Economy of the Wechua Nation: Difference between revisions

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|'''Currency:'''|| the Wechua Sol ($)
|'''Currency:'''|| the Wechua Sol ($)
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|'''GDP:'''||  $78.351 billion Sols
|'''GDP:'''||  $78.351 billion Sols (1664)
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|'''GDP by Sector:'''|| Services 53%; manufacturing 22%, extractive industries 15%, and taxes (9.7%).
|'''GDP by Sector:'''|| agriculture: 13.6%; industry: 38.1%; services: 52.0% (1662 est.)
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|'''Marketplace'''||  
|'''Marketplace'''||  
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|'''Industries:''' || Industries
|'''Industries:''' || mining, smelting, natural gas, food and beverages, tobacco, handicrafts, clothing, jewelry
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|'''Major Industry (% of GDP):'''||   
|'''Major Industry (% of GDP):'''||   
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*Other: TBD (TBD %)
*Other: TBD (TBD %)
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|'''Unemployed (% of Total Population):'''|| TBD (10%)
|'''Unemployed (% of Total Population):'''|| {{Decrease}} 5.7% (1664 est.) <small>''note: data are for urban areas; widespread underemployment.''</small>
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The '''economy of the Wechua Nation''' previously known for a historic pattern of a single-commodity focus, but since the year 1659, has seen a successful period of economic diversification. The GDP of the [[Wechua Nation]] in the year 1664 was $78.351 billion [[Wechu Sol | Sols]].
Political instability and difficult topography have constrained efforts to modernize the country, especially its agricultural sector. Similarly, relatively low population growth coupled with low life expectancy and high incidence of disease has kept the labor supply in flux and prevented industries from flourishing. Rampant inflation and corruption also have thwarted development, but in the mid-1660's the fundamentals of its economy showed unexpected improvement, largely credited to the country's accession to the Raspur Pact. The mining industry, especially the extraction of natural gas and zinc, currently dominates the Wechua Nation's export economy.
Between 1659 and 1664, GDP per capita is doubled and the extreme poverty passed from 38 to 18%.
Caputia is a member of the [[Raspur Pact]], and it has several well-established and favorable trading relationships with [[Constancia]], [[Craitland]], [[Caputia]], [[Natopia]], [[Shireroth]], and [[Xang Muang]].


[[Category:Economy]]
[[Category:Economy]]
[[Category:Wechua]]
[[Category:Wechua]]

Revision as of 01:06, 5 November 2018

Economy of the Wechua Nation
File:Insert Not Erb Currency Image.png
Currency: the Wechua Sol ($)
GDP: $78.351 billion Sols (1664)
GDP by Sector: agriculture: 13.6%; industry: 38.1%; services: 52.0% (1662 est.)
Marketplace

Industries: mining, smelting, natural gas, food and beverages, tobacco, handicrafts, clothing, jewelry
Major Industry (% of GDP):
Largest Company (Value): General Company of Parap (TBD %)
Labour Force (% of Total Population): TBD (TBD %)
Labour Force by Sector:
  • Military and Defense: TBD (TBD%)
  • Food (% of All Employed): TBD (TBD%)
  • Industry
  • Energy: TBD (TBD %)
  • Services
  • Other: TBD (TBD %)
Unemployed (% of Total Population): 5.7% (1664 est.) note: data are for urban areas; widespread underemployment.

Budget: TBD $
Budget Surplus or Deficit: TBD $
Inflation Rate:

Exports: Things.
Export Partners: Caputia, Shireroth, Natopia, Xang Muang
Imports: Things.
Import Partners: Caputia, Shireroth, Stormark, Natopia
Reserves of Foreign Currency:

The economy of the Wechua Nation previously known for a historic pattern of a single-commodity focus, but since the year 1659, has seen a successful period of economic diversification. The GDP of the Wechua Nation in the year 1664 was $78.351 billion Sols.

Political instability and difficult topography have constrained efforts to modernize the country, especially its agricultural sector. Similarly, relatively low population growth coupled with low life expectancy and high incidence of disease has kept the labor supply in flux and prevented industries from flourishing. Rampant inflation and corruption also have thwarted development, but in the mid-1660's the fundamentals of its economy showed unexpected improvement, largely credited to the country's accession to the Raspur Pact. The mining industry, especially the extraction of natural gas and zinc, currently dominates the Wechua Nation's export economy.

Between 1659 and 1664, GDP per capita is doubled and the extreme poverty passed from 38 to 18%.

Caputia is a member of the Raspur Pact, and it has several well-established and favorable trading relationships with Constancia, Craitland, Caputia, Natopia, Shireroth, and Xang Muang.