Economy of Mascylla: Difference between revisions
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| organs = X | | organs = X | ||
| rank = | | rank = | ||
| gdp = {{increase}} $ | | gdp = {{increase}} $4.796 trillion (nominal; 2018 est.)<br>{{decrease}} $5.240 trillion ({{wp|purchasing power parity|PPP}}; 2018 est.) | ||
| growth = 1.9% (2017) 1.5% (2018)<br>1.2% (2019) 1.4% (2020) | | growth = 1.9% (2017) 1.5% (2018)<br>1.2% (2019) 1.4% (2020) | ||
| per capita = {{increase}} $53,417 (nominal; 2018 est.)<br>{{decrease}} $58,901 (PPP; 2018 est.) | | per capita = {{increase}} $53,417 (nominal; 2018 est.)<br>{{decrease}} $58,901 (PPP; 2018 est.) | ||
| Line 17: | Line 17: | ||
| poverty = {{decreasePositive}} 14% in poverty (2018)<br>{{increaseNegative}} 18.91% at risk of poverty or social exclusion (2017) | | poverty = {{decreasePositive}} 14% in poverty (2018)<br>{{increaseNegative}} 18.91% at risk of poverty or social exclusion (2017) | ||
| gini = {{IncreaseNegative}} 28.2 (2017) | | gini = {{IncreaseNegative}} 28.2 (2017) | ||
| labor = {{increase}} | | labor = {{increase}} 74.826 million (2017)<br>{{increase}} 84.1% employment rate (November, 2019) | ||
| occupations = {{wp|primary sector of the economy|agriculture}}: 1.8%, {{wp|secondary sector of the economy|industry}}: 27.5%, {{wp|service sector|services}}: 70.7% | | occupations = {{wp|primary sector of the economy|agriculture}}: 1.8%, {{wp|secondary sector of the economy|industry}}: 27.5%, {{wp|service sector|services}}: 70.7% | ||
| unemployment = {{DecreasePositive}} 15.9% (2015) | | unemployment = {{DecreasePositive}} 15.9% (2015) | ||
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| industries = {{wp|consumer electronics}}{{·}}{{wp|financial services|financials}}{{·}}{{wp|insurance}}{{·}}{{wp|pulp and paper industry|paper and pulp}}{{·}}{{wp|petroleum product|petroleum}}{{·}}{{wp|metals}}{{·}}{{wp|shipbuilding}}{{·}}{{wp|textile|textiles}}{{·}}{{wp|tourism industry|tourism}} | | industries = {{wp|consumer electronics}}{{·}}{{wp|financial services|financials}}{{·}}{{wp|insurance}}{{·}}{{wp|pulp and paper industry|paper and pulp}}{{·}}{{wp|petroleum product|petroleum}}{{·}}{{wp|metals}}{{·}}{{wp|shipbuilding}}{{·}}{{wp|textile|textiles}}{{·}}{{wp|tourism industry|tourism}} | ||
| edbr = | | edbr = | ||
| exports = {{increase}} $ | | exports = {{increase}} $2.419 trillion (2018) | ||
| export-goods = motor vehicles, machinery, chemicals, computer and electronic products, electrical equipment, pharmaceuticals, metals, transport equipment, foodstuffs, textiles, rubber and plastic products | | export-goods = motor vehicles, machinery, chemicals, computer and electronic products, electrical equipment, pharmaceuticals, metals, transport equipment, foodstuffs, textiles, rubber and plastic products | ||
| export-partners = {{flagicon image|Erdaran_Union_Flag.png}} [[Telmerian Union]] 54.9%<br>{{flag|Lavaria}} 11.5%<br>{{flag|Falland}} 9.3%<br>{{flag|Dulebia}} 5.1%<br>{{flag|Sarrac}} 4.8% | | export-partners = {{flagicon image|Erdaran_Union_Flag.png}} [[Telmerian Union]] 54.9%<br>{{flag|Lavaria}} 11.5%<br>{{flag|Falland}} 9.3%<br>{{flag|Dulebia}} 5.1%<br>{{flag|Sarrac}} 4.8% | ||
| imports = {{increase}} $1. | | imports = {{increase}} $1.788 trillion (December 2018) | ||
| import-goods = machinery, data processing equipment, vehicles, chemicals, oil and gas, metals, electric equipment, pharmaceuticals, foodstuffs, agricultural products | | import-goods = machinery, data processing equipment, vehicles, chemicals, oil and gas, metals, electric equipment, pharmaceuticals, foodstuffs, agricultural products | ||
