Economic overview: The tourism sector contributes over 50% of GDP. In 1999, more than 3 million tourists visited San Marino. Key sectors of the economy are also banking, clothing, electronics and ceramics. The main agricultural products are wine and cheeses. The per capita income level and living standards are comparable to neighboring regions of Italy, from where a significant amount of necessary food is supplied. See topb2bwebsites.com to know more about San Marino in 2004.
GDP: at purchasing power parity – $860 million (2000 est.).
Real GDP growth rate: 8% (2000 est.).
GDP per capita: at purchasing power parity – $32,000 (2000 est.).
The composition of GDP by sectors of the economy:agriculture: no data; industry: no data; service sector: no data.
Proportion of the population below the poverty line: no data available.
Percentage distribution of household income or consumption: for the poorest 10% of households: n/a; by top 10% of households: no data.
Inflation rate at consumer prices: 2.2% (2000).
Labor force: 18,500 people (1999).
Employment structure: service sector 60%, industry 38%, agriculture 2% (1998 est.).
Unemployment rate: 3% (1999).
Budget: revenues: $400 million; expenditures: $400 million, including capital investment – NA (2000 est.).
Spheres of economy:tourism, banking, textiles, electronics, ceramics, cement, wine.
Growth in industrial production: 6% (1997 est.).
Electricity production: no data.
Sources of electricity generation: fossil fuels: no data available; hydropower: no data; nuclear fuel: no data; others: no data.
Electricity consumption: no data.
Export of electricity: no data.
Electricity import: no data; note: electricity is supplied by Italy.
Agricultural products: wheat, grapes, corn, olives; cattle, pigs, horses, beef, cheeses, leathers.
Export:trade data are included in Italian statistics.
Exports: building stone, limestone, timber, chestnuts, wheat, wine, pastries, leather, ceramics.
Export partners:
Import: trade data is included in the Italian statistics.
Imports: various consumer goods, foodstuffs.
Import partners:
External debt: no data. Recipient of economic assistance: no data.
Economic aid donor:Currency: Italian lira; Euro.Currency code: ITL; EUR.Exchange rate: EUR/USD – 1.06594 (January 2001), 1.08540 (2000), 0.9386 (1999); ITL/USD – 1,736.2 (1998), 1,703.1 (1997), 1,542.9 (1996).Fiscal year: calendar year.
Telecommunications
Telecommunications Telephone lines: 18,000 (1998). Mobile cellular telephones: 3010 (1998). Telephone system: satisfactory communication; domestic: automatic telephone system fully integrated with Italian; international: microwave radio relay and cable link to the Italian network; There are no satellite earth stations. Broadcast stations: AM – 0, FM – 3, shortwave -0 (1998). Radio receivers: 16,000 (1997). Television broadcast stations: 1 (San Marino residents also receive programs from Italy) (1997). Televisions: 9,000 (1997). Internet country code: sm Internet providers: 2 (2000). Number of users: no data.
Transport
Transport Railways: 0 km; note – there is a 1.5 km funicular that connects the city of San Marino with Borgo Maggiore. Roads: total: 220 km; coated: no data; uncoated: no data (2001). Ports and harbours: none. Merchant Navy: Airports: none. Airports with paved runways: Airports with non-paved runways:
Armed forces
Branches of the armed forces: volunteer paramilitary forces, police. Conscription age: Total military manpower: Eligible for military service: Number of persons reaching draft age each year: Military spending in dollar terms: $700,000 (2000). Military spending as part of GDP: no data
