Economy in Lasetia

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Economy of State of Lasetia
Rank1
CurrencyLC
EURO
Fiscal year2023
Trade organisationsLasetian National Bank
Statistics
GDP3.598.500 LC (1€ = 100LC)
GDP growth0
GDP per capita514.000 LC
GDP by sectorWeapon Production
Services
Inflation0% for LC
Population
below poverty line
0%
Gini coefficient0%
Labour forceGovernment Sevices
Health Services
Army services
Weapon Producy
Labour force
by occupation
Chemistry Laborant
Student
Farmer
Unemployment0%
Main industriesAgriculture
Services
Weapons
External
ExportsWeapons
Wood
Main export partnersGermany
ImportsFood
Gas
Electricity
Main import partnersGermany
Gross external debt0
Public finances
Public debt0
Budget deficit0
Revenues0
Expenses0
Foreign reserves145.000 LC

The Economy of Lasetia is very small with and average GDP per Capita at around 514.000 LC or 5.140 € per year. This is due because most of the population is under the age of 18. There are laws that allows children from the age of 8 to work in Lasetia.


Economic Activities

Trade

The Trade is very diverse in Lasetia and the Trade between Germany and Lasetia is essential for the survival of the wealth and the State.

Import

The Economy of Lasetia is heavily dependent on German and other Nations import. The main imports of Lasetia are Energy (Oil,Gas), Food, Apartments and deliveries as packages. The Ministry of Import and Dependence is keeping track how much and from where the imports come from.

Exports

Plans are made to create good products to export. The most low-cost way to Lasetia is to use its huge reserve of wood. The State plans to sell Lordship titles some point in the future. They are currently exporting Weapons and Drawing. Weapon, produced out of wood are the national export. This is because the weapon industry and weapon demand has risen slowly higher since the founding of the Lasetian National Army. Another industry that has slowly risen in demand is the coding industry. This is because of the demand after Games and Websites has risen.

Finance

Companies

  • Dornberg Corp

See also

State of Lasetia