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    San Marino Economy 2000

      Economy - overview: The tourist sector contributes over 50% of GDP. In 1997 more than 3.3 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 Italy, which supplies much of its food.

      GDP: purchasing power parity - $500 million (1997 est.)

      GDP - real growth rate: NA%

      GDP - per capita: purchasing power parity - $20,000 (1997 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): 2% (1997)

      Labor force: 15,600 (1995)

      Labor force - by occupation: services 60%, industry 38%, agriculture 2% (1998 est.)

      Unemployment rate: 3.6% (April 1996)

      Budget:
      revenues: $320 million
      expenditures: $320 million, including capital expenditures of $26 million (1995 est.)

      Industries: tourism, banking, textiles, electronics, ceramics, cement, wine

      Industrial production growth rate: NA%

      Electricity - production: NA kWh

      Electricity - production by source:
      fossil fuel: NA%
      hydro: NA%
      nuclear: NA%
      other: NA%

      Electricity - consumption: NA kWh

      Electricity - exports: NA kWh

      Electricity - imports: NA kWh
      note: electricity supplied by Italy

      Agriculture - products: wheat, grapes, corn, olives; cattle, pigs, horses, beef, cheese, hides

      Exports: trade data are included with the statistics for Italy

      Exports - commodities: building stone, lime, wood, chestnuts, wheat, wine, baked goods, hides, ceramics

      Imports: trade data are included with the statistics for Italy

      Imports - commodities: wide variety of consumer manufactures, food

      Debt - external: $NA

      Economic aid - recipient: $NA

      Currency: 1 Italian lira (Lit) = 100 centesimi; note - also mints its own coins

      Exchange rates: euros per US$1 - 0.9867 (January 2000), 0.9386 (1999); Italian lire (Lit) per US$1 - 1,668.7 (January 1998), 1,736.2 (1998), 1,703.1 (1997), 1,542.9 (1996), 1,628.9 (1995)

      Fiscal year: calendar year

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    Revised 01-Nov-00
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