s 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)

*San Marino, Economy

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

*San Marino, Communications

Highways:
104 km
Telecommunications:
automatic telephone system completely integrated into Italian system; 11,700
telephones; broadcast services from Italy; microwave and cable links into
Italian networks; no communication satellite facilities

*San Marino, Defense Forces

Branches:
public security or police force
Manpower availability:
all fit men ages 16-60 constitute a militia that can serve as an army
Defense expenditures:
$NA, NA% of GDP

*Sao Tome and Principe, Geography

Location:
Western Africa, in the Atlantic Ocean