35925
French (official), English, Dutch, French Patois, Spanish, Papiamento (dialect of Netherlands Antilles)
- Conventional long form
- Overseas Collectivity of Saint Martin
- Conventional short form
- Saint Martin
- Local long form
- Collectivite d'outre mer de Saint-Martin
- Local short form
- Saint-Martin
- Name
- Marigot
- Geographic coordinates
- Time difference
- UTC-4 (1 hour ahead of Washington, DC, during Standard Time)
The economy of Saint Martin centers on 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. The financial sector is also important to Saint Martin’s economy as it facilitates financial mediation for its thriving tourism sector. 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 US. Saint Martin is reported to have one of the highest per capita income in the Caribbean. As with the rest of the Caribbean, Saint Martin’s financial sector is having to deal with losing correspondent banking relationships.
- Inflation
- None%
- Total tax rate (% of commercial profits)
- None%
- Real Interest Rate
- None%
- Manufacturing, value added (% of GDP)
- None%
- Current Account Balance
- US$
- Labor Force, Total
- Employment in Agriculture
- %
- Employment in Industry
- %
- Employment in Services
- %
- Unemployment Rate
- %
- Imports of goods and services
- US$
- Exports of goods and services
- US$
- Total Merchandise Trade
- %
- FDI, net inflows
- US$
- Commercial Service Exports
- US$
tourism, light industry and manufacturing, heavy industry
- Commodities
- Partners
- Commodities
- crude petroleum, food, manufactured items
- Partners