Economy Of San Marino

Economy overview	The tourist sector contributes over 50% of GDP. In 2000 more than 3 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	purchasing power parity - $940 million (2001 est.)
GDP - real growth rate	7.5% (2001 est.)
GDP - per capita	purchasing power parity - $34,600 (2001 est.)
GDP - composition by sector	agriculture: NA industry: NA services: NA
Investment gross fixed
Population below poverty line	NA
Household income or consumption by percentage share	lowest 10%: NA highest 10%: NA
Distribution of family income - Gini index
Inflation rate consumer prices	3.3% (2001)
Labor force	18,500 (1999)
Labor force by occupation	agriculture 1%, industry 42%, services 57% (2000 est.)
Unemployment rate	2.6% (2001)
Budget	revenues: $400 million expenditures: $400 million, including capital expenditures of NA (2000 est.)
Public debt
Agriculture products	wheat, grapes, corn, olives; cattle, pigs, horses, beef, cheese, hides
Industries	tourism, banking, textiles, electronics, ceramics, cement, wine
Industrial production growth rate	6% (1997 est.)
Electricity production
Electricity production by source
Electricity consumption
Electricity exports
Electricity imports
Oil production
Oil consumption
Oil exports
Oil imports
Oil proved reserves
Natural gas production
Natural gas consumption
Natural gas exports
Natural gas imports
Natural gas proved reserves
Current account balance
Exports	trade data are included with the statistics for Italy
Exports commodities	building stone, lime, wood, chestnuts, wheat, wine, baked goods, hides, ceramics
Exports partners
Imports	trade data are included with the statistics for Italy
Imports commodities	wide variety of consumer manufactures, food
Imports partners
Reserves of foreign exchange gold
Debt external	NA
Economic aid recipient	NA
Currency	euro (EUR)
Currency code	EUR
Exchange rates	euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)
Fiscal year	calendar year

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This information was reproduced in part from the CIA World Fact book.

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Economy Of San