natural resources

Agriculture sector

Industry sector

Service sector

Infrastructure

External trade

Country Agreement Abbr. Effective

Major companies

Largest companies

Image Name Industry Sector Revenue
(in Đ) 		Headquarters Founded
Danfoss Hauptgebäude in Nordborg.jpg Fergo Industries Industrial Conglomerate 133.29 billion Klinstrup 1937
Saxo Bank HQ building.jpg Rislev Foods Food & Beverages billion Kaslund 1987
Kaslund Guldbrand Tower.jpg Guldbrand Group Retailing billion Kaslund 1971
Parsol HQ Kaslund.jpeg Parsol Pharmaceuticals billion Kaslund 1948

Notable companies

Name Industry Sector Headquarters Founded
Summarum Household Durables Klinstrup 1964
NordSoft Software & Services Rødskov 1979
Bravo Broadcasting Media & Entertainment Aalhavn 1993
OPA Media Media Kaslund 1982
Holst Premium Packaged Foods & Meats Frankerup 1948
Torcon Construction & Engineering Klinstrup 1946
LMS Telecommunication Services Gistrup 1978
Noxu Game Studios Software Halling 1992
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