San Marino Economic information

San Marino is known as a microstate located in Southern Europe and bordering Italy. The country's economy is mainly based on tourism, banking and finance sector. Tourism is San Marino's most important source of income. The country attracts visitors with its historical and cultural heritage. San Marino Castle is one of the most important tourist attractions in San Marino. Additionally, other tourist attractions in the country include Piazza della Libertà, the San Marino State Museum, and many churches of San Marino. The banking and finance sector is also important to the San Marino economy. The country is the headquarters of many foreign banks and companies due to its low tax rates and privacy policy. There are also many insurance companies in San Marino. The agricultural sector plays a smaller role in the San Marino economy. The country imports a large portion of agricultural products. Agricultural activities include grape, olive, fruit and vegetable cultivation. The currency of San Marino is the Euro and the country is not included in the Eurozone. The country's economy is generally stable, but its dependence on the tourism industry makes it susceptible to economic fluctuations. As a result, San Marino's economy is based on tourism, banking and finance. The small size of the country and its proximity to Italy contribute to the development of tourism and financial services.