CIA Factbook The World Factbook 1994: San MarinoEconomy Overview: The tourist sector contributes over 50% of GDP. In 1991 more than 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 those of Italy. National product: GDP—purchasing power equivalent—$370 million (1992 est.) National product real growth rate: NA% National product per capita: $16,000 (1992 est.) Inflation rate (consumer prices): 6.2% (1992 est.) Unemployment rate: 3% (1991) Budget: • revenues: $275 million • expenditures: $275 million, including capital expenditures of $NA (1992 est.) 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: 1 Italian lire (Lit)=100 centesimi; note—also mints its own coins Exchange rates: Italian lire (Lit) per US$1—1,700.2 (January 1994), 1,573.7 (1993), 1,232.4 (1992), 1,240.6 (1991), 1,198.1 (1990), 1,372.1 (1989) Fiscal year: calendar year