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{{Infobox economy | |||
| country = Vallejar | |||
The | | image = Vallejar economic center, Lorca.jpg | ||
| image_size = 300px | |||
| caption = [[Lorca]], the {{wp|Financial centre|financial capital}} of Vallejar | |||
| currency = [[Peseta]] (VPT, $) | |||
| year = {{wp|Calendar year}} | |||
| organs = | |||
| group = {{plainlist| | |||
*{{wp|Developing country|Developing}} | |||
*{{wp|Newly industrialized country|upper-middle income economy}}}} | |||
| gdp = {{increase}} $1,184,891,274,207.81 (nominal, 2033 est.) | |||
| gdp rank = | |||
| growth = 1.3% (2027) | |||
| per capita = {{increase}} $34,281.29 (nominal, 2033 est.) | |||
| per capita rank = | |||
| sectors = *{{wp|Primary sector of the economy|agriculture}}: 12.2% | |||
*{{wp|Secondary sector of the economy|industry}}: 52.5% | |||
*{{wp|Tertiary sector of the economy|services}}: 35.3% | |||
| components = | |||
| inflation = 1.9% (2033) | |||
| bankrate = | |||
| poverty = {{decreasePositive}} 0.7% (2033) | |||
| gini = {{decreasePositive}} 33.3 {{color|darkorange|medium}} | |||
| hdi = 0.812 | |||
| labor = | |||
| occupations = | |||
| unemployment = 2.8% | |||
| average gross salary = $27,982 (2033) | |||
| gross median = | |||
| average net salary = $22,385.60 (2033) | |||
| net median = | |||
| industries = {{hlist|{{wp|Defense industry|Defense}}|{{wp|Healthcare industry|healthcare}}|{{wp|consumer goods}}|{{wp|electronics}}|{{wp|food processing}}|{{wp|information technology}}|{{wp|telecommunications}}|{{wp|textiles}}}} | |||
| edbr = {{increase}} {{wp|Ease of doing business index#Ranking|Easy (2033)}} | |||
| exports = {{hlist|{{wp|Beverages}}|{{wp|Military equipment}}|{{wp|consumer goods}}|{{wp|food processing}}}} | |||
| export-goods = | |||
| export-partners = {{ublist|{{flag|Almadaria}}|{{flag|Pelaxia}}|{{flag|Puertego}}|{{flag|Rumahoki}}|{{flag|Takatta Loa}}| (2033)}} | |||
| imports = | |||
| import-goods = | |||
| import-partners = | |||
| FDI = | |||
| current account = | |||
| gross external debt = $24.63 billion (31 December 2033 est.) | |||
| NIIP = | |||
| debt = {{decreasePositive}} 2.1% of GDP (FY 2033) | |||
| balance = $605 billion (FY 2033) | |||
| revenue = $5.63 billion | |||
| expenses = $599.37 billion | |||
| aid = | |||
| credit = |reserves | |||
}} | |||
The '''economy of Vallejar''', characterized by its dependence and development in the military, medical, and technological sectors, is an {{wp|Newly industrialized country|upper-middle income}} {{wp|Developing country|developing}} {{wp|mixed economy}}. The economic domain is subject to rigorous and effective examination by both governmental bodies and independent domestic and international organizations. This scrutiny is particularly pronounced in the Vallos region, where Vallejar possesses a notable market presence amongst its various neighbors. The economy is noted for stable industrial relations, as well as its fairly low unemployment and inflation rates, especially relative to the proximal nations of Vallos and southern Sarpedon. | |||
Vallejar's | Vallejar's economic framework is organized into distinct sectors, reflecting a deliberate focus on diversification as a strategic imperative. This intentional diversification is recognized for its role in enhancing the resilience of the economy, enabling it to withstand various economic challenges encountered on a global scale. | ||
The significance attributed to the economic domain in Vallejar is intricately linked with the historical implication of enduring scarcity and adversity over numerous centuries, notably stemming from past conflicts and attempts at subjugation by external forces, especially those of [[Pelaxia]]. This protracted period of historical challenges has instilled sentiments of resentment within the populace, coupled with the development of an ethical ethos. This collective sentiment has been codified in the Vallejarian constitution post-[[Vallejarian War of Independence|independence]], emphasizing the constitutional principle that national sovereignty, inclusive of economic sovereignty, is vested in the citizenry of Vallejar. | |||
== Economic History == | == Economic History == | ||
The economy of Vallejar, like all economies throughout history, has undergone changes in production quantity, produced goods, sectors, among other things. These changes are attributed to the conflicts faced by the nation, the shift in ideologies over time, and, above all, technological advancements. | The economy of Vallejar, like all economies throughout history, has undergone changes in production quantity, produced goods, sectors, among other things. These changes are attributed to the conflicts faced by the nation, the shift in ideologies over time, and, above all, technological advancements. | ||
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== Economic Sectors == | == Economic Sectors == | ||
Vallejar's economic sectors are diverse, distinct, and economically broad, contributing to a well-diversified | Vallejar's economic sectors are diverse, distinct, and economically broad, contributing to a well-diversified economy. These sectors are managed and maintained according to their own contexts and hierarchical characteristics. In some cases, the state may acquire ownership stakes in companies and even be part of their management teams. There are also instances where companies in a particular sector are wholly publicly owned and explicitly serve the needs of the people and/or the government. Each sector is composed of [[List of Vallejarian companies|organizations, businesses, or productive associations]], representing the most basic unit of the economy. | ||
=== Agriculture, Livestock, and Food Production and Distribution === | === Agriculture, Livestock, and Food Production and Distribution === | ||
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This sector contributes 6% of the state budget annually. | This sector contributes 6% of the state budget annually. | ||
=== Military-Industrial Sector === | === [[Military-Industrial Sector of Vallejar|Military-Industrial Sector]] === | ||
[[File:Primary fighter of the Vallejar army, VAAL 2.jpg|thumb|Primary fighter of the Vallejar army, VAAL 2]] | |||
The military industry is a sector with a millennia-old tradition in Vallejar, standing as one of the strategically and economically most important sectors in the state. This sector plays a crucial role in national security, advanced technology, and the economic development of the region. | The military industry is a sector with a millennia-old tradition in Vallejar, standing as one of the strategically and economically most important sectors in the state. This sector plays a crucial role in national security, advanced technology, and the economic development of the region. | ||
