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: data are in 2014 US dollars
country comparison to the world (CIA rank, may be based on non-current data):
214
[see also: GDP country ranks ]
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 (CIA rank, may be based on non-current data):
97
[see also: GDP - real growth rate country ranks ]
GDP - per capita (PPP):
$66,800
(2014 est.)
$65,500
(2013 est.)
$63,900
(2012 est.)
note: data are in 2015 US dollars
country comparison to the world (CIA rank, may be based on non-current data):
14
[see also: GDP - per capita country ranks ]
GDP - composition, by sector of origin:
agriculture: 0.4%
(2008 est.)
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: 18.3%
(2008 est.)
[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 (CIA rank, may be based on non-current data):
210
[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 (CIA rank, may be based on non-current data):
160
[see also: Unemployment rate country ranks ]
Inflation rate (consumer prices):
4%
(2012 est.)
0.7%
(2009 est.)
country comparison to the world (CIA rank, may be based on non-current data):
157
[see also: Inflation rate (consumer prices) country ranks ]
Exports - commodities:
sugar
Exchange rates:
Netherlands Antillean guilders (ANG) per US dollar -
1.79
(2017 est.)
1.79
(2016 est.)
1.79
(2015 est.)
1.79
(2014 est.)
1.79
(2013 est.)
