Economy of Andalus

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Economy of Andalus
Deira Marina.png
Deira is the financial centre of Andalus
Rank 4th (nominal) or 3rd (PPP)
Currency Colum (₡)
Fiscal Year Calendar year
Trade Organizations East Althenian Sphere
Columbian Union
Statistics
GDP $4.878 trillion (nominal)
$5.096 trillion (PPP)
GDP Growth Increase 8.7% (nominal; Q1 2016)
Increase 7.2% (real; Q1 2016)
GDP Per Capita $58,825 (nominal)
$61,023 (PPP)
GDP by sector 2011 statistics
  • Services (72%)
  • Industry (19%)
  • Other (9%)
Inflation 1.71% (2012)
Pop. under poverty line 1.4% (2014 est.)
Labor Force 60.6 million (2016 estimate)
Labor Force by sector 2013 statistics
  • Services (60.8%)
  • Industry (32.1%)
  • Other(7.1%)
Unemployment Decrease 4.8% (Q2 2014)
Main industries Tourism, machinery, steel, chemicals, ship building and repair, construction, pharmaceuticals, aviation services, financial services
Ease of Doing Business rank 26th (2013)
External
Exports §1.84 Trillion
Export goods Engineering products, chemicals; food (wheat), aluminum; minerals and precious metals, oil products, plastics
Main export partners TBA
Imports §1.19 Trillion
Import goods Transport equipment, energy products, textiles and clothing; food, vehicles
Main import partners TBA
Gross external debt §108 Billion
Public finances
Revenues $2.33 Trillion
Expenses $1.3 Trillion;
Ratings
  • Domestic: AAA+
  • Foreign: AAA+
  • T&C: AAA+
  • Outlook: Stable

Andalus has the world's ??th largest nominal GDP, and ??th largest GDP by PPP. The country is a founding member of the OECD (1961) and the G-8 major economies (2003). Andalus maintained an average growth rate of 10% between 1984 and 2010, before faltering at the beginning of the Andalusian Financial Crisis.

The Andalusian economy largely benefited from the social-democratic reforms under President Faisal, establishing a hybrid combination of a free market economy with a welfare state. High exports during the later half of the 1990s allowed for the diversification of Andalus' economy from it's dependency on oil, which now contributes 6% of Andalus' GDP. With the election of the radical "La Gauche" party in the 2015 election, the Andalusian economy underwent a major shift to the far-left, with the beginning of policies aimed at dismantling capitalism, and gearing the economy towards benefit of the people, not multinational corporations.

Development[edit]

Regional development[edit]

Key national projects[edit]

Regional economies[edit]

Macroeconomic trends[edit]

Inflation[edit]

Investment cycle[edit]

Tax system[edit]

Regional economies[edit]

Sectors[edit]

Agriculture[edit]

Energy[edit]

Industry and manufacturing[edit]

Services[edit]

External trade[edit]

Labor and welfare[edit]

See Also[edit]

External links[edit]