ECON FACTBOOK

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Economy of San Marino

Population: 31 thousand in 2013¹

GDP: $1.87 billion in 2013²

GDP per capita: $55,000 PPP in 2012³

GDP growth rate: -3.5% in 2012⁴

Industries

GDP by Industry 2012⁵

Industry sector	Value added ($ millions) 2012	Percent of total
Other activities	991	51.7%
Manufacturing	540	28.2%
Wholesale, retail trade, restaurants and hotels	245	12.8%
Construction	84	4.4%
Transport, storage and communication	57	3.0%
Agriculture, hunting, forestry, fishing	1	0.1%
Mining and utilities	0	0.0%
Total value added	1,917	100%

Employment

Unemployment rate: 7% in 2012⁶

Employment by Industry 2013⁷

Employment sector	Percent of total
Services	66.3%
Industry	33.5%
Agriculture	0.2%
Total	100%

Corporations

Top 10 Corporations by Revenue 2013⁸

N/A

Households

Household Wealth: N/A

Household Wealth per Adult: N/A

Gini Coefficient: N/A

Government

Central Government

Central Government Revenue: $668 million (36% of GDP) in 2013⁹

Central Government Expenditure: $722 million (39% of GDP) in 2013⁹

Central Government Budget Balance: -$54 million (-3% of GDP) in 2013⁹

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds: N/A

Corporate Tax Rate: N/A

Monetary Policy

Money Supply (Euro area, M1): $6.59 trillion in Nov 2014* ¹⁰

Benchmark Interest Rate (Euro area): Main Refinancing rate = 0.05% in Sept 2014¹¹

Total Reserves: $539 million (29% of GDP) in 2013¹²

Exchange Rate: 0.882 Euro = 1 U.S. Dollar on Feb 23, 2015¹³

Inflation: 1.6% in 2013¹⁴

* Money supply calculated using the exchange rate using the exchange rate 0.882 EUR = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 2013¹⁵

N/A (data not available at Relbanks.com)

International Accounts

Exports: $3.83 billion (204% of GDP) in 2013¹⁶

Imports: $2.55 billion (136% of GDP) in 2013¹⁶

Trade Balance: +$1.28 billion (+68% of GDP) in 2013¹⁶

Foreign Direct Investment Inflow: N/A

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: N/A

Foreign Aid Outflow: N/A

References

^{1. Source: World Bank Indicators (Population) Go back}
^{2. Source: CIA World Factbook (GDP) Go back}
^{3. Source: CIA World Factbook (GDP per capita PPP) Go back}
^{4. Source: CIA World Factbook (GDP growth rate) Go back}
^{5. Source: United Nations Statistics Division (GDP by industry) Go back}
^{6. Source: CIA World Factbook (Unemployment rate) Go back}
^{7. Source: CIA World Factbook (Employment by economic activity) Go back}
^{8. Source: Annual reports (Corporate data) Go back}
^{9. Source: CIA World Factbook (Government budget) Go back}
^{10. Source: ECB Monetary developments (Money supply) Go back}
^{11. Source: ECB Key interest rates (Benchmark interest rate) Go back}
^{12. Source: World Bank Indicators (Total reserves) Go back}
^{13. Source: xe.com (Exchange rate) Go back}
^{14. Source: World Bank Indicators (Inflation rate) Go back}
^{15. Source: Relbanks.com (Financial institutions by assets) Go back}
^{16. Source: CIA World Factbook (Trade data) Go back}