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The '''economy of [[Alduria-Wechua]]''' is an emerging, social market economy characterized by a high level of foreign trade. The Alduro-Wechua economy has improved substantially since the foundation of the Federation in {{AN|1685}} as [[New Prosperity Plan|increased public investments]] in industrial development, infrastructure, water, sanitation, electric power, and others led to pronounced downward trends in unemployment and economic inequality. Its economy is diversified, although the export of commodities makes up a large part of its economic activity, making the economy subject to the risks of price volatility in international markets. [[Alduria-Wechua]] is a member of the [[Raspur Pact]], granting the economy access to one of the largest free trade and freedom of movement arrangements with [[Raspur_Pact#Membership|12 other nations]].


[[Category:Economy of Alduria-Wechua]]
[[Category:Economy of Alduria-Wechua]]

Revision as of 01:41, 12 August 2020

{{{1}}} This article or section is a work in progress. The information below may be incomplete, outdated, or subject to change.
Economy of Alduria-Wechua

CurrencySignAWF.png

Currency: the Alduro-Wechua Écu (€, WAE€)
the Natopian Natopo ((₦)
GDP: WAE€3.181 trillion (1686 AN)
6.6%
GDP by Sector:
  • Agriculture: 10.7%
  • Industry: 31.2%
  • Services: 58.1%
(1686 AN)
Marketplace

Industries:
  • Machinery
  • Petroleum
  • Chemicals
  • Automobiles
  • Metallurgy
  • Aircraft
  • Ships
  • Electronics
  • Textiles
  • Jewelry
  • Food and Beverage
  • Tobacco
  • Handicrafts
  • Tourism
Major Industry (% of GDP):
  • Agriculture, forestry, and fishing: 6.0%
  • Mining: 3.6%
  • Petrochemical: 4%
  • Manufacturing: 17.2%
  • Construction: 5.6%
  • Commerce and tourism: 12.9%
  • Transport, communications, and utilities: 7.9%
  • Government: 9.5%
  • Business, social and other services: 33.3%
Largest 5 Companies (Value in WAE€): Kerularios & Company (WAE€ XX)
ESB Susa (WAE€ XX)
Pontecorvo Firm (WAE€ XX)
Javelin Industries (WAE€ XX)
Labor Force:
Labor Force by Sector:
Unemployed: 14.8% (1686 AN)

Budget: Revenues: WAE€550 billion
17.29% of GDP 1686 AN
Expenses: WAE€730 billion
22.95% of GDP
Budget Surplus or Deficit: WAE€180 billion (-5.66% of GDP)
Public Debt: WAE€1.307 trillion (41.1% of GDP)
Inflation Rate:

Exports: oil, natural gas, marble, motor vehicles, consumer goods, electronics, electrical equipment, pharmaceuticals, metals, transport equipment, foodstuffs, textiles, rubber and plastic products, rice, potatoes, quinoa, soybeans, and soy products.
Export Partners:
Imports: machinery, durable consumer goods, data processing equipment, vehicles, chemicals, metals, electric equipment, pharmaceuticals, foodstuffs, agricultural products, silver, zinc, measuring and medical control instruments, pharmaceuticals, furniture.
Import Partners:
Reserves of Foreign Currency:

The economy of Alduria-Wechua is an emerging, social market economy characterized by a high level of foreign trade. The Alduro-Wechua economy has improved substantially since the foundation of the Federation in 1685 AN as increased public investments in industrial development, infrastructure, water, sanitation, electric power, and others led to pronounced downward trends in unemployment and economic inequality. Its economy is diversified, although the export of commodities makes up a large part of its economic activity, making the economy subject to the risks of price volatility in international markets. Alduria-Wechua is a member of the Raspur Pact, granting the economy access to one of the largest free trade and freedom of movement arrangements with 12 other nations.