The composition of Sint Maarten's GDP in 2023 shows a predominant reliance on services, contributing 52.53%, followed by wholesale, retail trade, restaurants, and hotels at 25.67%. Transport, storage, and communication sectors add 12.54% to the GDP, while construction is at 5.15%. Mining, manufacturing, and utilities collectively contribute 4.02%, with agriculture, hunting, forestry, and fishing at a marginal 0.1%. The services sector has maintained dominance, benefiting from tourism and associated sectors showing consistent growth. Over the last two years, the economy has seen moderate expansions in services and trade sectors, while other sectors remain largely stable.
Future trends to watch for Sint Maarten involve:
- Increased investment in tourism infrastructure, potentially boosting the services sector.
- Emerging green initiatives may drive growth in construction and utilities.
- Developments in transport and communication to support overall economic growth.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 52.53 | 2016 | |
| 2 | 2 Wholesale, retail trade, restaurants and hotels | 25.67 | 2016 | |
| 3 | 3 Transport, storage and communication | 12.54 | 2016 | |
| 4 | 4 Construction | 5.15 | 2016 | |
| 5 | 5 Mining, Manufacturing, Utilities | 4.02 | 2016 | |
| 6 | 6 Agriculture, hunting, forestry, fishing | 0.1 | 2016 |
