Strongest eRepublik Economies - 2016
Major Lee Hung
Dear citizens,
As we approach the new year, I present my annual economic analysis. This year my focus is on which countries have the greatest economic model? Which countries provide their citizens the greatest return on investment, and which countries have a weak or buckling economy?
You'll find the list at the bottom.
Return on Investment
If you're just a wondering trader, the greatest country for you to reside in is Ukraine, with excellent bonuses and a very business-friendly model. Military strength protects this position.
By contrast, excluding countries either under or facing the threat of a 'wipe', Colombia are the least business-friendly country you can go to, and should be avoided for private enterprise.
Fun Fact: If you were to buy an aluminimum mine in Ukraine, it would take you a mere 7 months to recuperate the cost and begin making pure profit. Colombia stands at exactly double, taking 14 months before you begin to see any return.
Wall of Fame
The usual suspects, such as Poland and Brazil, are only slightly behind Ukraine in the general profitability of their citizens' businesses.
Interestingly, some smaller countries such as Thailand, Latvia, Finland and the United Kingdom all stand out for their business-friendly economies, all requiring just 8 months before your raw material company pays for itself. The four also boast friendly market conditions and high economic activity.
Thailand, Slovenia and Latvia also stand out not only for individual's profitability, but the revenue per citizen those countries take in. Despite the low taxes, these countries still have some of the greatest revenue per citizen, no doubt a direct result of their extremely high economic activity.
Speaking from experience, I know for a fact that eThailand boasts a massive trade surplus, exporting almost 3 Q7 tanks per citizen per day. (Alone worth a staggering £13kcc per citizen per month) I imagine there's a similar story in Slovenia, Latvia and the UK.
Wall of Shame
USA stands out as an anomaly, with a strong military but a very weak economy. Overall activity per person falls well behind two-thirds of the eWorld, despite being bolstered greatly by friendly import policies.
Recirculating government money would appear to dominate the US economy. On the other hand, the USA does have to be commended for proving that with the right military strength and international weight, a socialist economy can still be a strong, successful model in eRepublik, though to the detriment of private individuals.
The Republic of Macedonia comes in at a close second, proving that volatility is indeed a significant factor in eRepublik economics. Constant war with neighbours can be the only explanation for such weak economic activity, and I suspect RoM also boasts the largest trade deficit too.
The List...
The index used on the list looks at each country from the perspective of its citizens, and doesn't include a high-level look at economic activity and market conditions. It's best suited for those wishing to create less than 50 companies total, exporting mostly raw materials. The aim is to look at which country will provide you the biggest income to supplement day-to-day activities.
Comments
I have a lot of data available, so let me know if you'd like to see any other analyses!
I was unable to elaborate on a lot of the above, otherwise the article would become a 40 page essay... if you'd like clarification in a future article on any aspects however feel free to request it.
nice analyzes
like to read some more in the next papers 🙂
не разбирам оовој податок лош е за нас или добар?
najlos 🙂
Interesting 🙂
fantasy ranking
Great article
sad but true story about Macedonia.
I left the Macedonian community and took Hungarian CS because of the unbearable business conditions with high taxes and low production bonuses because of the resources available.
overall Macedonia has maybe the worst economy strategy on eRepublik.
Quite a common theme - a lot of those are the top of the list are dominated economically by people who started in different countries. I know Argentina and Poland are also great examples of countries who benefit hugely from hosting citizens of allies for production purposes.
when taxes revenue is used for the right purpose (or according to a known and widely accepted plan), I personally would not have any problem with the high Macedonian taxes in the moment.
But baring the weight of whole country's economy on the shoulders of few players that have large number of companies and not offering good financial plan or strategy what to do with the tax money by the Government is not acceptable for me.
I have 200 companies that I work everyday and in Macedonia that costed me around 1000 cc a day with out salaries (just work tax)
Theoretically, you can make 35 - 40% more per dollar invested in any of the top 11 countries from the list than you can in Macedonia if you sold only WRM.
People often greatly underestimate just how much influence the average salary & work tax rate has on their profitability - USA is a prime example of a region with big WRM bonuses, but you're still only going to be making 50% of the profit you'd make in Ukraine who have the exact same bonuses.
No disrespect to the powers that be in Macedonia, but they could be at least 20 places higher if they got their policies right.
I have collected 3000 working tickets in Macedonia with average salary of 50-55 cc. and now I'm using them to produce tanks in Hungary with 100% bonus production.
USA is fat the worst place for production when it comes down to salary and taxes 🙂
chile used to be no.1 🙁((
V
Good stuff & thai master race.
Mexico #7
At least we are inside top10 of something.
Mexico was very close to #1 🙂 Ukraine just has a slight edge when it comes to net profitability.
Did you look that now we have 80% of weapons since somw hours ago? XD
Haha it must have been after I wrote the article... no way I'm doing all of that again! 🙁
Maybe with 80% we are at least top2
where is south korea in the table? 🙂
I always forget one 😨
They'd be slightly below 0 on score, probably in #42 which can't be helped with only 1 region.