Information
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2020 Total GDP (nominal): 2,323.87 billion FDS
-
Estimated Government Revenue (percentage of GDP):
- Government revenue as a percentage of GDP is around 28%.
- Government Revenue: 2,323.87 billion FDS * 0.28 = 650,683.6 million FDS
- Estimated Government Expenditures (percentage of GDP):
- Government expenditures can vary widely based on priorities and policies.
- Budget Surplus/Deficit:
- If Government Revenue exceeds Government Expenditures, there will be a surplus.
- If Government Expenditures exceed Government Revenue, there will be a deficit.
Lutezzik is currently (2023) operating on a budget of 909,062,360,000 Federation Dollars, a budget deficit.
2021 Appropriations Agreement (Current)
TITLE I. Allocation to Governmental Departments
SUBTITLE I.
Education: 30% of budget
Defense: 25.4% of budget
Emergency Fund: 2.5% of budget
TITLE II. Allocation of Funds
SUBTITLE II.
Defense: 15.15% (Fixed)
Education: 16.00% (Fixed)
Energy: 13.50% (Fixed)
Auxiliary Programs: 14.80% (Fixed)
Healthcare: 10.45% (Fixed)
Welfare: 7.00% (Fixed)
Emergency Fund: 2.50% (Fixed)
Administration: 6.40% (Fixed)
Federal Upkeep: 4.20% (Fixed)
Infrastructure: 10.20% (Fixed)
Actual budget amounts for each category in Federation Dollars (FDS):
Education: 0.30 * 909,062,360,000 FDS = 272,718,708,000 FDS
Defense: 0.254 * 909,062,360,000 FDS = 230,979,933,840 FDS
Emergency Fund (2.5% for 20 years (2028)): 0.025 * 909,062,360,000 FDS = 22,726,559,000 FDS per year
Energy: 0.135 * 909,062,360,000 FDS = 122,765,689,600 FDS
Auxiliary Programs: 0.148 * 909,062,360,000 FDS = 134,692,876,080 FDS
Healthcare: 0.1045 * 909,062,360,000 FDS = 94,996,747,620 FDS
Welfare: 0.07 * 909,062,360,000 FDS = 63,634,364,200 FDS
Administration: 0.064 * 909,062,360,000 FDS = 58,181,671,840 FDS
Federal Upkeep: 0.042 * 909,062,360,000 FDS = 38,190,040,720 FDS
Infrastructure: 0.102 * 909,062,360,000 FDS = 92,634,805,120 FDS
Emergency Fund (Fixed, per year): 2.5% of 909,062,360,000 FDS = 22,726,559,000 FDS per year
Please note that these calculations are based on the provided percentages and the total budget. The “Emergency Fund (Fixed, per year)” amount remains constant over the specified years.