Singhapala Bisaya
Singahapala Bisaya Republic Konhagok sa Singhapala Bisaya | |
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Flag | |
Motto: "Dem Tuhan – Katawhan – Katagbo" (Cebuano) "For God – People – Prosperity" | |
Anthem: "Martsa Sunhavit (Cebuano)" Sunhavit's March a | |
Location of Singhapala Bisaya | |
Capital | Fort Sotto |
Largest city | Fort Opon |
Official languages |
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Ethnic groups |
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Demonym(s) | (Singhapala) Bisaya |
Government | Federal presidential constitutional republic |
• President | Severus Cehideran Billings |
• Vice President | Simon Kanbatag Panbaliao |
Legislature | National Congress |
Independence from Chola Bisaya Empire | |
• Declared | 25 December 1871 |
• Current Constitution | 1 October 1957 |
Area | |
• Total | 975,442 km2 (376,620 sq mi) |
• Water (%) | 3.0 |
Population | |
• May 2024 estimate | 295,844,375 (1st) |
• 2020 census | 281,742,775 |
• Density | 302.57/km2 (783.7/sq mi) |
GDP (PPP) | 2024 estimate |
• Total | $13.340 trillion |
• Per capita | $45,325 |
GDP (nominal) | 2024 estimate |
• Total | $5.406 trillion |
• Per capita | $18,368 |
Gini (2023) | 42.8 medium |
HDI (2022) | 0.854 very high |
Currency | Singhapala Bisaya sigay (VSG) |
Time zone | UTC-4 (Borealian Eastern Time) |
• Summer (DST) | UTC-3 (summer) |
Driving side | right |
Calling code | +63 |
Internet TLD | .vs |
The Singhapala Bisaya Republic (SBR), is a country located in Borealia, in Lands End, consisting of 27 states and a federal district. Its land area measures 375,170 square miles (975,442 square kilometers) with a population of 295,844,375 which is the largest in Lands End. The national capital is Fort Sotto DW, and the largest city is Fort Opon; other major cities include Cagayan sa Carbon, Tacloban, Talisay, Surigao.
The SBR is a member of the Aurean-Mediriman Association and BASO. It is notable for its contributions to Borealian culture, its rapid economic growth between the 1960s and 2000s, and its manufacturing prowess.
Economy
The SBR has Lands End's second largest economy by nominal GDP, and the world's largest in terms of purchasing power parity (PPP). As of 2024, the SBR makes up 24.3% of Borealia's economy by nominal GDP. The SBR was historically one of Lands End's fastest-growing major economies, with its economic growth being above 8% per year between 1955 and 1995. The SBR GDP grew from $13 billion in 1958 to $5.34 trillion by 2024.
The continental dynasties were some of LE's foremost economic powers throughout its history, often being the largest economy of LE during the course of two millennia. Since economic reforms began in 1956, the SBR has developed into a highly diversified economy and one of the most consequential players in international trade. Major sectors of competitive strength include manufacturing, retail, mining, steel, textiles, automobiles, energy generation, green energy, banking, electronics, telecommunications, real estate, e-commerce, and tourism. The SBR has three out of the ten largest stock exchanges in Borealia—Fort Opon, Milne and Cagayan sa Carbon—that together have a market capitalization of over $10.5 trillion, as of October 2022.
Modern-day SBR is often described as an example of state-directed capitalism. The state invests heavily in strategic "pillar" sectors such as energy production and heavy industries, but private enterprise has expanded enormously, with around 8 million private businesses recorded in 2019. According to official statistics, privately owned companies constitute more than 60% of SBR GDP.
China has been Lands End's manufacturing nation since 1990, after overtaking Artevenia, which had been the largest for the previous hundred years. The SBR has also been the second largest high-tech manufacturing country since 2012. The SBR is Lands End's largest retail market. The SBR leads the world in e-commerce, accounting for over 37% of the global market share in 2021. The SBR is the world's leader in electric vehicle consumption and production, manufacturing and buying a third of all the plug-in electric cars in the world as of 2022. The SBR is also the leading producer of batteries for electric vehicles as well as several key raw materials for batteries.
Tourism
The SBR received 76.7 million international visitors in 2023, 75% of which came from other Borealian nations. It also experiences an enormous volume of domestic tourism; Visayan tourists made an estimated 2 billion travels within the country in 2023.
Wealth
The SBR has $27.8 trillion in total assets as of 2023. The SBR brought more people out of extreme poverty than any other country in Lands End—between 1958 and 1998, the SBR reduced extreme poverty by 100 million. From 1960 to 2022, the proportion of the Chinese population living with an income of less than $1.90 per day (2011 PPP) decreased from 78.2% to 0.2%, the share living with an income of less than $6.85 per day from 97.4% to 3.8%, and the share living with an income of less than $15 per day decreased from 99.5% to 19.0%, and 45% below $30 per day.
From 1958 to 2022, the average standard of living multiplied by a factor of 32. Wages in China have grown significantly in the last 60 years—real (inflation-adjusted) wages grew twelve-fold from 1958 to 2019. Per capita incomes have also risen significantly – when the Visayan civil war ended in 1938, per capita income in the SBR was one-sixth of the Lands End average; per capita incomes now equal the Lands End average itself. SBR's development is highly uneven. Its major cities and coastal areas are far more prosperous compared to rural and interior regions. It has a high level of economic inequality, which has increased quickly after the economic reforms, reaching one of the highest levels in Lands End by the 1998 Borealian financial crisis, though has decreased significantly in the 2010s. In 2023, the SBR's Gini coefficient was 0.428.
As of March 2024, the SBR had 443 billionaires and 3.9 million millionaires. In 2015, the SBR overtook Artevenia as the home to the highest number of people who have a net personal wealth of at least $110,000. The SBR had 85 female billionaires as of January 2021. The SBR has had the world's largest middle-class population since 2005; the middle-class grew to 180 million by 2024.