features: economy
Statera has a Mixed economy. Meaning that it will have characteristic of both capitalism and socialism. This economic system allows a certain level of economic freedom in the use of capital, and will allow governments to interfere in economic activities to accomplish certain social aims. Both the government and the market forces of my country decide which goods and services should be produced and distributed. Euros are used in Statera, because they are part of the EU. The country has an international airport, that connects them to all the other countries in Europe.
GDP: 448.45 billion USD
GDP per Capita: 49,461.95 USD
GNI per Capita: 51350 USD
Literacy Rate: 99.0%
Life Expectancy: 82.00 years
HDI: 0.898
Employment Rate: 76.8%
Unemployment Rate: 5.1%
Statera follows a very good and smart economical system. Therefore, the Gini coefficient is about 0.26, which is a very good score. This shows that the country is not poor at all and that the inequality in Statera lays at a very low rate.
GDP: 448.45 billion USD
GDP per Capita: 49,461.95 USD
GNI per Capita: 51350 USD
Literacy Rate: 99.0%
Life Expectancy: 82.00 years
HDI: 0.898
Employment Rate: 76.8%
Unemployment Rate: 5.1%
Statera follows a very good and smart economical system. Therefore, the Gini coefficient is about 0.26, which is a very good score. This shows that the country is not poor at all and that the inequality in Statera lays at a very low rate.
most common way how money is made in statera
Socio economic characteristics: Today most of the people living in the biosphere reserve earn their living mostly from tourism, fishing and agriculture. Traditional land use forms as well as traditional fishing methods are still maintained in the area. The biosphere reserve is especially known for sustainable small-scale cod fishery which is a model for other regions. Statera's economic growth mainly happened due to their excellent offer of raw materials and natural resources. It has one of the most high standards of living in Europe and a robust, unified welfare system due to exporting goods all over Europe. They boosted their economy with selling raw materials, fishery and gases. Moreover, tourism brings money into the economy of Statera (read more below). Statera has many different terrains and habitats, each with a variety of products and natural resources which are so well valued in the world but are mainly made here in Statera. Selling these goods allows Statera to be wealthy and helps the country to stay in a good economic situation.
key industries
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imports
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exports
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medical features and educational system
The healthcare system in Statera provides free access to basic healthcare to all citizens and residents of Statera, as well as tourists and those staying in the country on a temporary basis. Basic healthcare in Statera includes treatment in public hospitals, medication, basic dental care and some specialist consultations. Statera has a high standard of compulsory state funded healthcare. Private healthcare is also available in the country. There are three areas of social insurance in Statera: Health, accident and pension. The Stateran healthcare system is based on statutory social insurance, regulated by law. In Statera, there are about 20 social insurance institutions under public law. As soon as a person takes up occupation they are automatically covered by insurance. Insurance contributions are calculated on the basis of a person’s income. All insured people have a legal right to a large number of benefits. The main principles are solidarity, affordability and universality. The public healthcare system and health insurance in Statera is a truly inclusive system. It covers virtually every health issue and medication requirement, and protects all members of society. The system also benefits spouses and children of those who work in Austria and are covered by the worker’s medical insurance.
The public education system is free from primary to higher education. Although compulsory education is only up to 16 years of age, more than 80% of students go on to study in the following education levels. Education is divided into the following levels: preschool, primary education, secondary education (which includes lower and upper secondary school), and higher education. Education is compulsory for every citizen up to 16 years of age. The education is government funded and free of charge, as well as open to all. There are private, public as well as international schools. It is made in such a way that students are able to achieve the best they possibly can without being too harsh as seen in schools in other countries. Teachers is a hard job and becoming a teacher is not easy in Statera. Before starting pre-school most children in Statera benefit from day-care services such as nurseries and kindergarten. Pre-school, which is optional, is followed by nine years of compulsory education in primary and lower secondary school. There is an optional tenth form. The upper secondary education system includes a range of opportunities. Academic programmes allow students to apply for entry to higher education. Vocational programmes are aimed at direct entry to the labour market.
The public education system is free from primary to higher education. Although compulsory education is only up to 16 years of age, more than 80% of students go on to study in the following education levels. Education is divided into the following levels: preschool, primary education, secondary education (which includes lower and upper secondary school), and higher education. Education is compulsory for every citizen up to 16 years of age. The education is government funded and free of charge, as well as open to all. There are private, public as well as international schools. It is made in such a way that students are able to achieve the best they possibly can without being too harsh as seen in schools in other countries. Teachers is a hard job and becoming a teacher is not easy in Statera. Before starting pre-school most children in Statera benefit from day-care services such as nurseries and kindergarten. Pre-school, which is optional, is followed by nine years of compulsory education in primary and lower secondary school. There is an optional tenth form. The upper secondary education system includes a range of opportunities. Academic programmes allow students to apply for entry to higher education. Vocational programmes are aimed at direct entry to the labour market.
taxation
The rule is: the higher your taxable income, the higher the rate of taxation. Most of Statera's citizens earn quite a lot of money, which means the taxation is quite fair. With charging the citizens for taxing, depending on their income, he government is able to notice the low income earners. Everyone over 18 will be taxed, how much depends on their earnings. The taxation rates vary from 11% to 44%. The money that is made from taxation is used for schools, infrasturcture, factories, rebuilding transport, panels, bicycle paths and other buildings.
Inflation
0.72%