← The 2008 CIA World Factbook, Volume 3
Chapter 118
Upu, Wftu
NA
International organization participation:
Diplomatic representation in the US:
none (overseas collectivity of France)
Diplomatic representation from the US:
none (overseas collectivity of France)
Flag description:
the flag of France is used
Economy
Saint Martin
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 - composition by sector:
agriculture: 1% industry: 15% services: 84% (2000)
Labor force - by occupation:
85% directly or indirectly employed in tourist industry
Industries:
tourism, light industry and manufacturing, heavy industry
Imports - commodities:
crude petroleum, food, manufactured items
Imports - partners:
US, Mexico (2006)
Currency (code):
euro (EUR); note - US dollar (USD) widely used
Exchange rates:
euros (EUR) per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003)
Communications
Saint Martin
Telephone system:
general assessment: fully integrated access domestic: direct dial capability with both fixed and wireless systems international: country code - 590; undersea fiber-optic cable provides voice and data connectivity to Puerto Rico and Guadeloupe
Radio broadcast stations: