Economic growth peaks again, analytic data shows substantial
financial and even improvement of life quality nationwide
For the second time in 1423, Ionian export and manufacturing profits have peaked, marking the
quickest economic growth in the nation's history since many decades. Expert economic analyst
Klauss Tølvet recently published 1423's detailed analysis, giving important information on data.
The annual GDP growth rate has been pinpointed at a stable 9.4%, giving way to some
notable changes; at this rate, by mid or late-1424 the GDP (PPP) of Ionia will have ad-
vanced to $238.7 billion (597.7 billion Ɱ), the GDP (PPP) per capita will rise to $29,505
(73,763 Ɱ), a $2,493 increase. The Gross National Income per capita will be almost as high
as today's GDP per capita at $26,558 (66,395 Ɱ), a $2,556 increase from today's $24,002.
A surprising population increase of 0.14%, boosting the number to 8,089,047 has also
unexpectedly raised several other factors such as the Mean and Expected Education index,
and favorable and improving life conditions have also possibly set the life expectancy to
82.6 years in the near future. All of these factors have also consequently possibly increased
HDI to 82.6 years, making another drastic change due to unexpected growth and increases.
As for the different manufacturing sectors, electronics and vehicles roughly dominate by
around 60-80%, in correspondence with the larger companies' budget increase. Especially
prominent in these sectors have been Jon, Waypoint, PBW, MKV and Fayrer. Vehicle output
has increased nearly double, along with electronics. Raw materials such as petroleum, Rare-
Earth metals and ores have decreased substantially while previously unusual exports such
as electricity, silverware and overall plastics equipment have increased. Although a slight
decline is in sight due to unfavorable weather conditions, these rates are not expected to
change substantially at least until the end of the year.
Uploaded by Sel, 11/09/1423