Economy - overview: The economy of Saint Martin centers around tourism with 85% of the labor force engaged in this sector. Over one million visitors come to the island each year with most arriving through the Princess Juliana International Airport in Sint Maarten. No significant agriculture and limited local fishing means that almost all food must be imported. Energy resources and manufactured goods are also imported, primarily from Mexico and the United States. Saint Martin is reported to have the highest per capita income in the Caribbean.
GDP (purchasing power parity):
$561.5 million (2005 est.)
[see also: GDP country ranks ]
GDP (official exchange rate):
$561.5 million (2005 est.)
[see also: GDP (official exchange rate) country ranks ]
GDP - per capita (PPP):
$19,300 (2005 est.)
[see also: GDP - per capita country ranks ]
GDP - composition, by sector of origin:
agriculture: 1%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry:
15%
services:
84% (2000)
Industries:
tourism, light industry and manufacturing, heavy industry
Labor force: Labor force - by occupation: Imports - commodities: Exchange rates:
NOTE: 1) The information regarding Saint Martin on this page is re-published from the 2014 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Saint Martin Economy 2014 information contained here. All suggestions for corrections of any errors about Saint Martin Economy 2014 should be addressed to the CIA.
17,300 (2008 est.)
country comparison to the world: 212
[see also: Labor force country ranks ]
85% directly or indirectly employed in tourist industry
crude petroleum, food, manufactured items
euros (EUR) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 06-Nov-14