San Marino: Recent Economic Developments
May 5, 1999
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This paper reviews economic developments in San Marino during 1990–98. San Marino has enjoyed rapid growth in the 1990s, as the expansion in output has outstripped that experienced in Italy as a whole and the surrounding regions of Emilia–Romagna and the Marche. Real GDP rose by an average of about 10 percent per year in 1992–94 and an estimated 5 percent in 1996 and 1997. Employment rose sharply in the early 1990s before slowing down to an average of 3 percent in 1996–97.
Subject: Capital spending, Commercial banks, Economic sectors, Employment, Expenditure, Financial institutions, Labor, Public sector, Wages
Keywords: balance of payments, banking sector, banking system, Capital spending, Commercial banks, CR, Employment, Europe, firm, full-time equivalent, government, ISCR, net, nominal GDP, Public sector, Sammarinese authorities, Sammarinese firm
Pages:
74
Volume:
1999
DOI:
Issue:
029
Series:
Country Report No. 1999/029
Stock No:
1SMREA0011999
ISBN:
9781451834819
ISSN:
1934-7685
