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Sint Maarten Economy Profile 2018

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Economy - overviewThe 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: datar are in 2014 US dollars
GDP (official exchange rate)$304.1 million (2014 est.)
GDP - real growth rate3.6% (2014 est.)
4.1% (2013 est.)
1.9% (2012 est.)
GDP - per capita (PPP)$66,800 (2014 est.)
$65,500 (2013 est.)
$63,900 (2012 est.)
note: data are in 2015 US dollars
GDP - composition by sectoragriculture: 0.4%
industry: 18.3%
services: 81.3% (2008 est.)
Labor force23,200 (2008 est.)
Labor force - by occupationagriculture: 1.1%
industry: 15.2%
services: 83.7% (2008 est.)
Unemployment rate12% (2012 est.)
10.6% (2008 est.)
Inflation rate (consumer prices)4% (2012 est.)
0.7% (2009 est.)
Agriculture - productssugar
Industriestourism, light industry
Exports - commoditiessugar
Exchange ratesNetherlands Antillean guilders (ANG) per US dollar -
1.79 (2016)
1.79 (2016)
1.79 (2013)
1.79 (2012)
1.79 (2011)

Source: CIA World Factbook
This page was last updated on January 20, 2018

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