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 Nolis encompasses an island of many neighbourhoods and communities, each with their own distinct identities and history. Although long since amalgamated into one of four districts, many Nolisians still identify with their communities, and their names continue to be used. Notable neighbourhoods include the colonial-era city centre of Queenstown, Little Punth, and the high-rise new towns of York.
-== Economy ==
-Composition of GDP by sector:
- Primary sector (1.1%)
- Secondary sector (9.5%)
- Tertiary sector (89.4%)
-A capitalist, primarily service-based economy, based on extensive entrepôt trade, Nolis is an established global logistical and financial centre. It is known to be the world’s freest, easiest to do business in, most competitive and most innovative economy worldwide, characterized by low corporate taxation and minimal government intervention. Although it has consistently ranked high in economic freedoms, the nation also has a high level of income disparity.
-From 1972 to 2005, the Nolis economy grew by an average of over 7% annually. Today, it is highly developed and is the world’s 28th largest economy, with a GDP of $403 billion. It attracts a large amount of foreign investment, as well as indirect influence, as a result of its location, economic freedoms, low taxation, and global trade connections. Nolis is party to a variety of free-trade agreements, and has one of the world’s largest foreign exchange reserves. It is a part of the Istroyan Single Market, as well as the Sarpedonian Economic Community.
-The tertiary sector comprises a major proportion of the nation’s economy, with banking, finance and shipping as its primary components. It is the 7th largest trading entity measured by imports and exports, trading an amount of goods worth more than its total GDP. The nation’s Admiralty Stock Exchange is among the largest in the world by market capitalization, at $5.9 trillion as of Q1 of 2037. Its major banks, Dominion Bank, Chartered Bank and Standard Bank, are among the largest in the world, and have been ranked as the 3rd, 4th, and 6th most stable and strongest banks respectively. Nolis also maintains a small secondary sector; focused on the manufacturing of electronics and the refining of oil.
-The nation’s currency, the Nolis dollar, is pegged at a ratio of 5.1 to 1 with the Caphirian Aureus. Notes are issued by one of three banks, Chartered Bank, Dominion Bank, and Standard Bank, each of which has to deposit an equivalent sum in Aureus’ with the central bank when issuing currency. This ensures that the dollar is backed by one of the largest foreign reserves in the world, guaranteeing a stable exchange rate.
-<br />A view of the cityscape and anchored ships from the northern shore of the Aberdeen Strait.
-=== <span id="Income,_poverty_and_wealth"></span>Income, poverty and wealth ===
-Although with the 4th highest GDP per capita, Nolis continues to have one of the world’s lowest rates of income mobility and the highest rates of wealth inequality, with a Gini coefficient of 48.2. With the exception of healthcare services, a majority of the nation’s welfare programs have gone underfunded in recent years, exacerbating these issues.
-According to the national census, after years of growth, median household income has reached an all-time high, although income inequality has as well. Wealth remains tightly concentrated; with just 10% of the population possessing over 80% of the nation’s household wealth. As maintained by the Central Bank, the top 1% of income earners continue to control 41.2% of the nation’s wealth, with the number growing as Nolis continues to develop as a tax haven.
-==== Housing ====
-<br />A public housing complex in Little Punth.
-With high amounts of investment into Nolisian property, real estate values have risen sharply since 2000. Exacerbated by limits of land area and the limited number of public housing units available, the city-state today has a remarkably low rate of home ownership. Over 67% of the nation’s housing stock comprises private permanent housing, with only 10% and 23% being subsidized or public housing, respectively. As private housing is primarily purchased as an investment by higher income groups, housing for the average Nolisian accounts for over 41% of household expenditure. This has led rise to the term sandwich class, referring to a middle-class income group which does not qualify for public assistance, yet is not able to afford private residences.
-According to the office of the Auditor-General, this can be primarily traced back to the government’s lack of recent interference in the economy. During a wave of immigration in the 1960s and 70s, the nation constructed large amounts of public housing. By 1989, over half of the housing stock was public or subsidized. However, in recent years, there has been a lack of political will for the construction of new developments, which may be due to the increasing influence of foreign and local elites within Nolisian politics.
 == Demographics ==