Economy

The Economy in TNO is a mostly unique and very in depth in-game mechanic which allows players to manage their nation's inflation, trade, expenditures, tax rates, and debt and much more. TNO's economy mechanic has existed within its current state since the Toolbox Theory update. All of the economy in TNO is calculated in measures of 1960 USD, even if, of course, the world doesn't only use this currency.

Macroeconomics

GDP

The GDP mechanic includes two functions, the main GDP mechanic, and the GDP growth.

Base GDP mechanic

Three sub-notions are included in this. The first one, Surplus, happens when the nation's revenue is higher than its expenditures. Its effects are that it makes Inflation go up and GDP growth go down. The second one, Deficit, happens when the nation spends more than what it has. This greatly affects a nation's economy by weakening Inflation and investing in GDP growth, however, it also fills it's debt and, in the long term, could put it in Financial Crisis. Finally, the third one, Reserves, which fills up after some focuses or when the national budget is in Surplus.

The different economic warnings of TNO

GDP Growth mechanic

The GDP Growth mechanic is determined by subtracting Inflation to the Nominal GDP Growth. It greatly affects a nation's economy by expanding your states GDP.

Inflation

Inflation is one of the most annoying economy feature in TNO, since there is not many ways to relieve the effect of inflation without damaging your economy in the process. Another option in the inflation subsection is the "Money Creation" slide bar, which, if you activate it, will give you money but at the expense of making Inflation go up and cause GDP growth to worsen.

Debt

Debt is another mechanic of the Economy in TNO. It has a ceiling determined by one's credit rating. It reduces when the budget is in surplus but worsens if the budget is in deficit.

Spending

Spending is divised into 4 sub-spendings :

• Military spending, the cost to maintain soldiers, ships, an airforce, nukes and more
• Civilian spending, all the costs that go into healthcare, welfare, education. and social systems
• Debt servicing, the money that goes into repaying the interests on debt owed
• Other costs, all things that are miscellaneous

Revenues

Revenue is also divised into 4 sub-revenues :

• Income tax, mostly known as tax on the working populace.
• Business tax, taxes on the industries, small medium enterprises and big businesses
• Excise revenue, the money that comes from exports and tariffs.
• Other revenue, all money that comes from other sources.

Economic Warnings

There exists a total of five economic warnings to warn the player about their bad handling of a country's economy that could potentially lead to a fiscal crisis, these are :

• Negative real growth, where the national GDP growth is in the negative.
• Inflation critical, when the national inflation goes above the line of 30% inflation.
• Extremely high deficit, after the nation attains a deficit of more than 10% of your GDP each year.
• Critical debt, when the national debt becomes too high and too difficult to handle.
• Bloated reserves, when the national reserves cross the line of around 10% of the nation's GDP.
• Fiscal crisis, when almost all of these warnings are combined, and gives the player a debuff named "Fiscal Crisis".

