Economy of the Confederate States of Floria
 Northcliff Financial District | |
| Currency | Florian Dollar ($) |
|---|---|
| Fixed Exchange Rate | 1.40 |
| Fiscal Year | 1661 |
| Economic Group | Developed/Advanced |
| Population | 142,574,203 |
| GDP | Cr 8.39 trillion (1741) |
| GDP Per Capita | $ 45,300 |
| Economic Sectors |
Primary: 1% |
| Unemployment Rate | 3.8% |
| Average Net Salary | $3,775.00 monthly |
| Major Industries |
Natural Gas Oil Sports Finance Manufacturing Telecommunication and technology Mining Tourism Defence |
| Main Export Partners |
 Xäiville Convention (except Craitland, and Tellia.  Raspur Pact (except Natopia and Nouvelle Alexandrie). |
| Main Import Partners |
Xäiville Convention (except Craitland, and Tellia. Raspur Pact (except Natopia and Nouvelle Alexandrie). |
The Economy of the Confederate States of Floria is a highly developed free-market economy. It is one of Micra's largest by nominal GDP despite engaging in warfare throughout its history and post-war treaties which at one point disabled many of the country's most important sectors until the treaties were eventually abolished. The Florian dollar is one of the most stable and its exchange rate compares strongly with the Craitish Cräite, the standard used to compare other currencies. Floria imports and exports a large number of goods, most notably the former member states of the Apollonian and Euran Economic Union and the Raspur Pact, which it was formerly part of.
Floria has one of the largest automobile manufacturing industries and the largest telecommunication and technology industry and is the most innovative in that sector. Floria also has significantly large reserves of natural resources such as oil and gas and owns many companies controlling the extraction of these resources. Other major industries include mining and entertainment.
After the annexation of Port Balaine in 1706 AN, the country faced extensive sanctions and boycotts from many nations with the most harshest sanctions enacted by the Xäiville Convention, Floria’s largest trading partner outside the Raspur Pact. These sanctions were mostly abolished by 1721.
Due to sanctions across Floria’s history, the economy of Floria is widely protectionist but allows free trade with former Raspur Pact allies.
History
Data
Economic data resets every presidential term
| Year | GDP (Tril.$PPP) |
GDP per capita ($ PPP) |
Inflation% | Unemployment (Percent) |
Public debt (in % of GDP) |
|---|---|---|---|---|---|
| 1738 | 7.8 | 42,390 | 1.5 | 4 | 47 |
| 1739 | 7.99 | 43,340 | 1.5 | 3.9 | 49 |
| 1740 | 8.19 | 44,310 | 1.6 | 3.8 | 51 |
| 1741 | 8.39 | 45,300 | 1.6 | 3.8 | 53 |
| 1742 | 8.6 | 46,310 | 1.7 | 3.7 | 55 |
Major sectors
Primary
Energy
Floria nationwide is packed with vast amounts of natural resources nationwide with highest concentration of resources being in the central parts of the country. Oil and gas are Florias's two largest sources of income. It is one of Micras's leading exporters and producers of natural gas. Floria has also developed renewable energy sources so it becomes less dependent on fossil fuels which are harmful to the environment. Nuclear energy is banned in Floria.
Mining
Floria is a leading producer and exporter of minerals and precious metals, with substantial reserves of copper and gold. The country’s mining industry plays a critical role in its economy, generating significant revenue and employment opportunities.
The northern parts of Victoria are rich in copper deposits, with large scale mining operations extracting copper ore efficiently through advanced techniques like open-pit and deep-shaft mining. In addition to copper, the region also contains valuable minerals such as zinc and silver. The mining sector in Northern Victoria contributes heavily to the national economy, with copper being a key export product used in various industries, including electronics and renewable energy technologies.
In the eastern states of Floria such as Mesoun, extensive gold mining operations take place. Gold mining is a major contributor to Floria’s wealth, with significant exports to global markets.
The mining industry is a cornerstone of Floria's economy, driving GDP growth, infrastructure development, and providing employment across various sectors. As a top producer of copper and gold, Floria has established strong trade relationships with global economies. The demand for copper, particularly in renewable energy technologies and electric vehicles, is expected to remain high in future years.
Floria faces environmental challenges related to its mining operations, including deforestation, soil erosion, and water contamination. In response, the government has implemented sustainable mining practices, such as
Floria’s mining sector is poised for growth, particularly with the increasing global shift toward renewable energy however it is likely it will face issues with sustainability.
