Economy of Alstin

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The Economy of the United Republic of Alstin is a highly-developed mixed economy with state ownership in certain areas/industries. As of 2036, Alstin boasts a GDP of over $11 trillion, making it the second largest national economy in Crona behind Tierrador, and the 7th-largest in the world. The United Republic also has the world's third-largest GDP per capita, at just under $66,000. Since the 1992 Recession, the U.R. has seen consistent economic and total GDP growth after the 1992 Recession, which, combined with significant economic growth thoughout South Crona, reinforced Alstin's status as a global economic power as the 21st century dawned. The United Republic is a founding member of various trade organizations, such as the WTO, CSTU and SCFTA.

Economy of Alstin
CurrencyUnited Republic Dollar ($)
Occidental Calendar
Trade organisations
WTO
CSTU
SCFTA
Country group
Developed/Advanced
High-income economy
Welfare state
Statistics
Population166,905,948
GDPIncrease $11,003 trillion
GDP rank7th
GDP growth
1.69% (2037)
GDP per capita
Increase $65,921.19
GDP per capita rank
3nd
GDP by sector
Agriculture: 1.5%
Manufacturing: 26.9%
Services: 71.6%
GDP by component
  • Household consumption: 55.6%
  • Government consumption: 21.6%
  • Investment in fixed capital: 26.0%
  • Investment in inventories: 0.6%
  • Exports of goods and services: 22.5%
  • Imports of goods and services: −13.1%
Template:DecreaseNeutral 1.7% (2037)
Population below poverty line
Positive decrease 4.9% (2037)
Positive decrease 29.4 very high
Steady 0.964 very high
Labour force
118,369,246
75.4% employment rate (2036)
UnemploymentNegative increase 2.68%
Average gross salary
$5,493.43 monthly
Main industries
List
  • High-technology
  • Information Technology
  • logistics
  • Artificial Intelligence
  • agriculture
  • telecommunications
  • Space Technology
  • aerospace
  • electronics
  • robotics
  • biotechnology
  • metals
  • quantum computing
  • petroleum & natural gas
  • Mineral Extraction
  • chemicals
  • textiles
  • food products
  • consumer goods
  • motor vehicles and parts
  • lumber
  • retail
  • financial services
  • defense
  • renewable energy
  • steel
  • Pharmaceuticals
  • Healthcare
Increase Very easy (2036)
External
Exports$1,317,409,606,891 (11.97% of GDP)
Export goods
Manufactured goods: 76%
Fuels/mining products: 15%
Agricultural products: 9%
Main export partners
Imports$1,024,343,716,382 (9.31% of GDP)
Import goods
Manufactured goods: 72%
Fuels/mining products: 13%
Agricultural products: 15%
Main import partners
FDI stock
Inward: Increase $849 billion
Outward: Increase $728 billion
$394.06 billion
$2.14 trillion
Public finances
19.4% of GDP
Revenues$1.740 trillion
Expenses$1.875 trillion
Economic aiddonor: ODA, $10.4 billion
Songun Credit Group: AAA
Outlook: Stable
Western Mutual: AAA (domestic)
AAA (foreign)
Outlook: Stable
Foreign reserves
$285 billion

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

The United Republic has one of the most globalized economies; One fueled by high productivity, well developed transportation infrastructure, and bountiful natural resources. Information technology is currently the nation's largest industry, followed by tourism, arms manufacturing, and book publishing. Mining and mineral extraction, oil and natural gas extraction, agriculture, banking and financial services, and other facets of the manufacturing sector are other important drivers of the Alstinian economy. Alstin is one of the world's largest exporter of goods, with an approximate trade surplus of $293.07 billion. Its largest trading partners are the Levantine Union, Tierrador, Cartadania, Daxia, Arcerion, Paulastra, The Cape, Kiravia, Pelaxia, and Caphiria. It has free trade agreements with several countries, including Tierrador and Arcerion (through the SCFTA), Kiravia, Pelaxia, Ogonkai, and several others that are in effect or under negotiation.

Alstin is home to numerous financial centers and economically-vital cities, such as Alstin City, Riverton, Deralveca City, Wheatley, Pressley, Dalton, Dawsbury, Gastineau, Washkau, Lakeshore, and Sedem Regni, among others. The country's principal securities exchange is the Alstin Stock Exchange, which is the largest stock exchange in Crona by market capitalization and trade volume; Other major exchanges include the Deralveca Stock Exchange, the Dawsbury Stock Exchange, and the Sedem Regni Stock Exchange. The U.R. is also home several major companies, such as the Emerson, Tyson Electronics, Riverton Bank, Talos Corporation, Stelline Robotics, Python, ABS, CEC, AT&C, FMC and Harris-LeMay.

Overview

Budget

Sectors

Primary

Agriculture

Main Article: Agriculture in Alstin

Mineral and petroleum extraction

Energy

Main Article: Energy in Alstin

Manufacturing

Services

Finance

Logistics

Main Article: Transportation in Alstin

Tourism

Housing

Foreign investment

Trade

Domestic

International