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Economy of Alduria-Wechua

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Economy of Alduria-Wechua

CurrencySignAWF.png

Currency: the Alduro-Wechua Écu (€, WAE€)
the Natopian Natopo ((₦)
GDP: WAE€4.042 trillion (1689 AN)
7%
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: 9.7% (1689 AN)

Budget: Revenues: WAE€727 billion
18% of GDP 1689 AN
Expenses: WAE€725 billion
17.93% of GDP
Budget Surplus or Deficit: WAE€2 billion (0.04% of GDP)
Public Debt: WAE€2.128 trillion (52.64% 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, 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.

Alduro-Wechua economic performance is tied to exports, which provide hard currency to finance the country's imports and external debt payments. Alduria-Wechua's main exports are oil, natural gas, marble, copper, ships, motor vehicles, consumer goods, electronics, electrical equipment, pharmaceuticals, metals, transport equipment, textiles, rubber and plastic products, rice, wheat, potatoes, chocolate, coffee, sugar, quinoa, soybeans, soy products, and foodstuffs. Its major trade partners are Natopia, Constancia, the Black Legions, Ransenar, Sanama, Craitland, and Antakia.

The country's economy faces difficult challenges with establishing lasting, self-sustaining economic growth and in securing a more egalitarian distribution of income, in particular reducing the disparity between urban and rural areas of the country. Alduria-Wechua benefits from being rich in natural resources, having a highly literate population, sustaining a strong export-oriented economy, and a diversified industrial base.

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.

History

Data

Sectors

Currency

Infrastructure

Foreign trade and investment

Issues