Industries of Wëlstere
Where Wëlstere's growth comes from — its mix of industries and how each is growing this month. Each rectangle is an industry, sized by its share of Wëlstere's economy.
Industry mix
Each figure below is that industry's share of the economy — the country grows fastest where its fast-growing industries are largest.
| Industry | Share | Growth this month | GDP | World rank |
|---|---|---|---|---|
|
Consumer Goods & Retail
|
26.4% |
+1.7%
globally
Wëlstere
+2.7%
|
$10.44bn | #52 of 52 |
|
Professional Services
|
23.4% |
+2.4%
globally
Wëlstere
+3.2%
|
$9.27bn | #52 of 52 |
|
Financial Services
Specialism
|
15.4% |
-0.6%
globally
Wëlstere
+0.7%
|
$6.09bn | #50 of 50 |
|
Tourism & Hospitality
|
7.8% |
+0.2%
globally
Wëlstere
+0.3%
|
$3.09bn | #42 of 42 |
|
Oil & Gas
|
6.6% |
-0.5%
globally
Wëlstere
+1.2%
|
$2.61bn | #22 of 22 |
|
Technology
|
5.5% |
+5.5%
globally
Wëlstere
+10.1%
|
$2.19bn | #45 of 45 |
|
Media & Entertainment
|
4.9% |
+1.6%
globally
Wëlstere
+1.4%
|
$1.95bn | #43 of 43 |
|
Automotive
|
3.9% |
-0.5%
globally
Wëlstere
-0.1%
|
$1.54bn | #34 of 34 |
|
Pharmaceuticals
|
3.3% |
+1.6%
globally
Wëlstere
+1.5%
|
$1.29bn | #39 of 39 |
|
Agriculture & Food
|
2.7% |
+0.2%
globally
Wëlstere
+1.9%
|
$1.08bn | #52 of 52 |
Global rates are the world-wide growth for each industry this month. Where enough history exists, Wëlstere's own rate for that industry is shown too — it moves slightly around the global rate with local conditions. World rank is by that industry's total GDP among all countries.
Laws shaping growth
Wëlstere'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 |
|---|---|---|
|
Automation & the Workforce
Actively incentivise automation
|
Actively incentivise automation |
Technology
+2
Professional Services
+1
|
|
AI Development & Safety
Light-touch, pro-innovation
|
Light-touch, pro-innovation |
AI Development
+3
Technology
+1.5
|
|
Agricultural Market Regime
Open agricultural trade; intervention only in emergencies
|
Open agricultural trade; intervention only in emergencies |
Agriculture & Food
+1.5
|
|
Banking & Financial Regulation
Light-touch regulation
|
Light-touch regulation |
Financial Services
+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
|
|
Carbon Pricing
No carbon price
|
No carbon price |
Oil & Gas
+1
Automotive
+0.5
Mining & Metals
+0.5
|
|
Fossil Fuel Extraction
Licensed extraction with limits
|
Licensed extraction with limits |
Oil & Gas
+1
|
|
Retail Planning & Licensing
Presumption in favour of new stores; no size limits
|
Presumption in favour of new stores; no size limits |
Consumer Goods & Retail
+1
|
|
Agricultural Environmental Standards
Voluntary stewardship schemes
|
Voluntary stewardship schemes |
Agriculture & Food
+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 Wëlstere's economy, so those impacts do nothing here until the sector exists. Change the law and the effect changes with it — see Wëlstere's laws.