Economy of Elrondia

Output, growth and how Elrondia compares to the world.

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Current economy

GDP per capita
$57,346
Actual (per adult)
Total GDP
$4,128.9bn
National output
Unemployment
7.3%
Of the working-age population
Income inequality
4.0×
High vs low earners

Total GDP by earner band

Retired
No GDP contribution
18.0% of population
Set by the retirement-age law: electors at or above the threshold are retired
Unemployed
No GDP contribution
6.0% of total population (including non-working age)
Low earners
$426.2bn GDP
$28,191 avg per person
21.0% of population
10.3% of GDP
Medium earners
$1,093.5bn GDP
$56,248 avg per person
27.0% of population
26.5% of GDP
High earners
$2,211.4bn GDP
$113,754 avg per person
27.0% of population
53.6% of GDP
Elite earners
$397.8bn GDP
$552,508 avg per person
1.0% of population
9.6% of GDP

International comparison

Total GDP ranking
#17 of 52
GDP per capita ranking
#19 of 52

View the full international league table →

Economic history

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Laws shaping growth

Elrondia's laws don't just shift opinion — some of them speed up or slow down particular industries every month. Only laws currently set away from a neutral position appear here; every other law leaves growth alone.

Law Effect on annual growth
AI Development & Safety
No restrictions; accelerate AI
AI Development +6 Technology +3
Banking & Financial Regulation
Deregulated financial centre
Financial Services +3 Agriculture & Food -0.5 Automotive -0.5 Mining & Metals -0.5
Automation & the Workforce
Actively incentivise automation
Technology +2 Professional Services +1
Agricultural Market Regime
Open agricultural trade; intervention only in emergencies
Agriculture & Food +1.5
Broadband & Digital Access
Universal service obligation; every home entitled to a connection
Technology +1
Foreign Investment & Takeovers
No restrictions on foreign investment or takeovers
Financial Services +1 Technology +1
Bankruptcy & Insolvency
Fresh start: discharge after one year for individuals and small firms
Financial Services -0.5
Arms Exports
Sell arms with minimal restriction
Aerospace & Defence +2
Fossil Fuel Extraction
Licensed extraction with limits
Oil & Gas +1
Workplace Safety
No safety requirements; workers accept the risks of the job
Mining & Metals +1 Oil & Gas +0.5

Figures are annual percentage points added to (or taken off) that industry's growth rate for as long as the law stands — they stack with the global rate for the industry shown above. Greyed-out industries aren't part of Elrondia's economy, so those impacts do nothing here until the sector exists. Change the law and the effect changes with it — see Elrondia's laws.

Global events shaping growth

World events resolved by global decision can temporarily speed up or slow down particular industries — a solar storm battering technology, a subsidy boosting a sector. Only effects currently in force appear here; each fades on its own end date.

Event Effect on annual growth
Rein In the Tech Giants
Technology +6

Figures are annual percentage points added to (or taken off) that industry's growth rate while the effect lasts — they stack with the global rate and any standing laws above. Greyed-out industries aren't part of Elrondia's economy, so those effects do nothing here until the sector exists. Hover an industry to see when the effect ends.

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