EU Economic Data
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United Duchies ECONOMIC DATA UPDATE: March 8th 2021
Annual living costs (after tax) as % of income: 42.7%
Annual average savings as % of income:11.1%
Government spending in the economy as % of GDP:46.1% -
Nation: Kaitsja
Nation name on NationStates: Vegenda
Average yearly income (on NationStates): 86,520.45
Annual living costs (after tax) as % of income: 30%
Annual average savings as % of income: 27%
Government spending in the economy as % of GDP: 47% -
(OOC: After closer inspection of the Econ rules, I have realized Ruthund's Econ stats are way out of where they should have been allowed. So I wish to change Ruthund's Econ stats to fit within a plausible range and for it to it within the Econ rules. If you have concerns that this might bolster Ruthund's economy or something, know that I have run the numbers and I am doing this knowing that Ruthund's GDP is going to take a hit.)
Nation: Ruthund
Nation name on NationStates: Kalmara
Average yearly income (NS): 148,144.18
Annual Living Costs: 27.42%
GFCI: 24.68%
Government Spending: 47.90% -
ECB Update 2021-04-19
Linked above. Currency evaluations are back with a good bit of shifting back and forth across the board. No noted drops in economic output, but continued wage stagnation in Europe's larger economies. Huge props to @Alkharya for almost doubling their currency evaluation leading to some huge gains on the international stage.
@Icholasen , @Gallorum , and @Red-Croatia have CTEd but will remain in the Econ system for the time being.
@Ruthund statistics changes approved.
@BrumBrum , we require that a brief justification is submitted whenever changes to statistics is made (1-2 sentences).
@Moriagaru , please place all data and forms pertaining to the Econ system in this thread. Furthermore, I am missing some data to complete your workup. Please provide your annual average savings as % of income (GFCI) and government spending in the economy as % of GDP (Govt Consumption) so I can put you in the system. :)
@Kaitsja , Welcome! Your data is in the update linked above. :)
Just a quick reminder: For economic stat changes, please be sure to provide a reasonable explanation as to why these new figures better represent the current situation in the country in question.
As always, if you have any questions/comments/concerns please direct them to me via Discord (preferred), Forum DM, or NS Telegram.
Best, Fremet
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United Duchies ECONOMIC DATA UPDATE: March 8th 2021
Annual living costs (after tax) as % of income: 42.7%
Annual average savings as % of income:11.1%
Government spending in the economy as % of GDP:46.1%Living costs have increased due to increased housing costs due to higher demand and more pressure on services while government have increased government spending to help population and boost popularity.
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Spending update for Inimicus (after reports as found here).
Annual living costs (after tax) as % of income: 24%
Annual average savings as % of income: 26%
Government spending in the economy as % of GDP: 27% -
ECB Update 2021-04-19B
@BrumBrum , changes accepted.
@Inimicus , changes accepted.
Both updates have been reflected in the revised version of the update linked above.
Just a quick reminder: For economic stat changes, please be sure to provide a reasonable explanation as to why these new figures better represent the current situation in the country in question.
As always, if you have any questions/comments/concerns please direct them to me via Discord (preferred), Forum DM, or NS Telegram.
Best, Fremet
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@Federico-Alvez said in EU Economic Data:
Government of GaniaNation name (short): GANIA
Nation name on NationStates (if different):The Federal Republic of Gania
Average yearly income (on NationStates):106,920,
Annual living costs (after tax) as % of income:36%
Annual average savings as % of income:22%
Government spending in the economy as % of GDP: 26% -
Nation name (short): Gadalland and Aspern
Nation name on NationStates (if different):
Average yearly income (on NationStates): 25,916
Annual living costs (after tax) as % of income: 45%
Annual average savings as % of income: 35%
Government spending in the economy as % of GDP: 79% -
Nation name (short):Strathae
Nation name on NationStates (if different):Strathae
Average yearly income (on NationStates): 138,486
Annual living costs (after tax) as % of income:25.80%
Annual average savings as % of income:23.20%
Government spending in the economy as % of GDP:60.00% -
Nation name (short): Selvaris
Nation name on NationStates (if different):
Average yearly income (on NationStates): 92,480 Imperial Notes
Annual living costs (after-tax) as % of income: 30%
Annual average savings as % of income: 20%
Government spending in the economy as % of GDP: 50% -
Re: EU Economic Data
Nation name (short): The Federal Republic of Yosai
Nation name on NationStates (if different): Viljandi
Average yearly income (on NationStates): ¥15,402.46
Annual living costs (after tax) as % of income: 23%
Annual average savings as % of income: 26%
Government spending in the economy as % of GDP: 36%
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ANNOUNCEMENT
Thanks to our local resident @Kingdom-of-Reitzmag the mod team is pleased to announce that the 'Live' Econ Data Sheet they've created will be considered an official Secondary Source for econ data. It will automatically update once a day as 12:00 GMT. The Mod Team aka...well me...will conduct an audit about every two to three weeks to ensure no whacky things are developing with the sheet and will publish an 'official' update then. Please note the Live ECon is not always correct as there are some kinks in the system that are discovered as we use it, but its usable enough for most people I feel. Please let me or @Kingdom-of-Reitzmag know if you see any weird things or have questions about it.
Sooooooo heres the link to the live econ: Click Me Love Me Please
As well as the Official Update as far as I can tell it looks right if you see an issue please bring it up to me otherwise see yall around December 1st: Love Me Click Me
@Gadalland-and-Aspern Check back in about a day or so for your info. Ill update this official posting to reflect you getting added. For whatever reason you've not been added before apologies from the Mod Team....have a chocolate as compensation.
@Montenbourg You appeared to have CTE'd on nationstates, please revive your nation to get back on the datasheet.
@Nofoaga @Pravoslaviya there is currently bug to be fixed with stats for yall your corrected exchanges and Euro GDPs will be reflected sometime tomorrow hopefully. If you need numbers for whatever reason please DM me and Ill get you sorted.
Also @Gadalland-and-Aspern and @Nofoaga the Mod/Admin team is looking into a way to properly reflect yalls joint currency in the econ system. So please bear with us for the moment.
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@Vayinaod Done, thank you
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@Vayinaod Thanks for the information! The joint currency between @Gadalland-and-Aspern and Nofoaga comes into action as from the first of January 2022.
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Nation Name (Short): Kaitsja
Nation Name on NationStates (if different): Vegenda
Average Yearly Income (on NationStates): 90,365.47
Annual Living Costs (after-tax) as % of Income: 30%
Annual Average Savings as % of Income: 27%
Government Spending in the Economy as % of GDP: 49% -
Nation name (short): Ineland
Average yearly income (on NationStates): 76,073 ck
Annual living costs (after tax) as % of income: 32%
Annual average savings as % of income: 23%
Government spending in the economy as % of GDP: 28% -
Approved. Both of y'all. @Kingdom-of-Reitzmag will add y'all to the Live Econ in the coming days.
Everyone else expect a Christmas Time Econ Update.
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Nation name (short): Brickston
Nation name on NationStates (if different):
Average yearly income (on NationStates): D¥180,867.95 (Briekish Dubbeh)
Annual living costs (after tax) as % of income: 15.8%
Annual average savings as % of income: 26%
Government spending in the economy as % of GDP: 34.87%
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@brickston_rep approved.
