Here is an updated version of the economy of Amistan. The economy of Amistan is highly diversified, with many sectors, but manufacturing is the largest of all, accounting for 36% of the economy. Amistan's GDP is currently at $1.511 trillion USD with 4.3% GDP growth, and the country's GDP per capita sits at a high of $12,323. The main corporations of the country by number of employees include Amistan Federal Industries (state-owned 120,000 employees), Amistan Railways (state-owned 225,000 employees), United Energies (Private 164,000 employees), Stockton Defense Systems (Private 276,000 employees) and Intersystems Corporation (Private 370,000 employees) . These companies are the backbone of Amistan’s economy as they employ large numbers of workers. Amistan Federal Industries is the state-owned company of the government and is mainly involved in manufacturing and construction within Amistan. Amistan Railways is the main railway company within the country and is responsible for managing passenger and cargo trains. United Energies is the sole supplier of power to all of Amistan and is responsible for the mining and production of energy resources such as uranium, coal and oil in the country. Stockton Defense is the defense company in Amistan, supplying 60% of the equipment to Amistan’s military. It also produces the majority electronic and aerospace equipment in the country for civilian purposes as well. The citizens of Amistan enjoy high living standards, with the HDI sitting at 0.871, although there is a large inequality and quality of living gap between the west of the country and the east of the country. The inequality dates back to the civil war as most of the fighting took place in the east. Despite this, the economy of Amistan continues to grow since the federal government launched an infrastructure program in 2050 to improve GDP growth and connectivity throughout the whole country. It cost the Federal Department of Transportation over $323 billion but repaired and built over 135,000 miles of newly paved roads, updated 20,000 miles of railways, expanded 11 shipping ports, and upgraded 23 major airports. This connectivity enabled Amistan's economy to grow from a middle income economy to an upper middle income economy. The official currency of Amistan is the Amistan Federal Dollar (AFD) which was first established in 1888 and initially called the Amistan Dollar. The name was changed in 1994 to the AFD following the establishment of the Federal Republic of Amistan after the civil war. As of 2094, it trades at 120 Federal Dollars to every one US dollar. For the first 40 years of its establishment, the Amistan Dollar has been relatively stable until the Great Depression. The Great Depression brought inflation up to double digits with inflation continuing to rise to triple digits during the days of the Civil War. Following the end of the civil war, inflation came down to 16.7 percent in 1998. Inflation would continue to drop to its lowest point in 2005 at 10.2 percent. However, inflation would start rising again around 2010 due to ramped up government spending on the military with inflation hitting 88 percent. By the 2030s, inflation would fall down to a normal 3.3% the lowest it has been since 1928 nearly a century ago. Down below is a graph of the average inflation rate of the AFD since 1950.
Overview of Amistan
