Economy of Vallejar: Difference between revisions

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In [[Vallejar]], everything related to the economic sphere is consistently studied and analyzed meticulously and effectively, both by the government and by independent national and international organizations, especially in the [[Vallos|Vallos region]], where Vallejar maintains a significant market presence.  
{{Infobox economy
[[File:Vallejar economic center, Lorca.jpg|thumb|Vallejar economic center, Lorca]]
| country = Vallejar
The reason why the economic sphere in Vallejar holds such importance is intertwined with the country's history, which has endured scarcity and hardship for many centuries, primarily due to wars and foreign powers attempting to subjugate the region centuries ago. This created both resentment and an ethical value in the population, leading to the ratification in the Vallejarian constitution after [[Vallerjarian War of Independence|independence]] that national sovereignty, and therefore economic sovereignty, rests with the Vallejarian citizens.
| 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 economy is segmented or divided into various economic sectors, as the diversification of the economy is a strong point, greatly aiding in resisting different economic crises faced by the global economy.
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 and well-planned 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 [[Vallejar Companies|organizations, businesses, or productive associations]], representing the most basic unit of the economy.
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.
[[File:Vallejar Army's main fighter, VAAL-2.jpg|thumb|Vallejar Army's main fighter, VAAL-2]]
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, 3 types of howitzers, and 4 types of artillery (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 air support planes for artillery, 2 types of automatic anti-aircraft defense systems, 6 types of reconnaissance and attack drones, 2 types of submarines, 5 types of maritime control boats, 1 type of tanker aircraft, 3 types of firefighting aircraft, and 2 types of helicopters, along with 4 types of paratrooper planes, in addition to their own training versions. All products are national.  
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 11c% of the annual state budget.
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.


== State tax and financing system ==
== See also ==
[[File:Percentage of contribution to the economy in Vallejar.png|thumb|Percentage of contribution to the economy in Vallejar]]
- [[Goverment of Vallejar|'''Goverment of Vallejar''']]
Vallejar's tax system is the means by which the state, along with all that concerns it, is funded. This system is based on the economic and social legislation presented by the [[First Constitution of Vallejar|constitution]]. It entails that 20% of all money produced within the national territory must go to the state, without distinction for any company, individual, or entity. This system is known as the "[[Tax sistem of Golden Fifth|Golden Fifth]]".


There are no other taxes imposed on anything or anyone, making Vallejar a conducive environment for the creation of businesses and foreign investments. The continuous growth facilitated by the low tax burden makes Vallejar an attractive location, contributing to increased production and, consequently, tax revenue each year. This, in turn, aids in maintaining funding and enhancing public sectors with the economic resources received.
- [[Vallejar's tax sistem|'''Vallejar's tax sistem''']]


The way the state generates actual benefits is through foreign trade, public enterprises, foreign investments, and by providing money to other states or entities with interest rates.
- '''[[Vallejar]]'''


It is worth mentioning that due to the fact that the Vallejar population produces nearly everything it consumes, trade with other states is beneficial. This is attributed to the quality and quantity of nationally produced goods, resulting in a surplus for export purposes.
- [[Vallejarian Christianity|'''Vallejarian christianity''']]


The amount of money generated by internal trade and the labor market, with an unemployment rate of 2.3%, is approximately 710 billion, representing around 63.53% of the GDP. Tax revenue is estimated to be approximately 142 billion, accounting for 12.11% of the GDP. The remainder of the GDP is based on market operations conducted by the government, contributing 463 billion, which is approximately 39.47% of the GDP. This results in a total of 605 billion available for the state to invest and finance public sectors, constituting approximately 51.58% of the GDP.
- [[List of Vallejarian companies|'''List of Vallejarian companies''']]
 
[[Category:Vallejar]]
== State expenses ==
[[Category:Economy]]
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