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Sint Maarten Economy 2018

SOURCE: 2018 CIA WORLD FACTBOOK AND OTHER SOURCES











Sint Maarten Economy 2018
SOURCE: 2018 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on February 28, 2018

Economy - overview:
The economy of Sint Maarten centers around tourism with nearly four-fifths of the labor force engaged in this sector. Nearly 1.8 million visitors came to the island by cruise ship and roughly 500,000 visitors arrived through Princess Juliana International Airport in 2013. Cruise ships and yachts also call on Sint Maarten's numerous ports and harbors. Limited agriculture and local fishing means that almost all food must be imported. Energy resources and manufactured goods are also imported. Sint Maarten had the highest per capita income among the five islands that formerly comprised the Netherlands Antilles.

GDP (purchasing power parity):
$365.8 million (2014 est.) $353.5 million (2013 est.) $339.6 million (2012 est.)
note: datar are in 2014 US dollars
country comparison to the world: 215

GDP (official exchange rate):
$304.1 million (2014 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
3.6% (2014 est.) 4.1% (2013 est.) 1.9% (2012 est.)
country comparison to the world: 87
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$66,800 (2014 est.) $65,500 (2013 est.) $63,900 (2012 est.)
note: data are in 2015 US dollars
country comparison to the world: 15

GDP - composition, by sector of origin:
agriculture: 0.4%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: 18.3%
[see also: GDP - composition, by sector of origin - industry country ranks ]
services: 81.3% (2008 est.)
[see also: GDP - composition, by sector of origin - services country ranks ]

Agriculture - products:
sugar

Industries:
tourism, light industry

Labor force:
23,200 (2008 est.)
country comparison to the world: 211
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 1.1%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 15.2%
[see also: Labor force - by occupation - industry country ranks ]
services: 83.7% (2008 est.)
[see also: Labor force - by occupation - services country ranks ]

Unemployment rate:
12% (2012 est.) 10.6% (2008 est.)
country comparison to the world: 155
[see also: Unemployment rate country ranks ]

Inflation rate (consumer prices):
4% (2012 est.) 0.7% (2009 est.)
country comparison to the world: 159
[see also: Inflation rate (consumer prices) country ranks ]

Exports - commodities:
sugar

Exchange rates:
Netherlands Antillean guilders (ANG) per US dollar - 1.79 (2016) 1.79 (2016) 1.79 (2013) 1.79 (2012) 1.79 (2011)

NOTE: 1) The information regarding Sint Maarten on this page is re-published from the 2018 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Sint Maarten Economy 2018 information contained here. All suggestions for corrections of any errors about Sint Maarten Economy 2018 should be addressed to the CIA.
2) The rank that you see is the CIA reported rank, which may habe the following issues:
  a) The 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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