| variable | 1997-1999 | 2000-2007 | 2008-2009 | 2010-2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| real gdp growth | 6.24 | 3.41 | -8.01 | -1.53 | 14.38 | 7.9 | 0.4 | 0.7 | 1.0 |
| CPI % | - | 2.19 | 2.42 | 1.1 | 1.62 | 5.33 | 5.93 | 1.24 | 2.03 |
| Unemployment rate | - | 3.49 | 4.71 | 7.81 | 6.44 | 5.14 | 4.22 | 4.41 | 4.44 |
| Debt/GDP % | - | 14.81 | 20.02 | 35.8 | 77.19 | 71.34 | 69.88 | 65.19 | 64.14 |
| Current account balance/GDP % | - | - | - | 0.63 | 5.4 | 15.52 | 13.55 | 6.31 | 4.02 |
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 km2
Climate: Mediterranean; mild to cool winters; warm, sunny summers
Natural resources: building stone
Groups: Sammarinese, Italian
Languages: Italianmajor-language sample(s): L'Almanacco dei fatti del mondo, l'indispensabile fonte per le informazioni di base. (Italian)The World Factbook, the indispensable source for basic information.
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)cabinet: Congress of State elected by the Grand and General Councilelection/appointment process: co-chiefs of state (captains regent) indirectly elected by the Grand and General Council for a single 6-month term; Secretary of State for Foreign and Political Affairs indirectly elected by the Grand and General Council for a single 5-year termmost recent election date: co-chiefs of state: 1 April 2025secretary of state: 28 December 2019election results: 2025: Denise BRONZETTI (Reformist Alliance) and Italo RIGHI (Christian Democrat) elected captains regent: percent of Grand and General Council vote - NA2024: Francesca CIVERCHIA (PDCS) and Dalibor RICCARDI (Free San Marino) elected captains regent; percent of Grand and General Council vote - NA2019: Luca BECCARI (PDCS) elected Secretary of State for Foreign and Political Affairs; percent of Grand and General Council vote - NAexpected date of next election: co-chiefs of state: September 2025note: the captains regent preside over meetings of the Grand and General Council and its cabinet (Congress of State), which has seven other members who are selected by the Grand and General Council; assisting the captains regent are seven secretaries of state; the secretary of state for Foreign Affairs has some prime ministerial roles
Description: legislature name: Great and General Council (Consiglio grande e generale)legislative structure: unicameralnumber of seats: 60 (all directly elected)electoral system: proportional representationscope of elections: full renewalterm in office: 5 yearsmost recent election date: 6/9/2024parties elected and seats per party: Christian Democratic Party of San Marino (PDCS) (22); Free (Libera) – Socialist Party (PS) (10); Future Republic (RF) (8); Party of Socialists and Democrats (PSD) (8); Tomorrow - Motus Liberi (5); Reformist Alliance (AR) (4); R.E.T.E. Citizens' Movement (3)percentage of women in chamber: 35%expected date of next election: June 2029
Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"