Europe & Central Asia · High income
San Marino: the economy in numbers
Per person: $59,871, or $78,810 at purchasing power parity. Population: 34,109 (2025).
GDP in 2023, current US dollars: #185 of 204 economies. IMF estimate for 2024: +1.0%.
GDP
Adjusted for US inflation, in 2025 dollars: $1.96 billion in 1997, $2.14 billion in 2023.
GDP per capita
In 2025 dollars: $75,985 per person in 1997, $63,313 in 2023.
Real GDP growth
Average over 2014–2023: 2.2% a year. Years of falling GDP since 1998: 8 of 26.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Inflation
Consumer prices rose by 55.7% from 2003 to 2025. Highest annual inflation: 5.9% in 2023.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Government debt, % of GDP
Highest since 2001: 78.4% of GDP in 2021. IMF forecast for 2031: 43.6%.
Source: World Bank, World Development Indicators (CC BY 4.0)
Population
1960: 15,428 · 2025: 34,109.
Life expectancy at birth
1960: 73.2 years · 2024: 85.8 years.
Exports of goods and services
2015: 174.5% · 2023: 186.0%.
Data by year
Show the year-by-year table
| Year | GDP | GDP per capita | Per capita, PPP | Real growth | Inflation | Gov. debt, % GDP | Population | Life expectancy | Exports, % GDP |
|---|---|---|---|---|---|---|---|---|---|
| 2031 | 1.3%f | 2.0%f | 43.6%f | ||||||
| 2030 | 1.3%f | 2.0%f | 46.3%f | ||||||
| 2029 | 1.3%f | 2.0%f | 49.1%f | ||||||
| 2028 | 1.2%f | 2.2%f | 51.9%f | ||||||
| 2027 | 1.0%f | 2.6%f | 54.5%f | ||||||
| 2026 | 1.3%f | 2.8%f | 56.8%f | ||||||
| 2025 | 1.5%e | 2.3% | 59.8%e | 34.1K | |||||
| 2024 | 1.0%e | 1.2% | 63.8% | 34K | 85.8 | ||||
| 2023 | $2.03B | $59,871 | $78,810 | 0.4% | 5.9% | 69.3% | 33.9K | 85.7 | 186.0% |
| 2022 | $1.83B | $54,265 | $75,929 | 7.9% | 5.3% | 71.6% | 33.8K | 85.7 | 197.4% |
| 2021 | $1.86B | $54,169 | $64,745 | 13.9% | 1.6% | 78.4% | 34.3K | 83.5 | 184.3% |
| 2020 | $1.54B | $44,427 | $55,207 | −6.6% | −0.1% | 69.8% | 34.8K | 82.7 | 164.5% |
| 2019 | $1.62B | $46,627 | $57,444 | 2.1% | 0.5% | 56.2% | 34.7K | 85.3 | 164.0% |
| 2018 | $1.66B | $47,951 | $54,461 | 1.5% | 1.2% | 56.7% | 34.5K | 85.1 | 166.6% |
| 2017 | $1.53B | $45,192 | $52,463 | 0.3% | 1.0% | 56.4% | 33.8K | 84.9 | 168.8% |
| 2016 | $1.47B | $44,359 | $53,033 | 2.3% | 0.6% | 21.4% | 33.1K | 84.8 | 173.1% |
| 2015 | $1.42B | $43,147 | $52,247 | 2.3% | 0.1% | 19.3% | 32.9K | 84.6 | 174.5% |
| 2014 | $1.67B | $51,260 | $52,909 | −0.7% | 1.1% | 21.0% | 32.7K | 84.4 | |
| 2013 | $1.68B | $50,808 | $50,770 | −0.8% | 1.6% | 23.2% | 33K | 84.2 | |
| 2012 | $1.6B | $47,946 | $51,274 | −7.0% | 2.8% | 17.2% | 33.5K | 83.9 | |
| 2011 | $1.81B | $55,601 | $56,240 | −8.3% | 2.9% | 16.6% | 32.6K | 83.7 | |
| 2010 | $1.88B | $56,543 | $58,926 | −5.5% | 2.6% | 20.0% | 33.3K | 83.5 | |
| 2009 | $2.06B | $62,429 | $61,970 | −10.3% | 2.2% | 20.1% | 33.1K | 83.2 | |
| 2008 | $2.4B | $75,902 | $71,724 | −0.5% | 4.3% | 15.5% | 31.7K | 82.9 | |
| 2007 | $2.19B | $70,124 | $71,744 | 7.1% | 2.5% | 12.6% | 31.2K | 82.6 | |
| 2006 | $1.91B | $63,271 | $67,434 | 3.8% | 2.1% | 14.2% | 30.2K | 82.3 | |
| 2005 | $1.79B | $59,878 | $63,739 | 2.4% | 1.7% | 14.5% | 29.8K | 81.9 | |
| 2004 | $1.72B | $58,232 | $61,114 | 4.5% | 1.4% | 16.9% | 29.5K | 81.6 | |
| 2003 | $1.46B | $52,530 | $60,224 | 3.9% | 1.3% | 16.1% | 27.8K | 81.3 | |
| 2002 | $1.15B | $41,791 | $57,584 | 0.3% | 17.2% | 27.5K | 81.1 | ||
| 2001 | $1.06B | $39,035 | $57,252 | 5.6% | 11.6% | 27.1K | 80.8 | ||
| 2000 | $1.01B | $37,601 | $53,713 | 2.2% | 26.8K | 80.5 | |||
| 1999 | $1.11B | $41,932 | $52,064 | 9.0% | 26.5K | 80.2 | |||
| 1998 | $1.05B | $40,127 | $47,679 | 7.5% | 26.1K | 79.9 | |||
| 1997 | $977M | $37,853 | $44,426 | 25.8K | 79.7 | ||||
| 1996 | 25.5K | 79.3 | |||||||
| 1995 | 25.2K | 79.0 | |||||||
| 1994 | 24.8K | 78.7 | |||||||
| 1993 | 24.5K | 78.4 | |||||||
