Economy of Tavil
|Economy of Tavil Republic|
|Currency||United States Dollar (USD)|
|Fiscal year||Jan 22-Feb 21|
|GDP growth||13,75% ▲|
|GDP per capita||💲438 ▲|
|Inflation||8.1% (+0.9%) ▲|
below poverty line
|39.4% (+11.3%) ▲|
|Unemployment||14.9% (+1.2%) ▲|
|Average gross salary||💲1,009 ▲|
|Average net salary||💲893 ▲|
|Main industries||Agricultural products, food and beverage products, wears, options|
|Exports||Wheat, clothing, fabric, meat, food products, clothing products|
|Main export partners|| Fiji|
|Import goods||Agricultural products, food and beverage products, raw materials|
|Main import partners|| Turkey|
|Budget surplus||💲10213 ▲|
|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.
Currently, the financial sector contributes roughly three-quarters of the Tavil Republic's GDP while the rest comes from the food and beverage industry.
There is currently no export in the country.
Tavil Republic of Turkey and Serbia depends on the moment, however, the government announced that it would soon begin to agriculture.