People's Republic of Loyan
Government Type: Democratic Republic
conventional long form: People's Republic of Loyan
conventional short form: Loyan
local long form: Loyanese Republic
local short form: Loyan
former: People's State of Loyan, Republic of Loyan
Nationality: Loyanese
Population: 89 820 000 registered citizens
Birth Rate: 11.3/1000
Death Rate: 9.1/1000
Migration Rate: 500 annual quota limit
Life Expectancy: 70 years
Languages: English (Official), Loyanese
Literacy Rate: 100%
Religion: Atheist 40%, Taoism 12%, Ancestral Worship 48%
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Land Area: 550 000 sq.km
Climate: Equatorial Tropics
Terrain: coastal mountains, interior highlands, tropical foliage, sparse grasslands/marshes, rolling hills
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Capital: San Anyia
Administrative Districts: Anyia, Sui, Yai, Mei, Yao, Lai, Wai
Administrative Levels: State, Districtorial, Municipal
Political Titles: Districtor (one year term), Administrator (two year term), Mayor (five year term)
Head of State: Chancellor (ceremonial)
Suffrage: 18 years of age, universal
State Legislative Branch: Parliament of Loyan
State Judicial Branch: State Court of Loyan
Constitution: Parliament Legislation Bill, Charter of Liberties, Plegde of Duty
Legal system: Civil law, corporal and capital punishment, ostracization
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GDP (nominal): $3 072 742 200 000
GDP Per Capita (Official): $34,210
GDP Per Capita (PPP): $34,210
Average Income Tax: 31.5%
State Sales Tax: 5% (food and education goods/services exempted)
Corporate Tax: 1%
Employment Sector: 5.5% primary 43.8% secondary 50.7% tertiary/information
GDP Sector (Estimate): 4.5% primary 38.2% secondary 57.3% tertiary/information
Unemployment Rate: 3.88%
National External Debt: $17,323,032,000
Economy Type: Free Market/Trade
Average Income (median): $52,500
Average Income Range (private - 10% lowest vs. 10% highest): $17,370-$328,326,320
Estimate Cost of Adequate Living: $6,800 annual minimum (food, rent, necessities)
Agricultural Products (major): Cattle, Sheep, Goat, Wheat, Millet, Rice, Barley, Soybean, Sugarcane, Hemp, Fish, Tropical Fruits
Major Mineral/Natural Resources: maganese ore, titanium ore, natural gas, tungsten ore, gold, copper, nickel
Industries: mining, oil processing, heavy machinery, shipbuilding, electronics, military hardware, chemical processing, metal alloys, precision tools, IT, commercial fishing, durable goods, compact vehicles, plastics, nuclear energy, aircraft
Commerce Hubs: Na Sui (port), San Anyia, Lai (port), Na Wai
Int. Airports: Balin International Airport (BIA)
Oil Production: 152,000 barrels per day
Oil Consumption: 2,270,000 barrels per day
Oil Exports: 1,500 barrels per day
Oil Imports: 2,393,000 barrels per day
Oil Reserve: 13.30 billion barrels estimate
Natural Gas Production: 72 billion cubic metres
Natural Gas Consumption: 72 billion cubic metres
Natural Gas Reserves: 1.8 trillion cubic metres proven (2.1 trillion estimate)
Natural Gas Exports: None
Natural Gas Imports: None
Nuclear Reactors: 60
Nuclear Electricity Production: 348.2 terawatts-hour
Total Electricity Production: 643,720,000,000 kilowatts
Electricity Production Distribution: Fossil Fuels 32%/ Nuclear 54%/ Tide & Solar 2%/ Wind 7%/ Hydro 3%
Major Trade Partners: Terranger, Canada, Saletsia, Mor'os, Collosean, Osafune, Serid, Xyrael
The PRL at present is enjoying a prosperous economy and an high standard of living. Economic reforms and free trade policies have largely eliminate any evidence of the past socialist economy, evolving into a developed free market with a high technological standing. Private business and enterprise enjoy much freedom and incentive from the government, as well as low commercial tax rates.
Economic growth has spurt out inflation over the years, but remains stable and controlled. The economy is moving from a secondary to a tertiary base player, as noted in the increase in commercial and finance services in urban centers. In any case, manufacturing and mining remain well-established components of the economy, which benefit from the country's rich mineral reserves and technological expertise. Exports range from hi-tech consumer goods to popular CVs.
Much of the country is urbanize, with over 91% of the population living in major metropolises and small fraction living in rural villages that are quickly being swallow up by urban developers. Overall, Loyan is an attractive host to commerce, enjoying visible economic growth in every sector.
