Economy of Soravia
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Currency | Soravian zolota (NZZ; ʓ) |
---|---|
Calendar year | |
Trade organisations | ITO, Samorspi, B-15 |
Statistics | |
Population | 89,142,866 (2020) |
GDP | €1.536 trillion (nominal, 2020 est.) €2.543 trillion (PPP, 2020 est.) |
GDP rank | 11th (nominal, 2020) 4th (PPP, 2020) |
GDP growth |
|
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 | 10.6% (2018) 14.9% at risk of poverty |
36.6 medium (2017) | |
0.823 very high (2020) 0.751 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 | 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 | |
Exports | €141.9 billion (2017) |
Export goods | Petroleum, natural gas, petrochemicals, metals, electronics, foodstuffs, vehicles and aircraft |
Main export partners |
|
Imports | €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) | |
Gross external debt | €218.8 billion (2019 est.) |
Public finances | |
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.