Economy
GDP (2004, official exchange rate): Euros 1,048 million.
Per capita income (2004): Euros 27,412.
GDP growth (2004 est.): 4.6%.
Natural resources: Building stone.
Agriculture: Products--wheat, grapes, maize, olives, cattle, pigs, horses, meat, cheese, hides.
Industry: Types--tourism, textiles, electronics, ceramics, cement, wine.
Trade: Exports (2004)--Euros 1,032 million. 90% to Italy. Imports (2004)--Euros 1,628 million: manufactured goods, food. Partners--Italy, Western Europe, Eastern Europe, South America, China, Taiwan.

SAN MARINO ECONOMY
San Marino's per capita GNP in 2004 stood at 27,412 Euros with more than 50% coming from the tourism industry, which draws about 2.2 million people annually.

Traditional economic activities in San Marino were food crops, sheep farming, and stone quarrying. Today farming activities focus on grain, vines, and orchards, as well as animal husbandry (cattle and swine). Besides the tourism industry, San Marino makes most of its income from the banking industry and from the manufacture and export of ceramics, tiles, furniture, clothing, paints, fabrics, and spirits/wines. The per capita level of output and standard of living in San Marino are comparable to those of Italy. In addition, San Marino maintains the lowest unemployment rate in Europe and no national debt.