Economy of Cartadania

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Economy of Cartadania
Calaine, the financial capital of Cartadania
CurrencyEscudo (CAE, €)
Calendar year
Trade organisations
CESTA, E5, UNESARP, WTO, and others
Country group
Statistics
GDPIncrease $28,527,149,514,563.40 (nominal, 2030 est.)
GDP rank
GDP growth
1.3% (2027)
GDP per capita
Increase $75,438.60 (nominal, 2030 est.)
GDP per capita rank
1st (nominal, 2030)
GDP by sector
  • 0.7% (2030)
  • 1.9% (2031)
  • -0.4% (2032)
Population below poverty line
Positive decrease 5.5% at risk of poverty or social exclusion (2030)
Positive decrease 36.4 medium
0.985
Labour force
  • Decrease 245.6 million (July 2032)
  • Steady 81.3% employment rate (July 2032)
Labour force by occupation
Unemployment3.2%
Average gross salary
€7,009 monthly (2032)
€3,235 monthly (2032)
Main industries
Increase Very easy (2030)
External
Main export partners
Main import partners
FDI stock
  • Increase $3.319 trillion (31 December 2027 est.)
  • Increase Abroad: $4.126 trillion (31 December 2027 est.)
$282 billion (2028 est.)
$13.3 trillion (31 December 2027 est.)
Public finances
Positive decrease 48.6% of GDP (FY 2027)
Economic aiddonor: ODA, $45.12 billion (2027)
  • Scope:
  • AAA
  • Outlook: Stable
Foreign reserves
$426.5 billion

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

The economy of Cartadania is a highly developed mixed economy with state-ownership in strategic areas. It has the second-largest national economy in Sarpedon, the fourth-largest by nominal GDP in the world, as well as the fourth-largest by purchasing power parity. Prior to disolution of the union, the country accounted for 77% of the Escudo and UNESARP area economy, giving it the largest proportionate economic responsibility of any country currently in a real union. Following the dissolution of UNESARP, Cartadania and Pelaxia have maintained provisions for freedom of travel and free trade between their nations. Continued cooperation in these areas has reduced the impact of Cartadania's departure on the movement of goods, services, and people, preserving economic and social ties despite the dissolution of the formal union. However, both countries have reverted to their respective currencies—the Escudo and the Salia, respectively—allowing each to pursue independent monetary policies while sustaining bilateral economic relations. Though historically quite sensitive to global business cycles, the economy of Cartadania has shown robust growth since the start of the industrial era. The country has a very high standard of living compared with other Sarpedonian countries, and a strongly integrated welfare system.

Cartadania is one of the most technologically powerful and innovative economies in the world. Its firms are at or near the forefront in technological advances, especially in artificial intelligence, computers, pharmaceuticals, and medical, aerospace, and military equipment. The largest Cartadanian trading partners are Bulkh, the Levantine Union, Caphiria, Ceylonia, Kiravia, Pelaxia (via UNESARP), Umardwal, and Volonia. The economy of Cartadania is the second-largest manufacturing economy in Sarpedon, and it is less likely to be affected by a financial downturn. The country conducts applied research with practical industrial value and sees itself as a bridge between the latest university insights and industry-specific product and process improvements. It generates a great deal of knowledge in its own laboratories.

History

Industrial revolution

Social democratic reforms

Post-industrialism

Data

Economic structure

Sustained growth

Sectors

Agriculture

Industry

Services

Government finances

Infrastructure

Energy

Transportation

Public policy

Taxation

Occupational and income structure

See also