Economy of Tavil

Economy of Tavil Republic
Currency	United States Dollar (USD)
Fiscal year	Jan 22-Feb 21
Statistics
GDP	💲759771 ▲
GDP growth	13,75% ▲
GDP per capita	💲438 ▲
Inflation	8.1% (+0.9%) ▲
Population below poverty line	39.4% (+11.3%) ▲
Labour force	9
Unemployment	14.9% (+1.2%) ▲
Average gross salary	💲1,009 ▲
Average net salary	💲893 ▲
Main industries	Agricultural products, food and beverage products, wears, options
External
Exports	Wheat, clothing, fabric, meat, food products, clothing products
Main export partners	Fiji Micronesia Samoa New Zealand Puerto Rico China Japan South Korea European Union
Import goods	Agricultural products, food and beverage products, raw materials
Main import partners	Turkey Australia New Zealand Puerto Rico China United States Japan South Korea European Union
FDI stock	💲0
Public finances
Reserves	💲0
Budget surplus	💲10213 ▲
Revenues	💲759771 ▲
Expenses	💲749558 ▲
Economic aid	💲0 ▼
All values, unless otherwise stated, are in USD, for FY 2022

The economy of the Tavil Republic is largely undeveloped and small. There are currently very few regulations on the Tavil Republic economy and only several businesses operate there. It is split fairly evenly between the public and private sectors. On the Economic Potential Index, Tavil Republic's economy scores 3.

Full breakdown

Currently, the financial sector contributes roughly three-quarters of the Tavil Republic's GDP while the rest comes from the food and beverage industry.

Exports

There is currently no export in the country.

Imports

Tavil Republic of Turkey and Serbia depends on the moment, however, the government announced that it would soon begin to agriculture.

See also

Republic of Tavil