Norgsveldet: Difference between revisions

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While An organised military existed in 1594, however it was divided between the seperate kingdoms. During the act of unity the millitary was fully unified. The most recent military conflict being the border conflicts between [[Dvalheim]] and [[Tiervan]]. The total budget of the millitary is 238 billion UKR ($119 billion). The Norgsveltian navy has 1 nuclear aircraft carrier, 2 non nuclear super carriers, 1 small STOL aircraft carrier, 2 helicopter carriers, 1 landing platform, 4 Guided missile Destroyers, 5 air warfare destroyers, 7 ground warfare destroyers, 36 frigates, 35 submarines, 39 patrol vessels and 8 Oilers 3 Replenishment Vessel. The navy also hold several transporters, but it uses in most cases LSD's which it has 5 of, for specific missions. Norgsveldet also holding a nuclear stockpile of 300 nukes. Norgsveltian military also operate 20 satelites, 14 of which is jointly operated by all of the [[North Concordian Economic Forum|NCEF]]. The Norgsveltian military having served as big role in the region, with it having the highest budget in both [[Union of Commonwealth Alliances]] and [[North Concordian Economic Forum]]. Making it the second largest military in Concord, only being again beaten by the super power of [[South Hills]]. With its navy being one of the largest in the world.
==Economy==
Norgsveldet has a social market economy or also called Hælan Capitalism after the river Hælan, with low unemployment rate at 2,2%, highly skilled labour force and high level of innovation. The country is one of largest economies in the world, being the largest economy in [[North Concordian Economic Forum]] and second largest economy on Concord with total nominal gdp of $3,79 trillion and a high gdp per capita of $45,109. Norgsveldet has large service industry which make up 23% of its employment also making up large part of its economic output, a lot thanks its tourism industry, though banking, transportation and retail all make big industries in Norgsveldet as well. According to stats from 2020, agriculture sector contribute 3% of Norgsveldet's entire gdp. Though almost all agriculture production comes from Nyveldet. As such the agriculture sector is well protected, though in recent years the sector has gotten less subsides. Fishing industry makes up around 10% of Norgsveldet's gdp, with almost half coming from Norgsveldet's Gondwanan territories.
 
Norgsveldet's main export comes mostly from fishing, military armament and equipment, heavy machinery and equipment, vehicles, electronic products, lumber, pharmaceuticals, electrical equipments, transport equipments, semiconductors and auto parts. With Norgsveldet importing raw materials for its industries, fossil fuels, agriculture products, chemicals and uranium.
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