Economy of Soravia

Economy of Soravia
Widok z okna (3737728589).jpg
Samistopol's business centre, Soravia's capital and one of several economic hubs across the country.
CurrencySoravian zolota (NZZ; ʓ)
Calendar year
Trade organisations
ITO, Samorspi, B-15
Statistics
PopulationIncrease 89,142,866 (2020)
GDPIncrease €1.536 trillion (nominal, 2020 est.)
Increase €2.543 trillion (PPP, 2020 est.)
GDP rank11th (nominal, 2020)
4th (PPP, 2020)
GDP growth
  • 2.3% (2018) 2.1% (2019)
  • 3.0% (2020f) 3.7% (2021f)
GDP per capita
€17,229 (nominal, 2020 est.)
€28,531 (PPP, 2020 est.)
GDP per capita rank
14th (nominal, 2020)
10th (PPP, 2020)
GDP by sector
agriculture: 3.6%
industry: 33.1%
services: 63.3%
(2018 est.)
2.7% (2020 est.)
2.9% (2019)
2.9% (2018)
Population below poverty line
Decrease 10.6% (2018)
Steady 14.9% at risk of poverty
Increase 36.6 medium (2017)
Increase 0.823 very high (2020)
Increase 0.751 high IHDI (2018)
Labour force
Increase 45,714,881 (2019)
(73.9% employment rate; 2019)
Labour force by occupation
agriculture: 7.0%
industry: 41.6%%
services: 51.4%
(2017)
UnemploymentIncrease 4.7% (2018)
Average gross salary
ʓ3,730 / €1,017 / $1,210 monthly
(2018 est.)
ʓ3,524 / €961 / $1,144 monthly
(2018 est.)
Main industries
External
ExportsIncrease €141.9 billion (2017)
Export goods
Petroleum, natural gas, petrochemicals, metals, electronics, foodstuffs, vehicles and aircraft
Main export partners
ImportsIncrease €103.2 billion (2017)
Import goods
Machinery, plastic, agriculture produce (mainly meat and livestock), pharmaceuticals, medicine, iron, metal alloys
Main import partners
FDI stock
€212.4 billion (2017 est.)
€30.7 billion (2018)
Increase €218.8 billion (2019 est.)
Public finances
Decrease 38.6% of GDP (2019)
-0.2% of GDP (2020)
Revenues€106.5 billion (2017 est.)
Expenses€112.9 billion (2017 est.)
FitzAllen & Kings:
BB+ (domestic)
BB- (foreign)
Outlook: Stable
Foreign reserves
€319.0 billion (2018 est.)

The economy of Soravia is a high-income developed or advanced economy. It is the eleventh-largest world economy by nominal GDP, and the fourth largest by Purchasing Power Parity.