| variable | 1990-1999 | 2000-2007 | 2008-2009 | 2010-2019 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| real gdp growth | 6.23 | 3.4 | -8.05 | -1.53 | 0.4 | 1.0 | 1.5 | 1.3 | 1.2 |
| CPI % | - | 2.18 | 2.4 | 1.1 | 5.9 | 1.2 | 2.3 | 2.8 | 2.6 |
| Unemployment rate | - | 3.49 | 4.7 | 7.82 | 4.2 | 4.4 | 4.5 | 4.4 | 4.4 |
| Debt/GDP % | - | 14.82 | 20.05 | 35.8 | 68.3 | 62.9 | 60.6 | 77.3 | 58.4 |
| Current account balance/GDP % | - | - | - | 0.62 | 22.0 | 18.4 | 17.1 | 17.1 | 16.9 |
Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here
Geographically the third-smallest state in Europe (after the Holy See and Monaco), San Marino also claims to be the world's oldest republic. According to tradition, it was founded by a Christian stonemason named MARINUS in A.D. 301. San Marino's foreign policy is aligned with that of the EU, although it is not a member. San Marino is negotiating an Association Agreement that is expected to allow participation in the EU’s internal market and cooperation in other policy areas by late 2024. Social and political trends in the republic track closely with those of its larger neighbor, Italy.
Area: 61 sq km km2
Climate: Mediterranean; mild to cool winters; warm, sunny summers
Natural resources: building stone
Groups: Sammarinese, Italian
Languages: Italian
Religions: Roman Catholic
Capital: San Marino (city)
Government type: parliamentary republic
Chief of state: co-chiefs of state Captains Regent Matteo ROSSI and Lorenzo BUGLI (for the period 1 October 2025 - 31 March 2026)
Head of government: Secretary of State for Foreign and Political Affairs Luca BECCARI (since 8 January 2020)
Description: Great and General Council (Consiglio grande e generale) - unicameral
high-income, non-EU European economy; surrounded by Italy, which is the dominant importer and exporter; open border to EU and a euro user; strong financial sector; high foreign investments; low taxation; increasingly high and risky debt
tourism, banking, textiles, electronics, ceramics, cement, wine
GDP by sector: Agriculture: 0% (2022 est.), Industry: 37.6% (2022 est.), Services: 55.1% (2022 est.)
Export partners: Germany 12%, Austria 10%, USA 9%, Romania 8%, Brazil 7% (2023)
Export commodities: washing and bottling machines, other foods, packaged medicine, woodworking machines, aircraft (2023)
Import partners: Germany 24%, Italy 13%, Netherlands 9%, Spain 9%, Poland 8% (2023)
Import commodities: garments, cars, electricity, animal food, footwear (2023)
Southern Europe, an enclave in central Italy
Information derived from worldfactbook.io (Lupon Media), open successor to the CIA World Factbook. Data sourced from World Bank, IMF, UN and other international organizations.