Overview: The tourist industry contributes over 50% of GDP. In 1991 over 3.1 million tourists visited San Marino, 2.7 million of whom were Italians. The key industries are 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 northern Italy.

National product: GDP - purchasing power equivalent - $465 million (1992 est.)

National product real growth rate: NA%

National product per capita: $20,000 (1992 est.)

Inflation rate (consumer prices): 5% (1992 est.)

Unemployment rate: 3% (1991)

Budget: revenues $NA; expenditures $300 million, including capital expenditures of $NA (1991)

Exports: trade data are included with the statistics for Italy; commodity trade consists primarily of exchanging building stone, lime, wood, chestnuts, wheat, wine, baked goods, hides, and ceramics for a wide variety of consumer manufactures

Imports: see exports

External debt: $NA

Industrial production: growth rate NA%; accounts for 42% of workforce

Electricity: supplied by Italy

Industries: wine, olive oil, cement, leather, textile, tourism

Agriculture: employs 3% of labor force; products - wheat, grapes, maize, olives, meat, cheese, hides; small numbers of cattle, pigs, horses; depends on Italy for food imports

Economic aid: NA

Currency: Italian currency is used; note - also mints its own coins

Exchange rates: Italian lire (Lit) per US$1 - 1,482.5 (January 1993), 1,232.4 (1992), 1,240.6 (1991), 1,198.1 (1990), 1,372.1 (1989), 1,301.6 (1988)

Fiscal year: calendar year