San Marino Tenders

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The economy of San Marino is a developed free-market economy focused around industries such as tourism, banking and the manufacture of ceramics, clothing, fabrics, furniture, paints, spirits, tiles, and wine. Taken together, the manufacturing and financial sector make up more than half of the national GDP. The primary sector contribution to the GDP of the country is marginal, with the main agricultural products being wine and cheeses. In addition, San Marino sells collectible postage stamps to philatelists.San Marino per-capita GDP stands above $48,000 in 2018, placing the country 15th in the world. Overall, the per capita level of output and standard of living are comparable to the richest regions of Italy. Most of the food, water and other raw resources are imported from Italy, including also the totality of electricity and natural gas. Taxes, especially on labor and capital income, are generally much lower than in Italy, therefore, there are extremely strict requirements to obtain citizenship.