Economy of San Marino
Population: 0.03 M (2018)
GDP per Capita: 48,495 USD (2017)
1,630 M.

GDP USD

(2017)

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2,017 B.

EXPORTS USD

(2017)

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2,017 B.

IMPORTS USD

(2017)

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76.64 %

PUBLIC DEBT

(2017)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 1.50 % (2017)
GDP of 2010 USD USD 1.80 B. (2017)
GDP Current USD USD 1.63 B. (2017)
GDP per Capita Current USD USD 48,495 (2017)
GDP per capita, PPP USD 57,297 (2017)
GDP per Capita, 2010 USD USD 53,338 (2017)

Government spending and balances

Indicator Value
Government Spending % GDP
Government Spending
Government Debt % GDP 76.64 % (2017)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 San Marino
Trade Openness San Marino
Exports of Goods and Services % GDP
Exports Goods & Services
Exports Annual Growth San Marino
Imports as % GDP San Marino
Total Imports
Foreign Direct Investment % GDP 0.02 % (2007)
Foreign Direct Investment
Current Account Balance % GDP USD % (2018)
Current Account Balance USD B. (2018)
Trade Balance % GDP % (2018)
Trade Balance USD B. (2018)
Foreign Exchange Reserves incl Gold USD 0.34 B. (2018)
Remittances % GDP USD 0.34 B. (2018)
Remittances USD 0.34 B. (2018)
Balance of Payments USD 0.34 B. (2018)

Labor Market

Indicator Value
Labor Force
Unemployment Rate
Unemployment Rate Females
Unemployment Rate Males
Youth Unemployment (ages 15-24)
Labor Force Participation Rate USD 0.34 B. (2018)
Labor Force (Percent Female) USD 0.34 B. (2018)
Female Labor Force Participation Rate USD 0.34 B. (2018)
Male Labor Force Participation Rate USD 0.34 B. (2018)
Dependent People

Agriculture Sector

Indicator Value
Forest Area
Forest Area km²
Agricultural Land 16.67 % (2016)
Agricultural Land km² 10 km² (2016)
Employment
Value added % GDP
Agriculture Value added
Crop Production Index 16.67 % (2016)
Precipitation
Arable Land 17 % (2016)
Cereal Yield 17 % (2016)
Food production index 17 % (2016)
Rural Population 3 % (2018)
Fertilizer use of Arable Land 17 % (2016)
Livestock Production Index 17 % (2016)
Economy of San Marino

According to the World Bank and its latest published data, the economy of the San Marino presents a growth rate of 1.50 % (2017) to the previous year.

With a population that reaches 0.03 M (2018) and a gross domestic product of USD 1.63 B. (2017), it translates a Gross Domestic Product per Capita of USD 48,495 placing its inhabitants on the threshold of an High-income country (according to the World Bank's updated classification).

San Marino also has a workforce of with an unemployment rate of , where women represent and men , the unemployment rate for young people between 15-24 years old stood at . The total number of dependent people stands at .

The central government spent of its gross domestic product that year, which in absolute terms is . Its consolidated public debt reached 76.64 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, San Marino exported , which represents of its gross domestic product, in that same sense its imports reached with a direct foreign investment of .

San Marino has a forest area of , which represents of its total area, an average rainfall of per year and a population of 3 % (2018) living in rural areas. With a total area of 10 km² (2016) available for agriculture and of its employments, the agricultural sector contributes to the economy of the San Marino about ( of its GDP).