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Macro

San Marino

Europe & Central Asia · High income · IMF WEO April 2026 · World Bank WDI

GDP▲ 7.9%
Current prices2025
2USD bn
GDP per capita▲ 7.5%
Current prices2025
65,543USD
Real GDP growth▲ 0.5 pp
Annual change2025
1.5%
Inflation▲ 1.1 pp
Average consumer prices2025
2.3%
Unemployment▲ 0.1 pp
Rate2025
4.5%
Government debt▼ 2.3 pp
General government, gross2025
60.6% of GDP
Current account▼ 1.3 pp
Balance2025
17.1% of GDP
Population▲ 0.3%
Total2025
0.03million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-10.20.014.51998: 7.5%1999: 9.0%2000: 2.2%2001: 5.5%2002: 0.3%2003: 3.9%2004: 4.6%2005: 2.4%2006: 3.8%2007: 7.1%2008: -0.4%2009: -10.2%2010: -5.9%2011: -8.6%2012: -7.2%2013: -0.8%2014: -0.7%2015: 2.7%2016: 2.3%2017: 0.3%2018: 1.5%2019: 2.0%2020: -6.8%2021: 14.5%2022: 7.8%2023: 0.4%2024: 1.0%2025: 1.5%2026: 1.3% (IMF projection)2027: 1.2% (IMF projection)2028: 1.3% (IMF projection)2029: 1.3% (IMF projection)2030: 1.3% (IMF projection)2031: 1.3% (IMF projection)IMF projection2000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-0.10.05.92003: 1.3%2004: 1.4%2005: 1.7%2006: 2.1%2007: 2.5%2008: 4.1%2009: 2.4%2010: 2.4%2011: 2.2%2012: 2.8%2013: 1.6%2014: 1.1%2015: 0.1%2016: 0.6%2017: 1.0%2018: 1.2%2019: 0.5%2020: -0.1%2021: 1.6%2022: 5.3%2023: 5.9%2024: 1.2%2025: 2.3%2026: 2.8% (IMF projection)2027: 2.6% (IMF projection)2028: 2.0% (IMF projection)2029: 2.0% (IMF projection)2030: 2.0% (IMF projection)2031: 2.0% (IMF projection)IMF projection200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %14.57.80.41.01.51.31.21.31.31.3
Inflation, average consumer prices %1.65.35.91.22.32.82.62.02.02.0
Unemployment rate %6.45.14.24.44.54.44.44.44.44.4
GDP, current prices USD bn2222222333
GDP per capita, current prices USD54,73353,87659,41560,94665,54370,18772,00274,22476,38478,612
GDP per capita, PPP Int. USD65,37675,24978,10880,60083,87887,14189,84092,20794,76497,448
General government gross debt % of GDP77.270.668.362.960.677.358.455.652.950.3
General government net lending/borrowing % of GDP-16.40.4-0.70.4-1.0-1.6-0.10.50.60.5
Current account balance % of GDP5.413.622.018.417.117.116.916.015.114.8
Population million0.030.030.030.030.030.030.030.030.030.03

Government debt, % of GDP

General government gross debt
0.077.32001: 12%2002: 17%2003: 16%2004: 17%2005: 14%2006: 14%2007: 13%2008: 15%2009: 20%2010: 20%2011: 17%2012: 17%2013: 23%2014: 21%2015: 19%2016: 21%2017: 57%2018: 57%2019: 56%2020: 70%2021: 77%2022: 71%2023: 68%2024: 63%2025: 61%2026: 77% (IMF projection)2027: 58% (IMF projection)2028: 56% (IMF projection)2029: 53% (IMF projection)2030: 50% (IMF projection)2031: 48% (IMF projection)IMF projection200520102015202020252030

Current account, % of GDP

Balance of payments
-1.90.022.02017: -0.4%2018: -1.9%2019: 2.0%2020: 2.8%2021: 5.4%2022: 13.6%2023: 22.0%2024: 18.4%2025: 17.1%2026: 17.1% (IMF projection)2027: 16.9% (IMF projection)2028: 16.0% (IMF projection)2029: 15.1% (IMF projection)2030: 14.8% (IMF projection)2031: 14.4% (IMF projection)IMF projection202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
20150.032.028.559.3
20230.035.831.856.9

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method53,910USD2023–
GNI, Atlas method2USD bn2023–
Exports of goods and services186.0% of GDP2023–
Imports of goods and services155.0% of GDP2023–
Life expectancy at birth85.8years2024+1.7%
Urban population97.2% of total2025+0.1 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)