San Marino in figures

Output in San Marino shrank in every year from 2008 to 2014, and GDP in current dollars was still smaller in 2023 than in 2008. In 2023 manufacturing produced 31.8% of GDP, and exports of goods and services equalled 186.0% of it. Government debt jumped from 21.4% of GDP in 2016 to 56.6% in 2017 and has stayed above half of GDP since.

GDP

$2.0 bn

2023

from $1.0 bn in 2000

GDP per person

$59 871

2023

from $37 601 in 2000

Real growth

0.4%

2023

from 2.2% in 2000

Inflation

2.3%

2025

from 1.4% in 2004

Government debt

60.6%of GDP

2025

from 11.6% in 2001

Sections

Economy

How large San Marino's economy is, how fast it grows and what it is made of

The last year of fast growth before the decline was 2007, at 7.1%. Seven years of decline followed, with falls of 10.3% in 2009 and 8.3% in 2011. The dollar value of output dropped from $2.4 billion in 2008 to $1.4 billion in 2015 and recovered to $2.0 billion by 2023. After a fall of 6.7% in 2020, output grew 13.9% in 2021 and 7.9% in 2022. The IMF projected about 1.3% a year from 2026 to 2031. The value-added series begin in 2015. Industry with construction made up 32.0% of GDP that year and 35.8% in 2023, and manufacturing alone 28.5% and 31.8%. Services accounted for 56.9% in 2023. Agriculture, forestry and fishing registered 0.0%.

GDP, current US dollars

$2.0 bn2023

World Bank

Data

Year	GDP, current US dollars
2023	$2.0 bn
2022	$1.8 bn
2021	$1.9 bn
2020	$1.5 bn
2019	$1.6 bn
2018	$1.7 bn
2017	$1.5 bn
2016	$1.5 bn
2015	$1.4 bn
2014	$1.7 bn
2013	$1.7 bn
2012	$1.6 bn
2011	$1.8 bn
2010	$1.9 bn
2009	$2.1 bn
2008	$2.4 bn
2007	$2.2 bn
2006	$1.9 bn
2005	$1.8 bn
2004	$1.7 bn
2003	$1.5 bn
2002	$1.1 bn
2001	$1.1 bn
2000	$1.0 bn

Series World Bank NY.GDP.MKTP.CD

Real GDP growth

0.4%2023

World Bank · IMF World Economic Outlook

Data

Year	Growth
2031 (projection)	1.3%
2030 (projection)	1.3%
2029 (projection)	1.3%
2028 (projection)	1.3%
2027 (projection)	1.2%
2026 (projection)	1.3%
2023	0.4%
2022	7.9%
2021	13.9%
2020	−6.7%
2019	2.1%
2018	1.5%
2017	0.3%
2016	2.3%
2015	2.3%
2014	−0.7%
2013	−0.8%
2012	−7.0%
2011	−8.3%
2010	−5.5%
2009	−10.3%
2008	−0.5%
2007	7.1%
2006	3.8%
2005	2.4%
2004	4.5%
2003	3.9%
2002	0.3%
2001	5.6%
2000	2.2%

Series World Bank NY.GDP.MKTP.KD.ZG · IMF World Economic Outlook NGDP_RPCH

GDP per person

$59 8712023

At market exchange ratesAt purchasing power parity

World Bank

Data

Year	GDP per person	At purchasing power
2023	$59 871	$78 810
2022	$54 265	$75 929
2021	$54 169	$64 745
2020	$44 427	$55 207
2019	$46 627	$57 444
2018	$47 951	$54 461
2017	$45 192	$52 463
2016	$44 359	$53 033
2015	$43 147	$52 247
2014	$51 260	$52 909
2013	$50 808	$50 770
2012	$47 946	$51 274
2011	$55 601	$56 240
2010	$56 543	$58 926
2009	$62 429	$61 970
2008	$75 902	$71 724
2007	$70 124	$71 744
2006	$63 271	$67 434
2005	$59 878	$63 739
2004	$58 232	$61 114
2003	$52 530	$60 224
2002	$41 791	$57 584
2001	$39 035	$57 252
2000	$37 601	$53 713

Series World Bank NY.GDP.PCAP.CD · World Bank NY.GDP.PCAP.PP.CD

Value added, share of GDP

Manufacturing has its own band and is left out of other industry. The remainder is taxes on products less subsidies, which the national accounts add to reach GDP.