| import-partners = {{flagicon image|Erdaran_Union_Flag.png}} [[Telmerian Union]] 60.2%<br>{{flag|Dulebia}} 15.9%<br>{{flag|Lavaria}} 9.6%<br>{{flag|Yudong}} 4.9%<br>{{flag|Melasia}} 3.3% | | import-partners = {{flagicon image|Erdaran_Union_Flag.png}} [[Telmerian Union]] 60.2%<br>{{flag|Dulebia}} 15.9%<br>{{flag|Lavaria}} 9.6%<br>{{flag|Yudong}} 4.9%<br>{{flag|Melasia}} 3.3% | ||
| FDI = {{increase}} $1.623 trillion (2016)<br>{{increase}} Abroad: $ | | FDI = {{increase}} $1.623 trillion (2016)<br>{{increase}} Abroad: $2.774 trillion (2018) | ||
| current account = {{increaseNegative}} $ | | current account = {{increaseNegative}} $302.5 billion (2018 est.) | ||
| gross external debt = $ | | gross external debt = $3.478 trillion (March 2019) | ||
| NIIP = | | NIIP = | ||
| debt = {{decreasePositive}} 73.18% of GDP (2015) | | debt = {{decreasePositive}} 73.18% of GDP (2015) | ||
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| revenue = 61.1% of GDP (2018) | | revenue = 61.1% of GDP (2018) | ||
| expenses = 56.4% of GDP (2018) | | expenses = 56.4% of GDP (2018) | ||
| aid = ''donor:'' {{wp|official development assistance|ODA}}; $ | | aid = ''donor:'' {{wp|official development assistance|ODA}}; $42.6 billion (2019) | ||
| credit = Domestic: AAA<br>Foreign: AAA<br>Outlook: Stable | | credit = Domestic: AAA<br>Foreign: AAA<br>Outlook: Stable | ||
| reserves = {{increase}} $454.3 billion (2017 est.) | | reserves = {{increase}} $454.3 billion (2017 est.) | ||
| Line 47: | Line 47: | ||
The '''economy of Mascylla''' is a {{wp|developed country|highly developed}} and free-{{wp|market economy|market-oriented}} {{wp|social market economy}}. It has the world's [[List of Auroran countries by different metrices|single largest economy]] measured by nominal GDP and the second-largest by {{wp|purchasing power parity}} figures. It is the single largest economy in [[Telmeria]] and [[Berea]] respectively. | The '''economy of Mascylla''' is a {{wp|developed country|highly developed}} and free-{{wp|market economy|market-oriented}} {{wp|social market economy}}. It has the world's [[List of Auroran countries by different metrices|single largest economy]] measured by nominal GDP and the second-largest by {{wp|purchasing power parity}} figures. It is the single largest economy in [[Telmeria]] and [[Berea]] respectively. | ||
In 2016, Mascylla was the second-largest goods exporter in the world and the third-largest goods importer. It also had the second-largest inward foreign direct investment, and the third-largest outward {{wp|foreign direct investment}}. Mascylla is one of the most {{wp|globalisation|globalised}} economies, and has achieved the highest trade surplus globally in 2018. With more the 52% of its imports and its exports, the [[ | In 2016, Mascylla was the second-largest goods exporter in the world and the third-largest goods importer. It also had the second-largest inward foreign direct investment, and the third-largest outward {{wp|foreign direct investment}}. Mascylla is one of the most {{wp|globalisation|globalised}} economies, and has achieved the highest trade surplus globally in 2018. With more the 52% of its imports and its exports, the [[Telmerian Union]], including its other four members states, remains in 2020 the most notable trade partners of Mascylla. The {{wp|service sector}} contributes around 61% of national GDP, industries 38%, and agriculture about 1%. Exports generally account for 45% of national output. For its outward trade relations and a good composition in balanced export and import affairs, Mascylla's economies is dubbed as "one of the world's most stable economies". Mascylla has historically been rich in {{wp|timber}}, {{wp|copper}}, {{wp|iron}}, and {{wp|salt}}. Some minor reserves of {{wp|petroleum|oil}} and {{wp|natural gas}} are exploited in northern Aldia since antiquity. In the 19th century, Mascylla was one of the earliest countries to {{wp|industrialisation|industralize}} and spearheaded economic development in Telmeria after the [[War of the Five Kings]]. Though growth was largely hindered by the [[Great War (Aurorum)|Great War]] and the [[Mascyllary Revolution]], Mascylla continues to represent a formbídable economic power with political significance. Until the end of the [[Great Game (Aurorum)|Great Game]], Mascylla mined for {{wp|uranium}} in the Weißenhaupt mountains. | ||
