Economy of Marienbourg

Economy of Marienbourg
Orangers field in Orangenbäume; oranges exports are the country's main source of income
Currency	Marienbourgish Thaler
Fixed exchange rates	ȶ1 = 1mg AG (Silver standart)
Fiscal year	Calendar year
Statistics
GDP	▲ ȶ2.32 million (2023, PPP) ▲ ȶ578.000 (2023, nominal)
GDP growth	▲ 107% (2023, PPP) ▲ 3.2% (2023, nominal)
GDP per capita	▲ ȶ56,585 (2023, PPP) ▲ ȶ14.097 (2023, nominal)
GDP by sector	Farming: 58%; Services: 29%; Tourism: 13%
Inflation	c. 1%
Average net salary	ȶ448 (est. Jun 2023)
Main industries	Consumables
External
Exports	▼ ȶ18.800 (2023, reintroduced on the national budget)
Export goods	Oranges, coffee, cachaça
Main export partners	Brazil 92% Ebenthal 7% European Union 1%
Import goods	Machinery and equipment, computational technology, textiles and footwear, chemicals, agricultural products, natural gas, minerals and fuels
Main import partners	Brazil 50% China 33% European Union 11% United States 6%
Public finances
Public debt	▼ 0% of GDP (2023)
Budget deficit	▼ 0% of GDP (2023)
Expenses	ȶ17.550 (2023)
All values, unless otherwise stated, are in

The Economy of Marienbourg is regarded^{[By whom?]} as a micronationally advanced economy led by the agrarian sector, with a focus on the export of commodities, followed by the services sector and the tourism. Marienburgish agriculture also produces and exports consumable goods, however, on a smaller scale, this counts little for the gross domestic product.

The Marienbourgish economy is weakly regulated and its entire economy is made up of private companies. Due to its status as a self-proclaimed microstate without international recognition by UN member states, the country is unable to enforce tax collection and maintenance of the state apparatus depends entirely on of private profits poured into the public sector. The state only considers as national economic activities those carried by Marienbourgers within Marienbourgish territory that, somehow, part of the profits are destined to national maintenance. As such, the state considers only companies based in national territory as part of the national production activity.

The official currency of Marienbourg is Marienbourgish Thaler, whose value is backed by the silver value of a Maria Theresa Thalers reserve which serves as a bullion coin kept as a store of value. Marienbourgish Thalers are only used for the government's internal financial activities and are the country's only legal tender. On the other hand, the currency used on a daily basis, mainly in the extremely close relationship between Marienbourgers and Brazilians is the Brazilian Real.

Marienbourg adopts laissez-faire as the basic economic principle of its financial system. Transactions between private groups or people are free from any form of economic interventionism. As a result, Marienbourg's economic apparatus is very unbureaucratic. Nevertheless, the state recognizes a series of labor rights and the social responsability of labor providers, allowing the formation of trade unions and envisioning the establishment of a sustainable universal basic income as well as a minimum wage.

Marienbourgish economic policy is set by the Ministry of the Treasury in association with the Council of Ministers under the design of its leader, the Minister-President and the scrutiny of the Ducal Diet. The policy is implemented by laws and through mostly autonomous government institutions such as the Ducal Bank, which works as Marienbourg's central bank. Additionally, Marienbourg is a member state of the Micronational Trade Organization, with which it acts in close partnership in defining its economic objectives and policies.