Economy of Natopia: Difference between revisions
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| export-partners = {{unbulleted list|{{team flag|Nouvelle Alexandrie}}|{{team flag|Benacian Union}}|{{team flag|Shireroth}}|{{team flag|Constancia}}|}} | | export-partners = {{unbulleted list|{{team flag|Nouvelle Alexandrie}}|{{team flag|Benacian Union}}|{{team flag|Shireroth}}|{{team flag|Constancia}}|}} | ||
| imports = ₦23 trillion | | imports = ₦23 trillion | ||
| import-goods = Crude Oil, Rare | | import-goods = Crude Oil, Rare Metals, Machinery, Raw Materials | ||
| import-partners = {{unbulleted list|{{team flag|Nouvelle Alexandrie}}|{{team flag|Constancia}}|{{team flag|Benacian Union}}|{{team flag|Anahuaco}}|}} | | import-partners = {{unbulleted list|{{team flag|Nouvelle Alexandrie}}|{{team flag|Constancia}}|{{team flag|Benacian Union}}|{{team flag|Anahuaco}}|}} | ||
| FDI = ₦1.5 trillion | | FDI = ₦1.5 trillion |
Revision as of 22:31, 27 February 2024
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This article or section is a work in progress. The information below may be incomplete, outdated, or subject to change. |
Natopian_economic_hub.jpg | |
Currency | Natopian natopo (₦) |
---|---|
Fiscal Year | 1729 AN |
Trade Organizations | MTO, Raspur Pact, Community of Goldfield, Euran Economic Union |
Economic Group | Developed economy |
Population | 880 million |
GDP | ₦120 trillion |
Growth Rate | 4.5% |
GDP Per Capita | ₦136,363 |
Economic Sectors | Agriculture: 10%, Industry: 40%, Services: 50% |
Main Components | Consumer spending: 68%, Government expenditure: 20%, Investment in fixed capital: 10%, Net exports: 2% |
Inflation Rate | 1.9% |
Central Bank Rate | 3.5% |
Poverty Line | 6% |
Risk of Poverty | 11% |
Labor Force | 528 million |
Occupations | Services: 70%, Industry: 20%, Agriculture: 10% |
Unemployment Rate | 5.1% |
Average Gross Salary | ₦75,000 per year |
Average Net Salary | ₦55,000 per year |
Consumption | ₦82 trillion |
Savings Rate | 18% of GDP |
Yield Curve | Flat |
Major Industries | Aerospace, Technology, Automotive, Biotechnology, Finance |
Exports | ₦25 trillion |
Main Export Goods | Electronics, Vehicles, Pharmaceuticals, Financial Services |
Main Export Partners | |
Imports | ₦23 trillion |
Main Import Goods | Crude Oil, Rare Metals, Machinery, Raw Materials |
Main Import Partners | |
Foreign Direct Investment | ₦1.5 trillion |
Current Account Balance | +₦2 trillion |
Gross External Debt | ₦40 trillion |
Public Debt | 60% of GDP |
Budget Balance | -₦3 trillion |
Government Revenue | ₦30 trillion |
Government Expenses | ₦33 trillion |
Foreign Aid | ₦500 billion |
The economy of the Bovic Empire of the Natopian Nation is a highly advanced and developed mixed economy. Its currency, the Natopian natopo (₦), serves as the principal reserve currency within the Raspur Pact, highlighting Natopia's integral position and influence within this significant military and economic alliance. Natopia distinguishes as one of the oldest and largest economies in Micras, positioning it as the most significant and mature economy within the pact. Several countries use the natopo as their official currency or as acceptable legal tender.
Central to Natopia's economic strategy is an integration of advanced technology and high productivity levels, supported by a regulatory framework that encourages business innovation while maintaining competitive taxation. This strategic mix has fostered a vibrant and resilient economic sector, enabling the government to undertake substantial interventions and reforms when necessary. These interventions have been crucial in navigating the nation through periods of economic adversity, including instances of fiscal insolvency, depressions, and financial crises.