Economy of Romaia

Economy of Romaia

Constantinoupoli is the Economic, Industrial and Financial Capital of Romaia, and is a global financial centre and a fashion capital of the world.
Currency	Romaian Lira (RLI, £)
Fiscal year	Calendar Year
Trade organisations	EC, GDI
Statistics
Population	59.576.148 (1 January 2022)
GDP	$2.63 trillion (nominal; 2019) $2.86 trillion (PPP; 2022)
GDP rank	7th
GDP growth	5.2% (2022) 1.1% (2023f) 2.4% (2024f)
GDP per capita	$44,116 (nominal; 2019) $48,090 (PPP; 2022)
GDP per capita rank	3rd
GDP by sector	agriculture: 2.1% industry: 23.9% services: 73.9% (2017 est.)
Inflation (CPI)	4% (2023e)
Gini coefficient	38.7
Human Development Index	0.909
Labour force by occupation	agriculture: 3.9% industry: 28.3% services: 67.8% (2010)
Average gross salary	£3,289 / $3,136 monthly (2019)
Average net salary	£2,631 / $2,502 monthly (2019)
Main industries	tourism machinery robots aircraft electronics defense systems iron and steel chemicals food processing scientific instrumentation pharmaceutical textiles motor vehicles clothing footwear ceramics cruise ship electric power
Ease-of-doing-business rank	(very easy) (2022)
External
Export goods	Engineering products, textiles and clothing, production machinery, motor vehicles, transport equipment, chemicals; foodstuffs, beverages, and tobacco; minerals, nonferrous metals
Main export partners	Eulabia a Nation 13.0% Raditia 10.2% Iavonia 9.6% Langenia 5.3% Haramoun 4.9% (2021)
Import goods	Engineering products, chemicals, transport equipment, energy products, minerals and nonferrous metals, textiles and clothing; food, beverages, tobacco
Main import partners	Eulabia a Nation 13.0% Theedishland 10.2% Raditia 9.6% Iavonia 5.3% Nifon 4.9%

The economy of Romaia is a highly developed social market economy. It is the largest national economy in the Eulabian Community, the 7th-largest in the world by nominal GDP and the third-largest in Eulabia. Romaia is a founding member of the Eulabian Community and the GDI. The largest trading partners, in order of market share in exports, are Eulabia a Nation (13%), Raditia (10.2%), Iavonia (9.6%), Langenia (5.3%) and Haramoun (4.9%).