201559%28%9%

202357%32%

Services
Manufacturing
Other industry and construction
Agriculture, forestry, fishing
Taxes less subsidies

World Bank

Prices and work

What prices and jobs did

The World Bank's price series starts in 2004. Prices rose 4.3% in 2008 and slipped 0.1% in 2020. It rose to 5.3% in 2022 and 5.9% in 2023, then eased to 2.3% in 2025. The IMF put unemployment at 3.0% in 2007 and 9.2% in 2015, and at 4.5% in 2025.

Inflation, consumer prices

2.3%2025

World Bank · IMF World Economic Outlook

Data

Year	Inflation
2031 (projection)	2.0%
2030 (projection)	2.0%
2029 (projection)	2.0%
2028 (projection)	2.0%
2027 (projection)	2.6%
2026 (projection)	2.8%
2025	2.3%
2024	1.2%
2023	5.9%
2022	5.3%
2021	1.6%
2020	−0.1%
2019	0.5%
2018	1.2%
2017	1.0%
2016	0.6%
2015	0.1%
2014	1.1%
2013	1.6%
2012	2.8%
2011	2.9%
2010	2.6%
2009	2.2%
2008	4.3%
2007	2.5%
2006	2.1%
2005	1.7%
2004	1.4%

Series World Bank FP.CPI.TOTL.ZG · IMF World Economic Outlook PCPIPCH

Trade

How open the economy is

Exports equalled 174.4% of GDP in 2015, eased to 164.0% in 2019 and climbed to 197.4% in 2022, and imports moved with them, from 146.9% of GDP in 2015 to 173.0% in 2022 and 155.0% in 2023. The current account showed a surplus of 22.0% of GDP in 2023. In 2018 it was in deficit by 1.9%.

Exports and imports, share of GDP

186.0%2023

ExportsImports

World Bank

Data

Year	Exports of goods and services	Imports
2023	186.0%	155.0%
2022	197.4%	173.0%
2021	184.3%	158.2%
2020	164.5%	140.4%
2019	164.0%	143.3%
2018	166.6%	142.9%
2017	168.8%	145.1%
2016	173.1%	147.1%
2015	174.4%	146.9%

Series World Bank NE.EXP.GNFS.ZS · World Bank NE.IMP.GNFS.ZS

Current account balance, share of GDP

22.0%2023

World Bank

Data

Year	Current account balance
2023	22.0%
2022	13.6%
2021	5.4%
2020	2.8%
2019	2.0%
2018	−1.9%
2017	−0.4%

Series World Bank BN.CAB.XOKA.GD.ZS

Foreign direct investment, net inflows, share of GDP

−0.9%2023

World Bank

Data

Year	Foreign direct investment, net inflows
2023	−0.9%
2022	3.9%
2021	6.8%

Series World Bank BX.KLT.DINV.WD.GD.ZS

Public finances

What the state owes and borrows

From 2001 to 2016 public debt ranged between 11.6% and 23.2% of GDP. In 2017 it was 56.6%. A peak of 77.2% followed in 2021; the IMF estimated 60.6% for 2025. The budget deficit reached 37.6% of GDP in 2020 and 16.4% in 2021. The IMF projected debt of 77.3% for 2026, then a fall to 47.7% by 2031.

