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World > Europe > San Marino > Economy (Facts)

San Marino - Economy (Facts)
Economy - overview: The tourist sector contributes over 50% of GDP. In 2006 more than 2.1 million tourists visited San Marino. The key industries are banking, wearing apparel, electronics, and ceramics. Main agricultural products are wine and cheeses. The per capita level of output and standard of living are comparable to those of the most prosperous regions of Italy, which supplies much of its food.
GDP - real growth rate: 4.6% (2004 est.)
GDP (purchasing power parity): $850 million (2004 est.)
GDP (official exchange rate): $1.048 billion (2004)
GDP - per capita (PPP): $34,100 (2004 est.)
GDP - composition by sector: agriculture: NA
industry: NA
services: NA
Population below poverty line: NA
Household income or consumption by percentage share: lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices): -1.5% (2006)
Labor force: 20,470 (2004)
Labor force - by occupation: agriculture: 0.2%
industry: 40.1%
services: 59.7% (2006 est.)
Unemployment rate: 3.8% (2004)
Budget: revenues: $709.6 million
expenditures: $672.3 million; including capital expenditures of $23.7 million (2004)
Industries: tourism, banking, textiles, electronics, ceramics, cement, wine
Industrial production growth rate: 5.6% (2005 est.)
Agriculture - products: wheat, grapes, corn, olives; cattle, pigs, horses, beef, cheese, hides
Exports: $1.291 billion (2004)
Exports - commodities: building stone, lime, wood, chestnuts, wheat, wine, baked goods, hides, ceramics
Imports: $2.035 billion (2004)
Imports - commodities: wide variety of consumer manufactures, food
Debt - external: NA
Economic aid - recipient: NA
Currency: Euro (EUR)

Current Euro Exchange Rates
Historical Euro Exchange Rates
Chart Euro Exchange Rates
Currency code: EUR
Exchange rates: euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002)
Fiscal year: calendar year


Facts at a Glance: Geography - People - Government - Economy - Communications - Transportation - Military - Current Time - Ranking Positions - Euro Exchange Rates
Notes and Commentary: People - Economy - Government and Political Conditions - Foreign Relations - Relations with U.S.



Facts at a Glance
Geography
People
Government
Economy
Communications
Transportation
Military
Current Time
Ranking Positions
Euro Exchange Rates


Notes and Commentary
People
Economy
Government and Political Conditions
Foreign Relations
Relations with U.S.





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