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Economy of the Southern Cross Republic
Santana Business Area (SCR)
View of the Sanatana Business Area
Rank 105th (nominal) / 114th (PPP)
Currency South Crossic escudo (SCE)
Fiscal year calendar year
Trade organisations WTO, OECD, Mercosur, Unasul
Statistics
GDP $19.156 billion (2012) (nominal; 104th)
$25.285 billion (2012) (PPP; 114th)
GDP growth Green Arrow Up Darker 5.3% (2012)
GDP per capita $19,000 (2012) (nominal; 40th)
$25,346 (2012) (PPP; 41st)
GDP by sector agriculture: 3.8%, industry: 40.5%, services: 56.5% (2010)
Inflation (CPI) 3.6% (2010 est.)
Population
below poverty line
13.0% (2012)
Gini index 41.3 (2010)
Labour force 514,175 (2012 est.)
Labour force
by occupation
agriculture: 9.8%, industry: 23.6%, services: 66.6% (2006)
Unemployment 5.1% (2011 est.)
Average net salary $15,572 (2011, PPP)
External
Ease of Doing Business Rank 22th
Exports $4.398 billion (2010 est.)
Export goods petroleum and petroleum products, chemicals, iron ore, fruit, fish products, paper and pulp, chemicals, wine, steel, electronics
Main export partners Brazil 15.4%, China 10.8%, United States 7.2%, Argentina 4.7%, Japan 4.4%
Imports $3.769 billion (2010 est.)
Import goods electrical and telecommunications equipment, industrial machinery, transport equipment, vehicles
Main import partners China 12.8%, Brazil 11.7%, United States 10.2%, Argentina 4.5%, Japan 3.2%
FDI stock $734 million (at home), $267 million (abroad) (31 December 2012 est.)
Public finances
Public debt 21.9% of GDP (2012 est.)
Budget deficit Green Arrow Up Darker 0.7% of GDP (2011 est.)
Revenues $2.362 billion (2012 est.)
Expenses $2.057 billion (2012 est.)
Economic aid donor: ODA, $15 million (2006)
Credit rating AA- (Wikirating)
Foreign reserves $3.925 billion (2012, net)
All values, unless otherwise stated, are in US dollars

The Economy of the Southern Cross Republic is a high income mixed economy by the World Bank, and is one of South America's most stable and prosperous nations, leading Latin American nations in human development, competitiveness, income per capita, globalization, economic freedom, and low perception of corruption.

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