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Saint Martin

Collectivité d'outre mer de Saint-Martin

Last updated: 2026-03-28 (today)

Industries

tourism, light industry and manufacturing, heavy industry

Exchange rates

Currency

euros (EUR) per US dollar -

Exchange rates 2020

0.876 (2020 est.)

Exchange rates 2021

0.845 (2021 est.)

Exchange rates 2022

0.95 (2022 est.)

Exchange rates 2023

0.925 (2023 est.)

Exchange rates 2024

0.924 (2024 est.)

Economic overview

high-income French Caribbean territorial economy; extremely reliant on tourism, with severe COVID-19 impacts; near-total destruction from Hurricane Irma in 2017; some offshore banking; import-dependent; duty-free commerce; yachting destination

Exports - partners

United States 35%, Netherlands 26%, Antigua and Barbuda 21%, France 10% (2019)

Imports - partners

United States 76%, Netherlands 7%, France 7% (2019)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2019

6.5% (2019 est.)

Real GDP growth rate 2020

-12.5% (2020 est.)

Real GDP growth rate 2021

4.9% (2021 est.)

Exports - commodities

gold, special use vessels, furniture, scrap aluminum, rum (2019)

top five export commodities based on value in dollars

Imports - commodities

jewelry, diamonds, pearls, recreational boats, cars (2019)

GDP (official exchange rate)

$649.206 million (2021 est.)

note: data in current dollars at official exchange rate