representation in the US:

chief of mission: Ambassador Paolo RONDELLI
chancery: 888 27th Street NW, Suite 900, Washington, DC 20006
telephone: 202-337-2260

Diplomatic representation from the US:

the US does not have an embassy in San Marino; the ambassador to
Italy is accredited to San Marino

Flag description:

two equal horizontal bands of white (top) and light blue with the
national coat of arms superimposed in the center; the coat of arms
has a shield (featuring three towers on three peaks) flanked by a
wreath, below a crown and above a scroll bearing the word LIBERTAS
(Liberty)

Economy
San Marino

Economy - overview:

The tourist sector contributes over 50% of GDP. In 2006 more than
2.1 million tourists visited San Marino. The key industries are
banking, clothing and 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 the most
prosperous regions of Italy, which supplies much of its food.

GDP (purchasing power parity):

$850 million (2004 est.)

GDP (official exchange rate):

$1.048 billion (2004)

GDP - real growth rate:

4.6% (2004 est.)

GDP - per capita (PPP):

$34,100 (2004 est.)

GDP - composition by sector:

agriculture: NA%
industry: NA%
services: NA%

Labor force:

20,470 (2004)

Labor force - by occupation:

agriculture: 0.2%
industry: 40.1%
services: 59.7% (2006 est.)

Unemployment rate:

3.8% (2004)

Population below poverty line:

NA%

Household income or consumption by percentage share:

lowest 10%: NA%
highest 10%: NA%

Budget:

revenues: $709.6 million
expenditures: $672.3 million (2004)

Fiscal year:

calendar year

Inflation rate (consumer prices):

-1.5% (2006)

Commercial bank prime lending rate:

7.58% (31 December 2007)

Stock of money:

$1.326 billion (31 December 2007)

Stock of quasi money:

$4.584 billion (31 December 2007)

Stock of domestic credit:

$7.513 billion (31 December 2007)

Agriculture - products:

wheat, grapes, corn, olives; cattle, pigs, horses, beef, cheese,
hides

Industries:

tourism, banking, textiles, electronics, ceramics, cement, wine

Industrial production growth rate:

5.6% (2005 est.)

Exports:

$1.291 billion (2004)

Exports - commodities:

building stone, lime, wood, chestnuts, wheat, wine, baked goods,
hid