General government gross debt, share of GDP

60.6%2025

IMF World Economic Outlook

Data

Year	General government gross debt
2031 (projection)	47.7%
2030 (projection)	50.3%
2029 (projection)	52.9%
2028 (projection)	55.6%
2027 (projection)	58.4%
2026 (projection)	77.3%
2025	60.6%
2024	62.9%
2023	68.3%
2022	70.6%
2021	77.2%
2020	69.8%
2019	56.2%
2018	56.7%
2017	56.6%
2016	21.4%
2015	19.3%
2014	21.0%
2013	23.2%
2012	17.2%
2011	16.6%
2010	20.0%
2009	20.1%
2008	15.5%
2007	12.6%
2006	14.2%
2005	14.5%
2004	16.9%
2003	16.1%
2002	17.2%
2001	11.6%

Series IMF World Economic Outlook GGXWDG_NGDP

Government net lending or borrowing, share of GDP

−1.0%2025

Below zero the government borrowed.

IMF World Economic Outlook

Data

Year	General government net lending or borrowing
2031 (projection)	0.6%
2030 (projection)	0.5%
2029 (projection)	0.6%
2028 (projection)	0.5%
2027 (projection)	−0.1%
2026 (projection)	−1.6%
2025	−1.0%
2024	0.4%
2023	−0.7%
2022	0.4%
2021	−16.4%
2020	−37.6%
2019	−0.1%
2018	−1.6%
2017	−3.5%
2016	−0.2%
2015	−3.3%
2014	1.1%
2013	−7.7%
2012	−7.1%
2011	−4.0%
2010	−2.2%
2009	−2.5%
2008	0.2%
2007	1.8%
2006	1.5%
2005	3.6%
2004	2.4%

Series IMF World Economic Outlook GGXCNL_NGDP

Tax revenue, share of GDP

17.3%2023

World Bank

Data

Year	Tax revenue
2023	17.3%
2022	17.8%
2021	17.3%
2020	16.1%
2019	16.9%
2018	18.0%
2017	16.5%
2016	16.7%
2015	17.9%
2014	18.4%
2013	17.1%
2012	18.0%
2011	16.1%
2010	15.6%
2009	16.9%
2008	17.7%
2007	17.6%
2006	17.2%
2005	16.9%
2004	15.9%
2003	16.9%
2002	18.1%

Series World Bank GC.TAX.TOTL.GD.ZS

People

Who lives in San Marino

The World Bank's population series rose from 26,799 in 2000 to 34,770 in 2020, and was 34,109 in 2025. Net migration was negative from 2021 to 2023. Births per 1,000 people fell from 12.0 in 2000 to 4.2 in 2024, and births per woman were 1.16. By 2025, 23.1% of residents were 65 or older, against 15.5% in 2000. A newborn's life expectancy reached 85.8 years in 2024.

Population

34 1092025

The axis does not start at zero, so the change looks larger than it is.

World Bank

Data

Year	Population
2025	34 109
2024	33 977
2023	33 860
2022	33 755
2021	34 252
2020	34 770
2019	34 663
2018	34 522
2017	33 825
2016	33 101
2015	32 897
2014	32 655
2013	33 041
2012	33 469
2011	32 620
2010	33 270
2009	33 066
2008	31 662
2007	31 211
2006	30 184
2005	29 836
2004	29 457
2003	27 843
2002	27 491
2001	27 143
2000	26 799

Series World Bank SP.POP.TOTL

Age structure, share of the population

World Bank

Data

Year	Aged 0 to 14	15 to 64	65 and over
2025	11.8%	65.0%	23.1%
2024	12.3%	65.3%	22.4%
2023	12.7%	65.6%	21.7%
2022	13.0%	65.9%	21.0%
2021	13.2%	66.4%	20.4%
2020	13.4%	66.7%	19.9%
2019	13.7%	66.7%	19.6%
2018	14.0%	66.7%	19.3%
2017	14.3%	66.7%	19.0%
2016	14.7%	66.6%	18.7%
2015	14.9%	66.6%	18.5%
2014	15.1%	66.7%	18.2%
2013	15.1%	66.9%	18.0%
2012	15.2%	67.2%	17.7%
2011	15.3%	67.3%	17.4%
2010	15.4%	67.5%	17.2%
2009	15.4%	67.7%	17.0%
2008	15.3%	67.9%	16.8%
2007	15.3%	68.1%	16.6%
2006	15.3%	68.3%	16.4%
2005	15.3%	68.5%	16.2%
2004	15.2%	68.7%	16.1%
2003	15.2%	68.9%	15.9%
2002	15.1%	69.1%	15.8%
2001	15.0%	69.3%	15.6%
2000	14.9%	69.5%	15.5%

