Economy of Vinalia

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Economy of Vinalia
Guatemala City Air View.jpg
Orlavo's business centre, Vinalia's largest city and one of several economic hubs across the country.
CurrencyVinalian Zolota (VNZ; Z)
Calendar year
Trade organisations
ITO
Statistics
PopulationIncrease 25,878,816 (2020)
GDPIncrease $269.66 billion (nominal, 2020 est.)
Increase $593.25 billion (PPP, 2020 est.)
GDP rank49th (nominal, 2020)
39th (PPP, 2020)
GDP growth
  • 3.1% (2018) 3.2% (2019)
  • 3.9% (2020f) 4.2% (2021f)
GDP per capita
$10,420 (nominal, 2020 est.)
$22,924 (PPP, 2020 est.)
GDP per capita rank
41st (nominal, 2020)
33rd (PPP, 2020)
GDP by sector
agriculture: 16.5%
industry: 33.5%
services: 50%
(2018 est.)
2.3% (2020 est.)
2.5% (2019)
2.4% (2018)
Population below poverty line
Decrease 22.6% (2018)
Steady 19.9% at risk of poverty
Increase 27.3 Low (2017)
Increase 0.76714 high (2020)
Increase 0.7618 high IHDI (2018)
Labour force
Increase 17,309,792 (2020)
Increase(60.7% employment rate; 2019)
Labour force by occupation
agriculture: 20.4
industry: 28.5%
services: 51.1%
(2020)
UnemploymentDecrease 3.7% (2019)
Average gross salary
Z3,102 / €600.00 / $669.98 monthly
(2018 est.)
Z2,699 / €522.00 / $582.88 monthly
(2018 est.)
Main industries
External
ExportsIncrease $76.313 billion (2020)
Export goods
Petroleum, natural gas, coffee, sugar petrochemicals, metals, uranium, electronics, foodstuffs, vehicles and aircraft
Main export partners
ImportsIncrease $54.2 billion (2020)
Import goods
Machinery, plastic, pharmaceuticals, vehicles, electronics, consumer goods, metal alloys
Main import partners
FDI stock
$102.4 billion (2017 est.)
$22.112 billion (2020)
Increase $88.4 billion (2019 est.)
Public finances
Decrease 29.6% of GDP (2019)
-0.8% of GDP (2020)
Revenues$28.876 billion(2017 est.)
Expenses$42.1 billion (2017 est.)
FitzAllen & Kings:
B+ (domestic)
B- (foreign)
Outlook: Stable
Foreign reserves
$119.0 billion (2018 est.)

The economy of Vinalia is a Developing/Emerging Upper-middle income economy. It is the 49th largest world economy by nominal GDP, and the 39th largest by Purchasing Power Parity. It is the smallest economy in Asteria Superior.

Export

Country Billions of dollars %
 Chistovodia 22.894 30
Ardesia 10.379 13.6
 Ansan 7.173 9.4
 Soravia 6.868 9
 Senria 6.410 8.4
 Euclean Community 4.350 5.7
 Rizealand 3.587 4.7
File:Eldmark.png Eldmark 3.052 4
Other 11.600 15.2
Total 76.314 100

Import

Country Billions of dollars %
 Chistovodia 11.924 22
 Soravia 8.781 16.2
 Senria 7.046 13
 Euclean Community 5.312 9.8
 Ansan 4.499 8.3
 Marchenia 4.336 8
Ardesia 3.631 6.7
Shangea Shangea 3.469 6.4
Other 5.203 9.6
Total 54.202 100