| 1992 | 24.1K | 78.1 | |||||||
| 1991 | 23.8K | 77.9 | |||||||
| 1990 | 23.5K | 77.8 | |||||||
| 1989 | 23.2K | 77.6 | |||||||
| 1988 | 22.8K | 77.5 | |||||||
| 1987 | 22.7K | 77.5 | |||||||
| 1986 | 22.6K | 77.4 | |||||||
| 1985 | 22.5K | 77.3 | |||||||
| 1984 | 22.3K | 77.2 | |||||||
| 1983 | 22.2K | 77.0 | |||||||
| 1982 | 22.1K | 76.8 | |||||||
| 1981 | 21.8K | 76.6 | |||||||
| 1980 | 21.6K | 76.4 | |||||||
| 1979 | 21.3K | 76.1 | |||||||
| 1978 | 21K | 75.9 | |||||||
| 1977 | 20K | 75.6 | |||||||
| 1976 | 19.1K | 75.4 | |||||||
| 1975 | 19K | 75.3 | |||||||
| 1974 | 19K | 75.1 | |||||||
| 1973 | 19K | 74.8 | |||||||
| 1972 | 18.8K | 74.6 | |||||||
| 1971 | 18.4K | 74.4 | |||||||
| 1970 | 18.2K | 74.3 | |||||||
| 1969 | 18K | 74.2 | |||||||
| 1968 | 17.9K | 74.1 | |||||||
| 1967 | 17.7K | 73.9 | |||||||
| 1966 | 17.5K | 73.8 | |||||||
| 1965 | 17.3K | 73.7 | |||||||
| 1964 | 17K | 73.7 | |||||||
| 1963 | 16.6K | 73.6 | |||||||
| 1962 | 16.2K | 73.5 | |||||||
| 1961 | 15.8K | 73.4 | |||||||
| 1960 | 15.4K | 73.2 |
e: IMF estimate; f: IMF forecast. Inflation: IMF data for 2003, World Bank for the other years.
Nearby economies in Europe & Central Asia
Nearest by distance between capitals, with GDP per capita.
Albania · Andorra · Armenia · Austria · Azerbaijan · Belarus · Belgium · Bosnia and Herzegovina · Bulgaria · Channel Islands · Croatia · Cyprus · Czechia · Denmark · Estonia · Faroe Islands · Finland · France · Georgia · Germany · Gibraltar · Greece · Greenland · Hungary · Iceland · Ireland · Isle of Man · Italy · Kazakhstan · Kosovo · Kyrgyzstan · Latvia · Liechtenstein · Lithuania · Luxembourg · Moldova · Monaco · Montenegro · Netherlands · North Macedonia · Norway · Poland · Portugal · Romania · Russia · San Marino · Serbia · Slovakia · Slovenia · Spain · Sweden · Switzerland · Tajikistan · Turkmenistan · Türkiye · Ukraine · United Kingdom · Uzbekistan
Rankings
GDP by country · GDP per capita · Real GDP growth · Inflation by country · Government debt to GDP · Stock market to GDP · Population by country · Unemployment by country
Data and methods
- GDP: gross domestic product in current US dollars, converted from the local currency at market exchange rates (World Bank); not adjusted for inflation.
- Purchasing power parity (PPP): GDP per person in international dollars, which buy the same basket of goods and services in every country. It compares living standards across countries in the same year; it is not adjusted for inflation over time.
- In 2025 dollars: the charts can remove US inflation (US consumer price index, annual average) so that dollar amounts from different years compare in today's money. Exchange rate swings still show.
- Growth and inflation: World Bank data (calendar years). Years the World Bank does not cover yet, and the estimates and forecasts, come from the IMF World Economic Outlook (October 2026): its forecasts start in 2026, and the years after a country's last actual year are IMF estimates.
- Government debt: gross debt of the general government (central, state and local government and social security funds) as a percentage of GDP, IMF. The World Bank's central government debt is narrower and covers fewer countries.
- Stock market capitalization: the end-of-year value of domestic companies listed on the country's exchanges (World Federation of Exchanges via the World Bank; before 2016, Standard & Poor's), as a percentage of GDP: the “Buffett indicator”. Investment funds are excluded, and so are companies listed only abroad; companies from elsewhere that list on an exchange count for its country (Hong Kong lists many mainland Chinese companies).
- Unemployment: ILO modeled estimates (share of the labor force); comparable across countries, but they may differ from national figures.
Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)