About San Marino
Quick Facts
- Population
- 32,448 (July 2013 est.)
- Area
- 61 sq km
- ISO Code
- SM
- Continent
- Europe
- Government
- republic
- Active Causes
- 12
Europe
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Mediterranean; mild to cool winters; warm, sunny summers
rugged mountains
building stone
air pollution; urbanization decreasing rural farmlands
Italian
Roman Catholic
7.1% of GDP (2010) of GDP
NA of GDP
San Marino's economy relies heavily on tourism, the banking industry and the manufacture and export of ceramics, clothing, fabrics, furniture, paints, spirits, tiles, and wine. The manufacturing and financial sectors account for more than half of San Marino's GDP. The per capita level of output and standard of living are comparable to those of the most prosperous regions of Italy. The economy benefits from foreign investment due to its relatively low corporate taxes and low taxes on interest earnings. The income tax rate is also very low, about one-third the average EU level. San Marino does n...
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