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 10.78 trillion (1741) |
| Growth Rate | ▲ |
| GDP Per Capita | Cr 53,500 |
| Economic Sectors |
Primary: 1% |
| Unemployment Rate | 3.5% |
| Average Net Salary | 2,172 monthly |
| Major Industries |
Natural Gas Oil Sports Finance Manufacturing Telecommunication and technology Mining Tourism Defence |
| Main Export Partners |
 Xäiville Convention (except Craitland, South Sea Islands and Tellia.  Raspur Pact (except Natopia and Nouvelle Alexandrie). |
| Main Import Partners |
Xäiville Convention (except Craitland, South Sea Islands 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
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
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
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.