Series World Bank SP.POP.0014.TO.ZS · World Bank SP.POP.1564.TO.ZS · World Bank SP.POP.65UP.TO.ZS

Births per woman

1.162024

World Bank

Data

Year	Births per woman
2024	1.16
2023	1.15
2022	1.14
2021	1.13
2020	1.11
2019	1.10
2018	1.08
2017	1.05
2016	1.13
2015	1.20
2014	1.26
2013	1.48
2012	1.29
2011	1.46
2010	1.46
2009	1.36
2008	1.52
2007	1.26
2006	1.24
2005	1.20
2004	1.30
2003	1.30
2002	1.43
2001	1.52
2000	1.40

Series World Bank SP.DYN.TFRT.IN

Life expectancy at birth

85.8 years2024

World Bank

Data

Year	Life expectancy at birth
2024	85.8 years
2023	85.7 years
2022	85.7 years
2021	83.5 years
2020	82.7 years
2019	85.3 years
2018	85.1 years
2017	84.9 years
2016	84.8 years
2015	84.6 years
2014	84.4 years
2013	84.2 years
2012	83.9 years
2011	83.7 years
2010	83.5 years
2009	83.2 years
2008	82.9 years
2007	82.6 years
2006	82.3 years
2005	81.9 years
2004	81.6 years
2003	81.3 years
2002	81.1 years
2001	80.8 years
2000	80.5 years

Series World Bank SP.DYN.LE00.IN

Net migration

1222025

People arriving less people leaving, each year. The largest net inflow in the series was 2 325 people, in 2011.

World Bank

Data

Year	Net migration
2025	122
2024	37
2023	−190
2022	−403
2021	−368
2020	247
2019	187
2018	172
2017	234
2016	291
2015	273
2014	74
2013	57
2012	143
2011	2 325
2010	592
2009	311
2008	268
2007	314
2006	310
2005	314
2004	285
2003	277
2002	241
2001	215
2000	233

Series World Bank SM.POP.NETM

Living standards

Health, schooling, the internet and inequality

Nearly half of residents, 48.8%, used the internet in 2000, and 97.3% did in 2024, while health spending fell from a high of 9.0% of GDP in 2012 to 6.6% in 2023 and public spending on education came to 2.9% of GDP in 2022. Adult literacy stood at 99.9% in 2022.

Health spending, share of GDP

6.6%2023

World Bank

Data

Year	Health spending
2023	6.6%
2022	7.2%
2021	7.5%
2020	8.5%
2019	8.2%
2018	8.3%
2017	8.3%
2016	8.4%
2015	8.4%
2014	8.3%
2013	8.2%
2012	9.0%
2011	8.1%
2010	6.2%
2009	6.2%
2008	5.4%
2007	5.1%
2006	4.9%
2005	4.9%
2004	4.9%
2003	4.8%
2002	5.4%
2001	5.6%
2000	5.8%

Series World Bank SH.XPD.CHEX.GD.ZS

Public spending on education, share of GDP

2.9%2022

World Bank

Data

Year	Public spending on education
2022	2.9%
2021	3.1%
2020	3.4%
2019	3.4%
2018	3.6%
2017	3.4%
2016	3.0%
2015	3.1%
2014	3.2%
2013	3.3%
2011	2.7%
2010	2.6%