Countries by Macroeconomic Stats

The World

Country	GDP	Inflation	Debt	Credit Rating
Afghanistan	$721M	0.000%	$0M	Good
Aïr	$116M	0.070%	$0M	Good
Argentina	$24450M	19.000%	$1230M	Good
Australia	$17910M	1.670%	$0M	Fair
Azad Hind	$9780M	0.000%	$6310M	Good
Azawad	$2M	0.070%	$0M	Good
Brazil	$24170M	31.300%	$6800M	Mediocre
Bulgaria	$3560M	0.000%	$2210M	Fair
Burgundy	$5060M	7.100%	$2700M	Junk
Burma	$2360M	0.000%	$0M	Good
Cameroon	$913M	0.070%	$0M	Good
Canada	$20650M	2.230%	$0M	Exceptional
Chile	$5250M	16.700%	$446M	Acceptable
China	$37590M	2.600%	$41260M	Acceptable
Colombia	$3490M	1.400%	$0M	Good
Costa Rica	$431M	0.070%	$0M	Good
Croatia	$763M	0.000%	$874M	Fair
Cuba	$3440M	0.000%	$0M	Good
Denmark	$4680M	0.860%	$0M	Fair
Dominican Republic	$1180M	0.560%	$0M	Acceptable
Ecuador	$1520M	1.400%	$0M	Good
Egypt	$3490M	0.000%	$1990M	Good
El Salvador	$635M	0.070%	$0M	Good
Finland	$7120M	0.000%	$4160M	Fair
France	$32240M	0.100	$5560M	Fair
Free France	$433M	0.120%	$0M	Good
Gbeland	???	???	???	???
Greater Germanic Reich	$225640M	5.400%	$240960M	Exceptional
Ghana	$363M	0.070%	$0M	Good
Greece	$3140M	0.000%	$2100M	Fair
Guangdong	$21210M	1.950%	$3210M	Good
Guangxi	$1960M	0.000%	$0M	Fair
Guatemala	$1020M	0.310%	$0M	Good
Guinea	$423M	0.170%	$0M	Good
Guizhou	$1160M	0.000%	$0M	Fair
Haiti	$349M	0.560%	$0M	Terrible
Honduras	$348M	0.070%	$0M	Good
Hungary	$3670M	0.000%	$2930M	Fair
Iberian Union	$24210M	7.000%	$6080M	Fair
Iceland	$322M	0.560%	$0M	Fair
India	$23190M	0.000%	$10620M	Good
Indonesia	$5850M	3.300%	$2510M	Poor
Iran	$5320M	0.000%	$0M	Good
Iraq	$2160M	0.000%	$0M	Good
Ireland	$2540M	4.100%	$1240M	Acceptable
Italian Empire	$104270M	4.690%	$56110M	Good
Japanese Empire	$251450M	2.500%	$260510M	Prime
Jinsui	$1430M	0.000%	$0M	Fair
Jola	$52M	0.070%	$0M	Good
Kampuchea	$637M	0.000%	$0M	Good
Kanem	$8M	0.070%	$0M	Good
Laos	$514M	0.000%	$0M	Good
Liberia	$176M	0.090%	$0M	Good
Madagascar	$632M	0.000%	$0M	Good
Mali	$74M	0.110%	$0M	Good
Manchuria	$34780M	3.200%	$32330M	Good
Mendi	$273M	0.130%	$0M	Good
Menjiang	$1200M	0.000%	$0M	Fair
Mexico	$16890M	7.000%	$8200M	Good
Montenegro	$95M	3.120%	$3M	Fair
Mossiland	$94M	0.070%	$0M	Good
Mosul and Kirkurk	$460M	0.000%	$0M	Good
New Zealand	$5450M	1.340%	$0M	Fair
Nicaragua	$238M	0.070%	$0M	Good
Oman	$46M	2.600%	$0M	Good
Panama	$586M	0.070%	$0M	Good
Paraguay	$458M	0.560%	$53M	Mediocre
Peru	$3290M	6.640%	$213M	Good
Romania	$6450M	1.000%	$4620M	Fair
Serbia	$896M	0.000%	$513M	Fair
Slovakia	$2180M	0.800%	$678M	Fair
Sokoto	$249M	0.070%	$0M	Good
South Africa	$8270M	3.500%	$4980M	Acceptable
Sweden	$16800M	0.860%	$0M	Fair
Switzerland	$11680M	2.000%	$3210M	Fair
Syria	$676M	0.000%	$0M	Good
Tibet	$120M	0.000%	$0M	Fair
Thailand	$3740M	0.000%	$0M	Good
Trarza	$8M	0.070%	$0M	Good
Turkey	$10680M	0.000%	$0M	Good
United Kingdom	$85900M	3.120%	$42130M	Acceptable
United States of America	$322720M	6.300%	$254510M	Prime
Uruguay	$1710M	0.560%	$0M	Poor
Vatican City	$1M	1.000%	$0M	Fair
Venezuela	$8050M	1.670%	$0M	Good
Vietnam	$2380M	0.000%	$0M	Good
Wolofia	$452M	0.070%	$0M	Good
Xinjiang	$680M	0.000%	$0M	Fair
Yemen	$63M	2.500%	$0M	Good
Yorubaland	$264M	0.070%	$0M	Good
Yunnan	$2360M	1.300%	$1300M	Mediocre

The Russian Warlord States

Country	GDP	Inflation	Debt	Credit Rating
Amur	$131M	1.120%	$13M	Terrible
Aryan Brotherhood	$474M	0.500%	$396M	Terrible
Bashkortostan	$793M	1.040%	$141M	Poor
Buryatia	$233M	1.800%	$0M	Poor
Chita	$176M	1.000%	$3M	Mediocre
Free Aviators	$23M	1.040%	$10M	Poor
Gorky	$1040M	1.040%	$141M	Poor
Irkutsk	$525M	1.200%	$73M	Mediocre
Kamchatka	$71M	1.040%	$10M	Poor
Kemerovo	$1870M	2.500%	$9M	Poor
Komi	$390M	1.600%	$73M	Poor
Krasnoyarsk	$961M	1.040%	$120M	Poor
Magadan	$165M	1.800%	$140M	Mediocre
Magnitogorsk	$120M	2.500%	$40M	Terrible
Novosibirsk	$2300M	2.500%	$800M	Mediocre
Omsk	$320M	1.100%	$20M	Terrible
Order of Saint George	$119M	1.040%	$0M	Poor
Orenburg	$900M	3.100%	$60M	Terrible
Dirlewanger Brigade	$70M	2.500%	$10M	Terrible
Oyrotia	$211M	1.040%	$23M	Poor
Samara	$1420M	0.750%	$431M	Mediocre
Siberian Black Army	$335M	1.140%	$14M	Not any
Sverdlovsk	$603M	1.500%	$120M	Poor
Tatarstan	$1030M	1.040%	$141M	Poor
Tomsk	$790M	1.400%	$357M	Mediocre
Tyumen	$1410M	0.700%	$534M	Terrible
Ural League	$209M	1.600%	$35M	Mediocre
Vologda	$562M	1.110%	$81M	Poor
Vorutka	$38M	1.040%	$4M	Poor
Vyatka	$914M	1.120%	$15M	Mediocre
West Russian Revolutionary Front	$385M	1.200%	$64M	Poor
Yakutia	$59M	1.040%	$10M	Poor
Yugra	$76M	1.040%	$13M	Poor
Zlatoust	$1490M	1.800%	$981M	Mediocre

See also

Credit Rating

Economy Type