Economy of Gristol-Serkonos

Economy of Gristol-Serkonos

Finansdistriktet in Old Bernadotte, Pontiac-Bernadotte.
Currency	Gristo-Serkonan Crown (GSC, ₭)
Trade organisations	Full member Osawanon Community Common Congress Dialogue partner Foareko
Statistics
GDP	GSC 298.3 trillion USC 1.989 trillion
GDP rank	16th
GDP growth	1.5% (2024)
GDP per capita	$30,678.85
GDP per capita rank	22nd
GDP by sector	agriculture: 1.6% industry: 28.2% services: 70.2%
Gini coefficient	31.3
Human Development Index	0.912
Labour force	48.6 million
Unemployment	6.5% (September 2024)
Average gross salary	GSC 746,125.62 monthly USC 4,975 monthly
Average net salary	GSC 554,907.50 monthly USC 3,700 monthly
Main industries	List Machine tools electric power equipment automation equipment railway equipment shipbuilding aircraft motor vehicles and parts electronics and communications equipment metals chemicals coal petroleum paper and paper products food processing textiles clothing other consumer goods
External
Exports	GSC 107.6 trillion USC 717.6 billion
Export goods	motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment; chemicals, plastics, fertilizers; wood pulp, timber, crude petroleum, natural gas, electricity, aluminum
Main export partners	Belfras 70.9% Latium 6% Foareko 3.7% TBA 2.4% TBA 2.3% Other 10.1%
Imports	GSC 108.8 trillion USC 726.1 billion
Import goods	machinery and equipment, motor vehicles and parts, crude oil, chemicals, electricity, durable consumer goods
Main import partners	Belfras 49.2% Latium 13.5% Foareko 10.8% TBA 5.5% TBA 2.3% Other 18.7%
Public finances
Revenues	USC 498 billion GSC 75.45 trillion
Expenses	USC 538 billion GSC 81.5 trillion

The economy of Gristol-Serkonos is a highly developed mixed economy, with the world's 16th largest economy and a nominal GDP of USC 1.989 trillion. Gristol-Serkonos is among the trading nations in the world, with a highly globalized economy. Trade in goods and services totaled USC 717.6 billion in 2023, with imports reaching USC 726.1 billion of which 357.2 billion originated from the Belfrasian Federation. The country's economy is the two combined economies of the Constituent Kingdom of Gristol and the Constituent League of Serkonos, each operating their own rules and regulations while remaining in compliance with the federal regulations. The Griswald Stock Exchange is the xth-largest stock exchange in the world by market capitalization, listing over 1,500 companies with a combined market capitalization of over NS$2.8 trillion.

Gristol-Serkonos has a strong cooperative banking sector, with the high number of per-capita membership in credit unions. It is regarded as among the least corrupt countries in the world and a relatively low level of income disparity. Gristol-Serkonos has a highly efficient and strong social security system, with social expenditures reaching 23.1% of annual government spending.

Like other developed nations, the services sector dominates the economy, which employs 70% of the country's workforce. Gristol-Serkonos has an important primary sector, where mining and forestry are the most prominent components.

Trade agreements

Free trade agreements

Free-trade agreements in force

Agreement name	Countries/blocs involved	Year Signed	Entered into force
Gristol-Serkonos–Latium Free Trade Agreement	Gristol-Serkonos Latium	6 June 2002	6 July 2002
Lake Race Comprehensive Economic Trade Pact	Gristol-Serkonos Belfras	7 August 1998	6 September 1998
Salacian-Ozeros Comprehensive Economic Trade Pact	Gristol-Serkonos Daobac Lusoña	22 July 2013	15 August 2013

Free-trade agreements no longer in force

Agreement name	Countries/blocs involved	Signed	Entered into force	Dissolution

Ongoing free-trade negotiations

Agreement name	Countries/blocs involved

Other agreements

Agreement name	Countries/blocs involved	Purpose	Signed	Entered into force
Quick Response Code Foareko Standard	Gristol-Serkonos Foareko	Technology Standardization	18 September 2016	21 October 2016

Largest companies in Gristol-Serkonos

GSX Ticker	Company	Revenue (USC)	Industry	Employees	Headquarters
GXEN	GaxaEnergy	Example	Energy	Example	Ulstrand
MGIN	Morgenroete International	Example	Transportation, Aviation, Financial	Example	Verkun
RPHG	Redpath Engineering	Example	Automotive, Heavy Industry	Example	Tkaronto
MKAH	Marklin-Ashton Holdings	Example	Automotive, Engines	Example	Kruiningen
HTEC	Henley Technologies Corporation	Example	Defence, Information Technology	Example	Merkesvik
ADEL	Adana Electronics	Example	Electronics, Semiconductors	Example	Deseronto
GRBC	Gristol Royal Bank of Commerce	Example	Banking	Example	Griswald
SKFE	SKF Energy	Example	Energy	Example	Donnaconna
TORC	Torus Communications	Example	Mass Media, Telecommunications	Example	Pontiac-Bernadotte
UNBT	Union Bank of Tkaronto	Example	Banking	Example	Tkaronto