Series World Bank SE.XPD.TOTL.GD.ZS

Using the internet

97.3%2024

World Bank

Data

Year	Using the internet
2024	97.3%
2023	97.3%
2022	97.3%
2021	81.7%
2020	78.0%
2019	67.8%
2017	60.2%
2016	55.0%
2011	49.6%
2009	54.2%
2008	54.5%
2007	50.4%
2006	50.2%
2004	50.6%
2003	50.0%
2002	50.8%
2001	50.3%
2000	48.8%

Series World Bank IT.NET.USER.ZS

Living in towns and cities

97.2%2025

+3.4 points since 2000, between 93.8% and 97.2% in every year

200093.8%

202597.2%

World Bank

Data

Year	Living in towns and cities
2025	97.2%
2024	97.2%
2023	97.1%
2022	97.1%
2021	97.1%
2020	97.1%
2019	97.1%
2018	97.1%
2017	97.1%
2016	97.1%
2015	97.1%
2014	97.1%
2013	97.1%
2012	97.1%
2011	97.1%
2010	97.1%
2009	96.8%
2008	96.4%
2007	95.8%
2006	95.2%
2005	94.7%
2004	94.2%
2003	94.0%
2002	94.0%
2001	93.9%
2000	93.8%

Series World Bank SP.URB.TOTL.IN.ZS

Energy and environment

Energy, emissions and forest

Woods and forest made up 16.7% of the land in 2000, and the World Bank records the same share in every year to 2023.

Forest cover

16.7%2023

+0.0 points since 2000, between 16.7% and 16.7% in every year

200016.7%

202316.7%

World Bank

Data

Year	Forest cover
2023	16.7%
2022	16.7%
2021	16.7%
2020	16.7%
2019	16.7%
2018	16.7%
2017	16.7%
2016	16.7%
2015	16.7%
2014	16.7%
2013	16.7%
2012	16.7%
2011	16.7%
2010	16.7%
2009	16.7%
2008	16.7%
2007	16.7%
2006	16.7%
2005	16.7%
2004	16.7%
2003	16.7%
2002	16.7%
2001	16.7%
2000	16.7%

Series World Bank AG.LND.FRST.ZS

Codes

San Marino's codes and memberships

The state

Status: Sovereign state
State since: 0301
Government: diarchy, parliamentary republic
Official language: Italian
United Nations: Member

Identifiers

SMISO alpha-2

SMRISO alpha-3

674ISO numeric

Calling code: +378
Internet domain: .sm
Time zone: UTC+01:00

Memberships

Also a member, joining year not on record

Questions

Questions about San Marino in figures

What is San Marino's economic output?

The World Bank puts San Marino's GDP at $2.0 billion for 2023 in current US dollars, or $59,871 per person. Adjusted for price levels, the per-person figure for 2023 was $78,810.

Is San Marino's economy growing?

Slowly. After 13.9% in 2021 and 7.9% in 2022, real output grew 0.4% in 2023 by the World Bank's figures; the IMF put 2025 at 1.5% and projected 1.3% for 2026.

How much government debt does San Marino have?

San Marino's gross government debt was 60.6% of GDP in 2025, the IMF estimated, after a peak of 77.2% in 2021 and 21.4% in 2016. The IMF projected a jump to 77.3% for 2026 and then a fall to 47.7% for 2031.

How high did inflation go in San Marino in 2023?

Consumer prices in San Marino rose 5.9% in 2023, according to the World Bank, the highest rate in a series that starts in 2004. Inflation was 1.2% in 2024 and 2.3% in 2025.

How populous is San Marino?

San Marino had 34,109 residents in 2025, by the World Bank's estimate. A national count of 34,167 for 1 July 2026 sits on the country record.

How long do people live in San Marino?

Babies born in San Marino in 2024 could expect 85.8 years of life, up from 80.5 years in 2000, according to the World Bank. Nearly a quarter of residents, 23.1%, were 65 or older in 2025.

Record generated 2026-08-31, series 2026-09-27 · Q238 · World Bank data · Europe