Industry
Defence
The defense industry of Floria is a strategically vital sector that plays a significant role in the country’s economy and security. The sector is not only a major employer but also a key component in Floria’s ability to project military power and maintain national defence capabilities. With a well-developed and technologically advanced arms industry, Floria is a leading global supplier of high-tech military equipment.
Floria's defense industry is one of the most sophisticated in the world, capable of designing, manufacturing, and exporting a wide range of military hardware. This includes advanced technologies such as fighter jets, nuclear-powered submarines, firearms, and both short-range and long-range ballistic missiles.
Floria was one of the largest exporters of arms on Micras, particularly within the membership of the Raspur Pact. The country exports a significant portion of its defense products to various nations, making it a key player in the global arms market. Its military technology is highly sought after, particularly in regions where advanced defense systems are in demand.
Floria's position as a top exporter allows it to wield considerable influence over global security dynamics. Its arms trade, particularly with countries in the former Raspur Pact and allied states, contributes to strengthening international relationships and advancing its geopolitical interests.
The defense industry in Floria is poised for continued growth, with ongoing investments in advanced military technologies, cybersecurity, and next-generation weapons systems. The country is expected to continue modernising its armed forces, maintaining its competitive edge in both traditional and unorthodox capabilities. With varying global tensions and the increasing demand for high-tech defence solutions, Floria’s defence industry is well-positioned to remain a dominant force in the international arms market.
Automotive
The automotive industry in Floria is one of the largest and most important sectors in the country, contributing significantly to its economy and providing employment to nearly 950,000 people, making it one of the largest employers on Micras. Floria’s automotive industry is globally recognised for its competitiveness, innovation, and high-quality production, with a strong presence in both the luxury and mainstream car markets. The country is home to several world-renowned car brands, including Titan Automotives, ULAS Motors, and Omega.
Titan Automotives, founded in Floria, is Micras' most well-known luxury car brand, renowned for producing high-performance vehicles that blend advanced technology with sophisticated design. Titan cars are considered symbols of status and luxury, with a strong emphasis on engineering excellence, safety features, and cutting-edge automotive technology. The brand is known for its sports cars, sedans, and electric vehicle models, with a customer base that spans from private buyers to corporate fleets and government contracts. Titan Automotives has become synonymous with quality craftsmanship and innovation in the automotive industry.
ULAS Motors is another major automotive brand owned by Floria, known for its mass-market vehicles. Unlike Titan, ULAS focuses on producing affordable yet high-quality vehicles, including compact cars, sedans, and crossovers. The brand has gained a reputation for producing reliable and fuel-efficient cars, offering both traditional combustion engine models and hybrid options. ULAS Motors has a strong presence in domestic and international markets, with significant export growth, particularly in Eura and Apollonia.
Omega, another key player in Floria’s automotive sector, is a prominent car brand specialising in mid-range vehicles that appeal to a broad consumer base. Known for their affordability, durability, and efficient fuel economy, Omega cars such as the Corse have found success in both domestic and emerging markets. The brand’s vehicles include family cars, SUVs, and entry-level sedans, with an increasing emphasis on integrating advanced driver-assistance systems and eco-friendly technologies.
The automotive industry is one of the largest contributors to Floria’s GDP, with billions of Florian dollars generated annually through both domestic sales and exports. In addition to direct employment in the automotive sector, the industry supports numerous related sectors, such as parts suppliers, dealerships, vehicle maintenance services, and transportation networks.
Electronics
Floria's electronics sector is a powerhouse of innovation and precision engineering. Known for its high-quality manufacturing, research-driven approach, and emphasis on automation, the sector plays a crucial role in the state's economy and global competitiveness.
Following the long tradition of engineering excellence, Floria's electronics industry prioritises durability, efficiency, and high-performance standards. Companies in Floria invest heavily in research and development (R&D), ensuring that their products meet rigorous quality control measures. This focus has led to breakthroughs in fields such as industrial automation, automotive electronics, and advanced semiconductor manufacturing.
Floria has also adopted a culture of continuous improvement which emphasises incremental innovation and efficiency in production. This mindset has helped local manufacturers optimise production lines, reduce waste, and develop cutting-edge consumer electronics. As a result, Floria is known for producing reliable and long-lasting electronic goods that rival those from global industry leaders.
Floria's electronics sector is diverse, spanning multiple industries:
- Semiconductors & Microchips, the country is prominent in semiconductor fabrication, producing high-performance chips used in AI, quantum computing, and automotive applications.
- Automotive Electronics:Floria specialises in advanced driver-assistance systems, electric vehicles, and smart infotainment systems.
- Consumer Electronics: Floria is home to companies manufacturing high-quality smartphones, smart home devices, and gaming hardware and the major gaming devices were all invented in Floria.
