Economy of the Hurian Federation
| Economy of the Hurian Federation | |
|---|---|
|
File:Kimbilio Economic Center at night.jpg The business center of Kimbilio at night | |
| Rank | 2nd (nominal) / 3rd (PPP) |
| Currency | Hurian fedha (₣) (HRF) |
| Fixed exchange rates | $2.346 USD = ₣1 HRF |
| Fiscal year | May 1st–April 31st |
| Trade organisations | Closed Economy/Limited Trade |
| Statistics | |
| GDP |
$10.517 trillion (2013) (nominal; 2nd) $10.517 trillion (2013) (PPP; 3rd) |
| GDP growth | +8.47% (2013) |
| GDP per capita |
$44,986 (2013) (nominal; 9th) |
| GDP by sector | agriculture: 3.5%, industry: 26.7%, services: 69.8% (2009 est.) |
| Inflation (CPI) | 0.67% (2013 est.) |
| Population below poverty line | 0.03% (after taxes and transfers) |
| Gini index | 27.1 (2013) |
| Labour force | 143.8 million (2013 est.) |
| Labour force by occupation | agriculture: 2.6%, industry: 42.1%, services: 55.3% (2005) |
| Unemployment | ~0.05% (2013 est.) |
| External | |
| Ease of Doing Business Rank | Unknown; Hurian economy closed to outside world |
| Exports | $213.524 billion (2013 est.) |
| Main export partners |
 India 47.2% China 33.1% Kenya 7.6%File:Flag of Tanzania.png Tanzania 5.3% File:Flag of Sri Lanka.png Sri Lanka 4.1%  Indonesia 2.7% |
| Imports | $107.143 billion (2013 est.) |
| Main import partners |
China 36.8% India 21.8% Kenya 17.4%.png){kind=small} Ethiopia 13.1% Indonesia 10.9% |
| Public finances | |
| Revenues | $8.554 trillion (2013 est.) |
| Expenses | $6.806 trillion (2013 est.) |
| Economic aid | None |
| Credit rating |
|
| Foreign reserves | $68.342 billion (2013 est.) |
| All values, unless otherwise stated, are in US dollars | |
The economy of the Hurian Federation is second largest in the world at $10.517 trillion, and with a GDP (nominal) per capita of $44,986, the 15th largest in the world. The Hurian economy is an autarky, in which the nation has closed off its ports to most countries, and engages in little trade with other nations. The majority of Huria's needs are met at home. This process took some thirty years to fulfill, and has given the nation economic stability, protecting it from the economic balloon effects that rocked the world over the last half-century. Huria is the world's largest arms manufacturer, and a major leader in industrial turnout production. Hurian industries focus on reliablity, ease of production, and longevity.
Huria is debt-free, and owes nothing to any other nation in the world. They refuses to offer economic aid to any country, and for most of its history, banned foreign imports from most nations to prevent the possibility of creating debt. To keep the economy afloat, the nation by way its harsh laws, has been able to cut areas deemed unneccessary to the growth of the nation, meaning that while the people are healthy and relatively free of burdensome taxes, working conditions are terrible, and child labor laws are non-existent. The nation has since economic growth of 15.8% in the 1970s, 11% in 1980, 8.8% in the 1990s, and has had constant economic growth of 8.47% since 2000. Refusal to open up the nation's economic infrastructure to foreigners has prevented Huria from becoming overly-dependent on trade like the United States and China.
Because of the stability of the economy and the government's oversight, inflation, unemployment, and poverty are practically non-existent. Though this has more to do with the fact that the government will ensure that the unemployed either work or die, even if the conditions and the work are found to be unfavorable to the worker. Thus far, Huria's belief in self-reliance in the economic fields at home have helped it through hard times, and work to ensure that this growth continues well into the future is one of the government's top priorities. Huria has since developed a very powerful economy which has sustained itself on the resources of the home island, and survived events such as the Great Depression, the 1973 oil crisis, and the more recent Great Recession.