Difference between revisions of "Economy of New Illyricum"
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Mining and mineral extraction is the largest industrial sector in the New Illyrian economy, accounting for 47% of the economy. Eastern and north New Illyricum, in the [[Andaluzian Mountains]], are very rich in copper, nickel, iron, zinc, titanium, and gypsum. All mining is [[States of New Illyricum|state-run]] so each state determines its own practices and mining strategies, with [[AleMine]] being the largest state-run mining corporation as it administrates mining in [[SE Alephonicum]] as well doing major operations in [[Pensulia SS|SE Pensulia]], [[Tuscinum SS|SE Tuscinum]], [[Uralis SS|SE Uralis]], [[Etruricum SS|SE Etruricum]], [[Turisicum SS|SE Turisicum]], and [[Secundicum SS|SE Secundicum]]. | Mining and mineral extraction is the largest industrial sector in the New Illyrian economy, accounting for 47% of the economy. Eastern and north New Illyricum, in the [[Andaluzian Mountains]], are very rich in copper, nickel, iron, zinc, titanium, and gypsum. All mining is [[States of New Illyricum|state-run]] so each state determines its own practices and mining strategies, with [[AleMine]] being the largest state-run mining corporation as it administrates mining in [[SE Alephonicum]] as well doing major operations in [[Pensulia SS|SE Pensulia]], [[Tuscinum SS|SE Tuscinum]], [[Uralis SS|SE Uralis]], [[Etruricum SS|SE Etruricum]], [[Turisicum SS|SE Turisicum]], and [[Secundicum SS|SE Secundicum]]. | ||
− | New Illyricum is | + | New Illyricum is a world leader in titanium and gypsum exports, which account for 54% of profit from all exports, as well as a major exporter of zinc and nickel. |
=== Manufacturing === | === Manufacturing === |
Latest revision as of 13:32, 11 July 2024
Currency | Denareo (DNE, D) |
---|---|
₵1.00 : D1.70 | |
1 September - October 15 | |
Statistics | |
Population | 43,004,984 |
GDP | ₵945 billion |
GDP per capita | ₵22,235 (nominal; 2022) |
4.7 | |
0.722 | |
Main industries |
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External | |
Export goods |
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All values, unless otherwise stated, are in Quebecshirite Credits (₵). |
The economy of New Illyricum is a specialized economy based mostly off of strong mining and manufacturing sectors. After a period of economic downturn in the early 2010s, the New Illyrian economy has seen large growth since 2018, peaking in 2022 and staying steady to 2024. The New Illyrian economy is the 24th largest economy in Terraconserva and is the world leading exporter in titanium and gypsum.
Sectors
Mining
Mining and mineral extraction is the largest industrial sector in the New Illyrian economy, accounting for 47% of the economy. Eastern and north New Illyricum, in the Andaluzian Mountains, are very rich in copper, nickel, iron, zinc, titanium, and gypsum. All mining is state-run so each state determines its own practices and mining strategies, with AleMine being the largest state-run mining corporation as it administrates mining in SE Alephonicum as well doing major operations in SE Pensulia, SE Tuscinum, SE Uralis, SE Etruricum, SE Turisicum, and SE Secundicum.
New Illyricum is a world leader in titanium and gypsum exports, which account for 54% of profit from all exports, as well as a major exporter of zinc and nickel.