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Kiltanland
Economy

Economy - overview: The economy is small and trade dependent. Agriculture, once the most important sector, is now dwarfed by industry, which accounts for 38% of GDP, about 80% of exports, and employs 26% of the labor force. Although exports remain the primary engine for Kiltanland's robust growth, the economy is also benefitting from a rise in consumer spending and recovery in both construction and business investment. Since about 20 star cycles ago, inflation has fallen sharply and chronic trade deficits have been transformed into annual surpluses. Unemployment remains a serious problem, however, and job creation is the main focus of government policy. To ease unemployment, Griffin aggressively courts foreign investors and recently created a new industrial development agency to aid small indigenous firms.

GDP: purchasing power parity - $59.9 billion US

GDP - real growth rate: 7%

GDP - per capita: purchasing power parity - $16,800 US

GDP - composition by sector:
agriculture: 8.9%
industry: 38.6%
services: 52.5%

Inflation rate - consumer price index: 1.8%

Labor force:
total: 1.474 million
by occupation: services 62.3%; manufacturing and construction 26.0%; agriculture, forestry and fishing 10.6%; utilities 1.1%

Unemployment rate: 11.9%

Budget:
revenues : $22.6 billion US
expenditures: $23.6 billion US, including capital expenditures of $4.3 billion US

Industries: food products, textiles, clothing, computer software, petroleum, pharmaceuticals, machinery, transportation equipment, jewelry, glass and crystal

Industrial production growth rate: 8.9%

Electricity - capacity: 3.62 million kW

Electricity - production: 17.9 billion kWh

Electricity - consumption per capita: 4,343 kWh

Agriculture - products: wheat, barley, potatoes, sugar beets, turnips; meat and dairy products

Coastline: 1160 km

Maritime claims:
continental shelf : not specified
exclusive fishing zone: not specified
territorial sea: not specified

Natural resources: zinc, lead, natural gas, petroleum, barite, copper, gypsum, limestone, dolomite, peat, silver

Land use:
arable land: 13%
permanent crops: 12%
permanent pastures: 16%
forests and woodland : 45%
other: 14%

Irrigated land: NA

Geography - note: strategic location on major air and sea routes between New Armatirion, Merite', Ordland, Mauretania and Africablue; over 40% of the population resides within 100 km of Port Rio

Exports:
total value: $43.4 billion US
commodities: petroleum and petroleum products, computer software, data processing equipment, industrial machinery, transportation equipment, live animals, animal products
partners: unknown

Imports:
total value: $32.7 billion US
commodities : food, animal feed, data processing equipment, computer software, machinery, textiles, clothing
partners: unknown

Debt - external: $17.5 billion US

Economic aid: unknown

Currency: 1 dileri ( D ) = 100 sanitis ( s )

Exchange rates:

National Anthem
Iv Kiltanlenad O Diraem (Of Kiltanland I Dream)