Economy of the Blackhelm Confederacy

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Economy of The Blackhelm Confederacy
Paradise City.jpg
The Paradise City financial district, the financial center of the Blackhelm Confederacy
Currency1 Confederate Credit(1) = 1 NSD
Calendar year
Trade organisations
E10 Council of Nations
Statistics
GDP$31.573 trillion (nominal; 2016)
GDP growth
Increase 0.4% for 2016
UnemploymentDecrease7%
Average gross salary
$1,312.50 monthly (2015)
$15,750 (2015)
Main industries
Tbd
External
Exportstbd
Export goods
tbd
Public finances
AA (Domestic)
AA (Foreign)
AAA (W&A Assessment)

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

The Blackhelm Confederacy has a diversified economy which relies heavily upon the mining, agricultural, and oil sectors. The service industry has steadily been growing over the past couple of decades, as wealthier Astyrian nations look to take advantage of the vast English-speaking population present in Confederate cities, but the majority of Confederate citizens remain employed in the traditional labor fields.

Oil & Gas

As one of the largest exporters of oil and natural gas in the world, the Confederacy derives significant wealth from these resources. This sector is pivotal, supporting various downstream industries, including petrochemicals and energy-intensive manufacturing.

Griffincrest Oil Incorporated holds by far the largest percentage of the Confederate oil market, maintaining rigs, pipelines, and railways across the country, as well as numerous offshore rigs as well.

Mining

Mining is another critical sector, with the Confederacy rich in minerals such as bauxite, iron ore, and precious metals. These resources are crucial for both domestic use and export. Griffincrest Oil Incorporated is also a major player in the mining sector, although several other corporations also hold stake in this area as well.

Agriculture

Agriculture is a cornerstone of the Blackhelm Confederacy's economy, contributing significantly to GDP and employment.

Cocoa

One of the leading export commodities, thriving in the tropical climate.

Coffee

High-quality beans are cultivated for both domestic consumption and export.

Rubber

Extensive rubber plantations support the manufacturing sector.

Tobacco

A key cash crop, with significant export value

Fruits and Vegetables

Diverse production includes bananas, plantains, and various vegetables, supporting both local markets and exports. Blackhelm Confederate wine is also a major export, as is charvonia, both of which are made of grapes.

Internally, the cultivation of algae is also important, and algae is widely used as a food crop in many areas of the nation.

Manufacturing

Manufacturing has traditionally been a cornerstone of the Blackhelm Confederacy, with numerous automotive companies and others contributing to the Blackhelm Confederate economy.

Services

The service industry has steadily grown since the creation of the Blackhelm Confederacy, and the call center industry in the Blackhelm Confederacy is one of the largest in Astyria.

Demographics

Category Percentage Population Details
**Non-Taxable Population**
Unemployed 7% 286,580,000
Too Old to Work 7% 286,580,000
Too Young to Work 15% 245,640,000
Non-Taxable Total 29% 818,800,000
**Taxable Population**
Taxable Population Total 71% 2,000,000,000
Income Under $5,000 40% 800,000,000
Income Between $5,000 and $29,999 15% 300,000,000
Income Between $30,000 and $49,999 20% 400,000,000
Income Between $50,000 and $99,999 12% 240,000,000
Income Between $100,000 and $999,999 11.790% 235,800,000
Income Over $1,000,000 0.209% 4,180,000
Total Taxable Revenue - $7.23 trillion