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File:Early bank Arcerion chester.jpg and Economy of Arcerion: Difference between pages
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[[Arcerion]] is a highly developed country, with a mixed economy. As of 2026, Arcerion was one of the largest national economies in [[Crona]], consistently ranking in the top 10 by nominal GDP, as well as GDP per capita. It ranks high for the export of goods as well as the import of goods. It has one of the highest rates of uninterrupted GDP growth in the developed world as of the 21st century. It has seen a consistent increase over time, and as of the mid-2020s it had a GDP of £5.411 trillion. | |||
The Arcer economy is predominantly dominated by two sectors - agriculture and natural resource extraction (this includes mining). As a combined total, agriculture, mining, petroleum, natural gas, and related industries and sub-economies made up 78% of the Arcer GDP and employed over two-thirds of the work force. There has been a prolonged mining boom in Arcer throughout the 2000s and into 2010s, and this has helped drive growth in Arcerion from the resource rich mines in the [[Aileach Mountains|Aileach]] and [[Northumbraeland Mountains]]. There has been declines recently in both mining and agriculture, the former due to the [[Final War of the Deluge]], as [[Varshan]] had been a major purchaser of Arcer Steel, and due to the rising number of wildfires in the [[Arcer Heartland]] destroying arable farmland. Despite these declines, Arcerion has continued to maintain strong economic growth throughout the 21st century. | |||
The [[Kinnaird Stock Exchange]] in [[Kinnaird]], Arcerion is one of the largest stock exchanges in the world, with one of the largest interest rate derivative markets in Crona. Some of Arcerion's largest companies include the [[Arcerion Oil and Gas Company]], [[Aeroco]], [[MacDonnell Thommen Dynamics]], and [[Arcerion Steel Corporation]]. The currency of Arcerion, and the unofficial currency of many nations in the [[Malentine Sea|Malentine Basin]], is the [[Arcer Pound]]. | |||
Arcerion's economy is strongly intertwined with other South Cronan nations such as [[Istrenya]], [[Kelekona]], [[Titechaxha]], [[Malentina]], and [[Washakara]]. Arcerion's largest mainland Cronan trading partner is [[Paulastra]], closely followed by the [[Alstin|United Republic of Alstin]]. Arcerion is part of a number of significant trade deals and international trade agreements, notably with the [[Stenza|Republic of Stenza]] and Arcerion's most historically important trading partner, the [[Burgundie|The Grand Thalattocratic Republican Principality of Burgundie and her Commonwealth]]. As part of the [[Cronan Security and Trade Union]] (CSTU), which itself was born out of the failed attempt to form a South Cronan Congress, Arcerion has favourable trade agreements and limited free trade with Alstin and Paulastra. Plans exist for a revised and updated version of the CSTU, which may include other Cronan partners such as [[Ceylonia]] and [[Tierrador]]. | |||
[[Category: Arcerion]] | |||
[[Category: Economy]] | |||