Economy of San MarinoPopulation: 0.03 M (2018)
GDP per Capita: 48,495 USD (2017)
GDP and Economic Growth
Government spending and balances
International Trade and Investment
|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|
|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)|
|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)|
|Forest Area km²|
|Agricultural Land||16.67 % (2016)|
|Agricultural Land km²||10 km² (2016)|
|Value added % GDP|
|Agriculture Value added|
|Crop Production Index||16.67 % (2016)|
|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).