- Robotics & Automation: Floria has a thriving robotics industry, focusing on factory automation, medical robotics, and AI-powered machines.
Florian electronics firms collaborate with global partners, engaging in joint ventures, technology sharing, and workforce training programs. These partnerships have strengthened the state's reputation as a global hub for advanced electronics manufacturing.
With a commitment to precision engineering, innovation, and continuous improvement, Floria’s electronics sector continues to grow, cementing its place as a key player in the international technology landscape.
Services
Floria’s service sector accounts for 63.8% of its total economic output. Insurance, real estate, retailing, transportation, and telecommunications are all major industries.
Retail
Retail is a diverse and rapidly growing industry characterized by a mix of traditional retail, e-commerce, and tourism-driven businesses. The sector plays a pivotal role in Floria’s economy, contributing significantly to employment, economic growth, and consumer spending.
Floria's retail market is valued at several trillion dollars, making it one of the largest retail markets globally. It has seen significant expansion over the years due to strong population growth, rising consumer demand, and an increased preference for both online and in-store shopping. Retail sales in Floria have grown steadily, fueled by a larger population and high consumer spending. The retail market is driven by increased consumer demand, a booming middle class, and advancements in technology and logistics.
Traditional retail stores remain the backbone of Floria’s retail sector. Large shopping malls, department stores, and smaller local shops can be found in both urban and suburban areas. Notable retail hubs include cities like Northcliff and Diamond Harbour. Prominent chains such as MAGNET, FloriaFresh, and Metroshop dominate the grocery and department store markets, alongside international brands. E-commerce has seen exponential growth in Floria. Many businesses are also adopting omnichannel strategies, allowing customers to shop online and pick up items in-store, or return products purchased online at physical locations.
Transportation
Railway transport is controlled by FLO Railways, a state-controlled company. It covers the vast majority of Floria apart from the overseas territories and Mesoun. Floria has numerous airports with Northcliff St. Peter International Airport acting as the flagship major international airport. Ports are found in the cities of Port Farrar, Diamond Harbour and Moss Side.
Floria is also part of the Apollonian Express and with its central location is an important hub of the network. However at various stages of the network's development and operation. Floria throughout history has blocked its services with its neighbours, and has also been blocked by neighboring states like Kildare due to its aggressive attitude towards other nations.
Tourism
Floria has a vibrant tourism industry. The country enjoys a warm climate, making it an ideal destination for traveler's seeking pleasant weather year-round. The tourism sector plays a central role in the nation's economy, with major cities such as Northcliff, stunning landscapes, and diverse attractions drawing visitors from around Micras.
Floria’s has a warm climate with coastal cities such as Moss Side and Diamond Harbour offering golden beaches, crystal-clear waters, and a variety of outdoor activities. Inland regions feature lush forests, scenic vineyards, and mountainous terrains. The country enjoys year-round sunny weather, making it a popular choice for those seeking both relaxation and adventure.
For many years, Floria was known for its progressive stance on cannabis legalisation. The country has legalised both medical and recreational cannabis from its foundation, which led to the rise of cannabis tourism. Cities like Dragonmoor became hubs for cannabis-related experiences, including guided cannabis tours, cannabis-infused dining, and wellness treatments. The country attracted international visitors, particularly from nations where cannabis laws were more restrictive.
In a significant policy shift, Floria’s federal government enacted a nationwide ban on cannabis in 1740. This move came in response to changing political dynamics and medical pressure. The ban led to the closure of cannabis cafes, dispensaries, and wellness resorts, which had been central to the country’s cannabis tourism sector. As a result, businesses catering to cannabis tourists faced financial strain, and there was a noticeable decline in visitors who had previously traveled to Floria for cannabis-related experiences.
Despite the setback, Floria’s tourism industry adapted by emphasising other aspects of its diverse offerings. Coastal cities shifted focus to eco-tourism, attracting nature enthusiasts and environmentally-conscious travellers. The wine industry also flourished, with vineyards offering tours and tastings to replace the void left by cannabis tourism. In addition, Floria’s rich cultural heritage, vibrant art scene, and world-class culinary experiences became central attractions.
Tourism remains a critical component of Floria’s economy, contributing significantly to its GDP. The country’s diverse attractions, including its beaches, historical sites, and luxury resorts, continue to attract millions of visitors annually. The tourism industry’s resilience has allowed Floria to maintain its status as a major global destination.
Floria continues to invest in sustainable tourism practices, ensuring that the sector remains robust while preserving the country’s natural and cultural resources.