Mascylla's energy is sourced predominently by {{wp|wind power}} (43.2%), followed by other renewable energies, nuclear power, natural gas, oil, and lignite. Mascylla is one of the first major industralised nations committed to a renewable {{wp|energy transition}}, called ''Energienwende'', being the world's largest producer of wind turbines. The country aims to expand renewable energy contribution to 90% of the national output by 2040. Mascylla also successfully implements the economic model known as "{{wp|Mittelstand}}", small and medium-sized companies, ruled privatly. Of the world's 500 largest stock-market-listed companies measured by {{wp|revenue}} in 2014, 94 are headquarted in Mascylla. 31 major Mascylla-based companies are included in the ''MAIX'', the prime Mascyllary {{wp|stock market}} index which is operated by the Flussmund and Königsreh Stock Exchanges. | Mascylla's energy is sourced predominently by {{wp|wind power}} (43.2%), followed by other renewable energies, nuclear power, natural gas, oil, and lignite. Mascylla is one of the first major industralised nations committed to a renewable {{wp|energy transition}}, called ''Energienwende'', being the world's largest producer of wind turbines. The country aims to expand renewable energy contribution to 90% of the national output by 2040. Mascylla also successfully implements the economic model known as "{{wp|Mittelstand}}", small and medium-sized companies, ruled privatly. Of the world's 500 largest stock-market-listed companies measured by {{wp|revenue}} in 2014, 94 are headquarted in Mascylla. 31 major Mascylla-based companies are included in the ''MAIX'', the prime Mascyllary {{wp|stock market}} index which is operated by the Flussmund and Königsreh Stock Exchanges. | ||
Revision as of 22:17, 5 June 2022
.jpg) Köpenick, the financial hub of Mascylla | |
| Currency | Karning (KN, Ӄ) |
|---|---|
| 1 January – 31 December | |
Trade organisations | X |
| Statistics | |
| GDP |  $4.796 trillion (nominal; 2018 est.) $5.240 trillion (PPP; 2018 est.) |
GDP growth | 1.9% (2017) 1.5% (2018) 1.2% (2019) 1.4% (2020) |
GDP per capita | $53,417 (nominal; 2018 est.) $58,901 (PPP; 2018 est.) |
GDP by sector | agriculture: 1%, industry: 38%, services: 61% |
| 1.68% (2017) 2.02% (2018) 1.93% (2019) | |
Population below poverty line |  14% in poverty (2018) 18.91% at risk of poverty or social exclusion (2017) |
| 28.2 (2017) | |
Labour force | 74.826 million (2017) 84.1% employment rate (November, 2019) |
Labour force by occupation | agriculture: 1.8%, industry: 27.5%, services: 70.7% |
| Unemployment | 15.9% (2015) |
Average gross salary | Ӄ3,804 monthly (2015) |
| Ӄ2,137 monthly (2016) | |
Main industries | consumer electronics · financials · insurance · paper and pulp · petroleum · metals · shipbuilding · textiles · tourism |
| External | |
| Exports | $2.419 trillion (2018) |
Export goods | motor vehicles, machinery, chemicals, computer and electronic products, electrical equipment, pharmaceuticals, metals, transport equipment, foodstuffs, textiles, rubber and plastic products |
Main export partners |  Telmerian Union 54.9% Lavaria 11.5% Falland 9.3% Dulebia 5.1% Sarrac 4.8% |
