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DispatchFactbookOverview

by The Kingdom of Lux Lumen. . 25 reads.

Northern Federation Economy

Economy of the Northern Federation


Northern Federation of Iceland and Greenland

Currency
(K) Krona
Dollar Index

Fiscal year
July, 1947 July, 1948

Statistics

GDP
20 billion Krona

GDP growth
00.000%▲

GDP per capita
128,205.13 Krona

Inflation (CPI)
0.0 %

Population below
poverty line
n/a

Gini coefficient
31 (1947)

Labor force
100,000

Unemployment
▼0.0 %

5 Main industries
001

External

Exports
001

Export goods
001

Main export partners
@NationB
@NationF
@NationD
@NationE

Imports
001

Import goods
001

Main import partners
@NationJ
@NationD
@NationE
@NationF

Public finances

Public Debt
0 billion

Budget Surplus
0 billion

Revenues
0 billion

Expenses
0 billion

Economic Aid
0 million

Crediting rating
AAA

Foreign reserves
0 trillion


OVERVIEW OF ECONOMY

The Northern Federation has a unique economy, having a socialist economy, except for the retail sector, allowing for growth. The private sector has heavy regulation, including regulations setting prices for goods.



The Northern Federation has a GDP of 2 billion Krona. Industry, Mining, and Agriculture make up 46 billion of the economic Output of Greece (18.33%). Government expenditures makes up 151 billion of the economic output of Greece (60.16%). The rest of the economic output of Greece is in the retail and commercial markets, accounting for 54 billion (21.51%).

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GDP Gross Domestic Product

GDP

Growth Rate

Northern Federation

20 billion Krona

Y = C + I + E + G
where:
Y = GDP
C = Consumer Spending
I = Investment made by industry
E = Excess of Exports over Imports
G = Government Spending

23.65%▲

1947

20 billion Krona

00.0%

GDP Per Capita

GDP-PC

Growth Rate

Northern Federation

128,205.13 Krona

Step 1
Get nation's GDP.
Step 2
Determine Population of all adults in Nation.
Step 3
Divide the GDP by the population.

23.28%▲

1947

128,205.13 Krona

JOBS Employment

Employment Rate

Growth Rate

Ministry of Peace

15,000

00.0%

Ministry of Order

15,000

00.0%

Ministry of Plenty

15,000

00.0%

Ministry of Welfare

15,000

00.0%

Ministry of Advancement

15,000

00.0%

Retail/Commerce

15,000

00.0%

Other

10,000

00.0%

JOBS Unemployment

Fiscal Year

Employment to Unemployment Ratio

Employment Rate

Growth Rate

1947

100,000 : 101,400

98.62%▲



Government Economy
Total Money Minted: 99,900,000,000 Krona ($9,990 million)
Total Government Expenditures: 8,958 million Krona ($935.8 million)

Government Surplus: 90,942,000,000 Krona ($9,094.2 million)

Ministry of Peace
1,618 million Krona

Department

Funding

Description

Department of Payroll

K1,080 million

Payroll (72,000 Krona per employee)

Department of Maintenance

K10 million

Munitions Maintenance

Department of Maintenance

K8 million

Base Maintenance (8 bases;1,000,000 per base)

Department of Diplomacy

K10 million

Embassy Maintenance

Department of Diplomacy

K10 million

Diplomacy Funds

Department of Procurement

K500 million

Arms Purchasing

Ministry of Order
1,200 million Krona

Department

Funding

Description

Department of Payroll

K1,080 million

Payroll (72,000 Krona per employee)

Department of Maintenance

K10 million

Equipment Maintenance

Department of Law Enforcement

K80 million

Criminal Investigations

Department of Law Enforcement

K10 million

Criminal Prosecution

Department of Rehabilitation

K15 million

Criminal Rehabilitation

Department of Emergency Response

K20 million

Emergency Response

Ministry of Plenty
2,080 million Krona

Department

Funding

Description

Department of Payroll

K1,080 million

Payroll (72,000 Krona per employee)

Department of Food

K100 million

Food for All (500 Krona per person)

Department of Distribution

K100 million

Food Distribution

Department of Farming

K100 million

Farming Funds

Department of Manufacturing

K500 million

Manufacturing Funds

Department of Mining

K100 million

Mining Funds

Department of Finance

K000 million

Coin Minting

Department of Finance

K100 million

Banknote Minting

Ministry of Welfare
1,880 million Krona

Department

Funding

Description

Department of Payroll

K1,080 million

Payroll (72,000 Krona per employee)

Department of Healthcare

K200 million

Healthcare for All (1,000 Krona per person)

Department of Transportation

K200 million

Road Maintenance (100 Krona per km)

Department of Transportation

K100 million

Mass Transit Maintenance

Department of Energy

K100 million

Geothermal Power Distribution Maintenance

Department of Energy

K100 million

Geothermal Heat Distribution Maintenance

Department of Water Treatment

K100 million

Water Distribution and Treatment Maintenance

Ministry of Advancement
2,180 million Krona

Department

Funding

Description

Department of Payroll

K1,080 million

Payroll (72,000 Krona per employee)

Department of Education

K500 million

Education Supplies

Department of Education

K100 million

Sports Supplies

Department of Science

K250 million

Green Energy Research

Department of Science

K100 million

Manufacturing Research

Department of Science

K150 million

Military Research

Mining Products

Manufacturing Products


Private Economy


Trade

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