Economy of Lavaria

Output, growth and how Lavaria compares to the world.

Growth Economic Growth Sectors Industries Debt Debt / Reserves Budget Infra Infrastructure Embargoes

Current economy

GDP per capita

$46,110

Actual (per adult)

Total GDP

$1,074.4bn

National output

Unemployment

3.2%

Of the working-age population

Income inequality

4.0×

High vs low earners

Total GDP by earner band

Retired

No GDP contribution

37.0% of population

Set by the retirement-age law: electors at or above the threshold are retired

Unemployed

No GDP contribution

2.0% of total population (including non-working age)

Low earners

$109.0bn GDP

$27,518 avg per person

17.0% of population

10.2% of GDP

Medium earners

$359.8bn GDP

$55,157 avg per person

28.0% of population

33.5% of GDP

High earners

$357.7bn GDP

$109,666 avg per person

14.0% of population

33.3% of GDP

Elite earners

$247.8bn GDP

$531,755 avg per person

2.0% of population

23.1% of GDP

International comparison

Total GDP ranking

#32 of 52

GDP per capita ranking

#43 of 52

View the full international league table →

Economic history

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Laws shaping growth

Lavaria'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	In force	Effect on annual growth
Banking & Financial Regulation Light-touch regulation	Light-touch regulation	Financial Services +1.5
Prescription Drug Pricing State negotiates prices for public purchasing	State negotiates prices for public purchasing	Pharmaceuticals -1.5
Broadband & Digital Access Universal service obligation; every home entitled to a connection	Universal service obligation; every home entitled to a connection	Technology +1
Clinical Trials & Drug Approval Long trials, independent review and post-market surveillance	Long trials, independent review and post-market surveillance	Pharmaceuticals -1
Drug Patents & Generics Compulsory licences on request; the state promotes generic production	Compulsory licences on request; the state promotes generic production	Pharmaceuticals -1
Vocational & Technical Education Universal access to vocational and technical training, with a guaranteed apprenticeship place for every school-leaver	Universal access to vocational and technical training, with a guaranteed apprenticeship place for every school-leaver	Automotive +1 Aerospace & Defence +0.5
Automation & the Workforce Permit automation with strong retraining/transition rights	Permit automation with strong retraining/transition rights	Technology -0.5
Waste Management Producers pay for recycling their packaging and products	Producers pay for recycling their packaging and products	Consumer Goods & Retail -0.5
Workplace Safety Strict standards, frequent unannounced inspections, heavy fines	Strict standards, frequent unannounced inspections, heavy fines	Mining & Metals -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 Lavaria's economy, so those impacts do nothing here until the sector exists. Change the law and the effect changes with it — see Lavaria'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 Lavaria's economy, so those effects do nothing here until the sector exists. Hover an industry to see when the effect ends.