The economy of the dwarf state of San Marino to 36.4% of the country's GDP is introduced (as of 2008 ) by the manufacturing sector ; banking and insurance make up 18.6%; general government - 14.3%; trade - 8.6%; services - 11.3%; construction - 5.5%.
| Economy of san marino | |
|---|---|
| Currency | Euro |
| Statistics | |
| GDP | 0.36 billion |
| GDP per capita | 13333 |
| Inflation ( CPI ) | 2.6% |
| Key industries | Banking, tourism, electronic industry, winemaking |
| International trade | |
| Government finance | |
The main industries are banking, tourism, electronic industry and winemaking. An important source of income is the production of postage stamps and souvenirs (revenues from the sale of stamps account for 10% of GDP).
52% of the population work in the service sector; 41% are employed in industry; 7% - in agriculture.
San Marino does not have deposits of mineral resources, electricity is supplied from Italy . There is a road and rail connection between San Marino and Italy. San Marino is in the customs and postal union with Italy, which annually pays San Marino compensation for the refusal of income related to customs duties, radio and television centers , gambling houses , etc.
Monetary unit of the country - the euro , San Marino has no right to issue banknotes , as it is not a member of the European Union , but can issue coins.
GDP in absolute terms in 2003 was $ 0.36 billion, per capita - $ 13,333. Inflation remains moderate (2.6%).
Content
Agriculture
The agriculture of San Marino, which for a long time was the main branch of the economy of San Marino, is nowadays represented by sheep farming , the cultivation of crops , viticulture , and winemaking (see Wine- Making in San Marino ). [one]
Agriculture is developed ( wheat , corn , barley , olives ), gardening ( chestnuts and southern fruits); meat and dairy cattle breeding, pig breeding; sericulture, beekeeping .
Industry
Branches of Italian machine-building and other firms, enterprises of textile, cement, paper, leather , metalworking , chemical industry are located in San Marino.
Electronics industry
Handicraft production of glass, majolica , metal , ceramics , porcelain and furniture is considered traditional.
Tourism
Inbound tourism plays a significant role in the country's economy (tourism accounts for more than 60% of revenues [ clarify ] the state), in the tourism industry in the state involved up to 2 million people annually. Every year the country is visited by 3 million tourists. [one]
See also
- Italy's economy
- Italian industry
Notes
- 2 1 2 Background Note: San Marino US Bureau of European and Eurasian Affairs