Economy of Anagonia
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Currency | Confederate DENAR (D$) |
---|---|
Calendar year | |
Trade organisations | UCC |
Statistics | |
Population | 450,522,407 |
GDP | D$28,424,257,741,025 (nominal) |
GDP growth |
|
GDP per capita | D$78,246.01 |
GDP by sector | agriculture: 3.6% industry: 33.1% services: 63.3% (2018 est.) |
2.7% 2.9% (2019) 2.9% | |
Population below poverty line | 2.6% 5.7% at risk of poverty |
0.43 medium | |
0.927 very high (2020) 0.927 high IHDI (2018) | |
Labour force | 45,714,881 (2019) (73.9% employment rate; 2019) |
Labour force by occupation | agriculture: 7.0% industry: 41.6%% services: 51.4% (2017) |
Unemployment | |
Main industries | |
External | |
Exports | |
Main export partners |
|
Imports | €103.2 billion (2017) |
Main import partners |
|
Gross external debt | |
Public finances | |
Revenues | ) |
FitzAllen & Kings: BB+ (domestic) BB- (foreign) Outlook: Stable |
The Confederate States boast a robust market-oriented economy, characterized by minimal government intervention and a strong emphasis on private enterprise. State governments play a limited role in economic affairs, primarily procuring necessary supplies from the private marketplace. The nation's economic landscape is dominated by key industries, notably the Arms Manufacturing and Aerospace sectors, alongside the Ship Manufacturing and Mining industries.
The Arms Manufacturing Industry enjoys significant autonomy within the market, as does the emerging Aerospace Industry, which leads in cutting-edge aerospace technology. Mining, particularly of metals and precious gemstones, forms a cornerstone of state economies, supported by the Agricultural Industry, which provides essential food and agricultural products. The private sector thrives with the support of a fair and regulated stock market, ensuring equitable opportunities for individuals and small businesses alongside major corporations.
The economy operates on the Confederate DENAR (D$), with an exchange rate of D$1.00 = NS$1.6972. Tax rates are relatively high at 70.2%, with a low inflation rate of 0.90%. The GDP stands at D$29.1 trillion (official exchange rate), with a real growth rate of +5.2%. Per capita GDP is D$78,246.01, with the service sector dominating GDP composition at 70.4%, followed by industry at 25.4%, and agriculture at 4.2%.
Despite a manageable national debt of 10% of GDP, waste management remains a significant concern, costing D$600 million annually. The labor force is estimated at 315.7 million individuals, spanning various occupations such as manufacturing, technical services, sales, and agriculture, with a low unemployment rate of 3.29%.
The economy's key products include agricultural goods, oil and gas products, military equipment, and mining resources. Diverse industries drive economic growth, including technology, telecommunications, consumer goods, and shipbuilding, supported by a highly efficient domestic oil and gas sector.
Overall, the Confederate States' economy embodies a dynamic mix of traditional industries and technological innovation, driven by private enterprise and market forces, fostering economic prosperity and resilience in a rapidly evolving global landscape.