REITZMIC ECONOMIC DATA UPDATE: October 20 2020
Annual living costs (after tax) as % of income: 12%
Annual average savings as % of income: 39%
Government spending in the economy as % of GDP:49%
Nation name (short): Regmotto
Average yearly income (on NationStates):25.7 trillion
Annual living costs (after tax) as % of income:5 %
Annual average savings as % of income:30%
Government spending in the economy as % of GDP:35%
Linked above. First of all, sorry that took so long! Life responsibilities got in the way of my duties here (as things do), but I'm back to work on the Econ system. So errrr LOTS of growth all around! Currency valuations remained stagnant as the service we use to run these calculations is depreciated and no longer works with Nationstates. I'm working on a custom solution for us to use, but in the mean time we will keep valuations constant.
A good bit of general housekeeping was done, clearing out nations that have been removed from our map (@bundesrepublik-lella , @Malborya , @New-Zealand , @Noctoria , Eastern Haane, and @Valhalla ).
@Icholasen , @Gallorum , and @Red-Croatia have all CTEd but will remain in the Econ system for the time being.
@Kingdom-of-Reitzmag I've approved one of your changes, the CoL increase to 12%. The other numbers lack proper justification in the context of Reitzmag in RP.
For future economic stat changes, please be sure to provide a reasonable explaination 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.
Nation name (short):Eretzora
Nation name on NationStates (if different):Goldecia
Average yearly income (on NationStates):123,254
Annual living costs (after tax) as % of income:39%
Annual average savings as % of income:24.2%
Government spending in the economy as % of GDP:41.1%
Population:29,110,000
@BrumBrum I'm sorry but I'm afraid that the ECB will be unable to accept this as submissions must be made by either the nation named in said submission or said nation's puppet master. ((OOC: Submissions have to be made by the individual that is responsible for the respective RP country))
The data itself is acceptable and I'll be happy to process it once @Eretzora verified and submits it themself.
As always, if you have any questions/comments/concerns please direct them to me via Discord (preferred), Forum DM, or NS Telegram.
Nation name (short):Eretzora
Nation name on NationStates (if different):Goldecia
Average yearly income (on NationStates):123,254
Annual living costs (after tax) as % of income:39%
Annual average savings as % of income:24.2%
Government spending in the economy as % of GDP:41.1%
Population:29,110,000
@Eretzora , added to the list! See the link above for your economic data. I've taken into account the custom population listed of 29,110,000 which is less than the potential maximum for your country. Please contact me if this was done in error.
As always, if you have any questions/comments/concerns please direct them to me via Discord (preferred), Forum DM, or NS Telegram.
Keep all economic variables as they were from Austria; however, please cap the population at where it is currently.
@Syndical-Union Noted, the cap at the posted (2020-02-01B) will be reflected in the next update.
As always, if you have any questions/comments/concerns please direct them to me via Discord (preferred), Forum DM, or NS Telegram.
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%
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
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.
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%
@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
@Federico-Alvez said in EU Economic Data:
Government of Gania
Nation 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%
@Eretzora , added to the list! See the link above for your economic data. I've taken into account the custom population listed of 29,110,000 which is less than the potential maximum for your country. Please contact me if this was done in error.
As always, if you have any questions/comments/concerns please direct them to me via Discord (preferred), Forum DM, or NS Telegram.