The history of the military industry in Vallejar is intertwined with the very evolution of society. Since ancient times, the ability to forge weapons and develop military strategies has been an integral part of the region's identity. Techniques and knowledge passed down through generations have contributed to Vallejar's reputation as a center of excellence in the military field, recognized by armed forces worldwide. | The history of the military industry in Vallejar is intertwined with the very evolution of society. Since ancient times, the ability to forge weapons and develop military strategies has been an integral part of the region's identity. Techniques and knowledge passed down through generations have contributed to Vallejar's reputation as a center of excellence in the military field, recognized by armed forces worldwide. | ||
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The military sector extends its influence to education through various military schools, with its scholarship system, aiming to instruct and specialize the youth in both traditional military roles and everything related to the composition of the military, including mechanics, maintenance, and production of various devices necessary for the proper functioning of all aspects intertwined with military life. | The military sector extends its influence to education through various military schools, with its scholarship system, aiming to instruct and specialize the youth in both traditional military roles and everything related to the composition of the military, including mechanics, maintenance, and production of various devices necessary for the proper functioning of all aspects intertwined with military life. | ||
It is also noteworthy to highlight the various military fabrications in the sector, such as: 3 classes of frigates, 2 classes of aircraft carriers, 7 types of rifles, 4 types of tanks, 3 types of infantry fighting vehicles, 5 types of armored personnel carriers, 3 types of pistols and handguns, advanced missile defense systems, | It is also noteworthy to highlight the various military fabrications in the sector, such as: 3 classes of frigates, 2 classes of aircraft carriers, 7 types of rifles, machine guns and long guns, 2 portable missile launchers, 4 types of tanks, 3 types of infantry fighting vehicles, 5 types of armored personnel carriers, 3 types of pistols and handguns, advanced missile defense systems, 4 types of howitzers (2 towed and 2 self-propelled), 5 types of tactical and combat helicopters, 5 types of fighter jets, 4 troop and military material transport planes, 2 types of automatic anti-aircraft defense systems, 6 types of reconnaissance and attack drones, 2 types of submarines, 3 types of maritime control boats, 2 type of tanker aircraft, 3 types of firefighting aircraft, and 2 types of helicopters and 2 bombers, among others, in addition to their own training versions. All products are national or produced together with allies. | ||
This sector contributes 12% of the state budget annually, but this percentage varies depending on orders and sales. | This sector contributes 12% of the state budget annually, but this percentage varies depending on orders and sales. | ||
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As healthcare has become a basic right recognized by the majority of the world, the medical industry emerging in Vallejar has been able to grow continuously due to population growth and aging, as well as the need of neighboring states to obtain this essential equipment. | As healthcare has become a basic right recognized by the majority of the world, the medical industry emerging in Vallejar has been able to grow continuously due to population growth and aging, as well as the need of neighboring states to obtain this essential equipment. | ||
This sector contributes | This sector contributes 11% of the annual state budget. | ||
=== Aerospace Industry, Aircraft Development, and Production === | === Aerospace Industry, Aircraft Development, and Production === | ||
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In response to environmental concerns, the aerospace industry in Vallejar is focused on developing more efficient and sustainable aircraft. From cleaner propulsion technologies to the exploration of alternative fuels, the sector seeks to minimize its environmental impact and contribute to global sustainability. | In response to environmental concerns, the aerospace industry in Vallejar is focused on developing more efficient and sustainable aircraft. From cleaner propulsion technologies to the exploration of alternative fuels, the sector seeks to minimize its environmental impact and contribute to global sustainability. | ||
These companies are not highly profitable, as they contribute only 4,3% of the state budget during the year in relation to the investment allocated to them. | These companies are not highly profitable, as they contribute only 4,3% of the state budget during the year in relation to the investment allocated to them, in addition, a certain special amount of the budget is allocated to the [[Vallejarian Space Agency (VSA)|Vallejarian space agency]], which is in charge of national space missions and the entire public space sphere for the benefit of the nation. | ||
=== Private Companies of Goods and Services === | === Private Companies of Goods and Services === | ||
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This broad spectrum of private companies not only enriches the offering of goods and services but also plays a decisive role in the economic dynamics of the state of Vallejar. Their significant contribution to the annual budget reflects their comprehensive impact on society and the local economy. | This broad spectrum of private companies not only enriches the offering of goods and services but also plays a decisive role in the economic dynamics of the state of Vallejar. Their significant contribution to the annual budget reflects their comprehensive impact on society and the local economy. | ||
== | == See also == | ||
[[ | - [[Goverment of Vallejar|'''Goverment of Vallejar''']] | ||
Vallejar' | |||
- [[Vallejar's tax sistem|'''Vallejar's tax sistem''']] | |||
- '''[[Vallejar]]''' | |||
- [[Vallejarian Christianity|'''Vallejarian christianity''']] | |||
- [[List of Vallejarian companies|'''List of Vallejarian companies''']] | |||
[[Category:Vallejar]] | |||
[[Category:Economy]] |
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