| Imports | $1.788 trillion (December 2018) |
Import goods | machinery, data processing equipment, vehicles, chemicals, oil and gas, metals, electric equipment, pharmaceuticals, foodstuffs, agricultural products |
Main import partners | Telmerian Union 60.2% Dulebia 15.9% Lavaria 9.6% Yudong 4.9% Melasia 3.3% |
FDI stock | $1.623 trillion (2016) Abroad: $2.774 trillion (2018) |
| $302.5 billion (2018 est.) | |
Gross external debt | $3.478 trillion (March 2019) |
| Public finances | |
| 73.18% of GDP (2015) | |
| Revenues | 61.1% of GDP (2018) |
| Expenses | 56.4% of GDP (2018) |
| Economic aid | donor: ODA; $42.6 billion (2019) |
| Domestic: AAA Foreign: AAA Outlook: Stable | |
Foreign reserves | $454.3 billion (2017 est.) |
All values, unless otherwise stated, are in US dollars. | |
The economy of Mascylla is a highly developed and free-market-oriented social market economy. It has the world's single largest economy measured by nominal GDP and the second-largest by purchasing power parity figures. It is the single largest economy in Telmeria and Berea respectively.
In 2016, Mascylla was the second-largest goods exporter in the world and the third-largest goods importer. It also had the second-largest inward foreign direct investment, and the third-largest outward foreign direct investment. Mascylla is one of the most globalised economies, and has achieved the highest trade surplus globally in 2018. With more the 52% of its imports and its exports, the Telmerian Union, including its other four members states, remains in 2020 the most notable trade partners of Mascylla. The service sector contributes around 61% of national GDP, industries 38%, and agriculture about 1%. Exports generally account for 45% of national output. For its outward trade relations and a good composition in balanced export and import affairs, Mascylla's economies is dubbed as "one of the world's most stable economies". Mascylla has historically been rich in timber, copper, iron, and salt. Some minor reserves of oil and natural gas are exploited in northern Aldia since antiquity. In the 19th century, Mascylla was one of the earliest countries to industralize and spearheaded economic development in Telmeria after the War of the Five Kings. Though growth was largely hindered by the Great War and the Mascyllary Revolution, Mascylla continues to represent a formbídable economic power with political significance. Until the end of the Great Game, Mascylla mined for uranium in the Weißenhaupt mountains.
Mascylla's energy is sourced predominently by wind power (43.2%), followed by other renewable energies, nuclear power, natural gas, oil, and lignite. Mascylla is one of the first major industralised nations committed to a renewable energy transition, called Energienwende, being the world's largest producer of wind turbines. The country aims to expand renewable energy contribution to 90% of the national output by 2040. Mascylla also successfully implements the economic model known as "Mittelstand", small and medium-sized companies, ruled privatly. Of the world's 500 largest stock-market-listed companies measured by revenue in 2014, 94 are headquarted in Mascylla. 31 major Mascylla-based companies are included in the MAIX, the prime Mascyllary stock market index which is operated by the Flussmund and Königsreh Stock Exchanges.
The Great Bank of Mascylla is the country's central bank, and since 1804 government involvement is managed by the Ministry of Finance of the Realm, being responsible for setting interest rates, quantitative easing, and forward guidance. The currency of Mascylla is the Karning, which is the world's second-largest reserve currency, and is also one of the 10 most-valued currencies in the world.
