The currency of the country is Euro. The symbol used for this currency is €, abbreviated to EUR. 8% of the country's population is unemployed. The total number of unemployed in San Marino is 2,685. Each year, San Marino exports about US$3.83 billion and imports about US$2.55 billion. The country's Gini index is 34.56. San Marino has a public debt of 25.8% of the country's gross domestic product (GDP) as estimated in 2013. San Marino is considered a developed nation. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. The country's main industries are tourism, banking, textiles, electronics, ceramics, cement and wine.
The total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in San Marino is US$1,914 billion. Every year, consumers spend around US$630 million. The ratio of consumer spending to GDP in San Marino is 0%, and the ratio of consumer spending to world consumer market is 0.0018. Corporate tax in San Marino is 17%. Personal income tax ranges from 12% to 50% depending on your specific situation and income level. The VAT in San Marino is 17%.