Country exposure · SM
San Marino
Europe · San Marino (city) · parliamentary republic
What San Marino means for your money — the prices you pay, the tariffs in motion, and where U.S. policy could change both.
$27M
U.S. imports, 2025
+4.9%
change in one year
$12M
U.S. exports, 2025
35K
Population
$1.8B
GDP
In your house
What you buy that San Marino makes
America bought $27M in goods from San Marino in 2025. Of every $100 of it, here's where the money went.
Pulp and paper machinery
$12M46.1%
Industrial machines, other
$3M12.2%
Wood, glass, plastic
$3M11.1%
Furniture, household goods, etc.
furniture, mattresses, lamps
$1M5%
Industrial supplies, other
$1M4.3%
Bakery products
$776K2.9%
Toiletries and cosmetics
toiletries and cosmetics
$701K2.6%
Nontextile floor tiles
$699K2.6%
Electric apparatus
$667K2.5%
Metalworking machine tools
$583K2.2%
2026 so far (through April): $8M in imports. Source: U.S. Census Bureau, International Trade in Goods (customs basis).
The other direction
What America sells to San Marino
$12M in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.
Civilian aircraft, engines, equipment, and parts
$10MPharmaceutical preparations
$337Kmedicines and pharmacy items
Artwork, antiques, stamps, etc.
$322KNonagricultural foods, etc.
$274KNumismatic coins
$246KNuts
$103KMinimum value shipments
$85KPassenger cars, new and used
$60Knew and used cars
Other industrial supplies
$29KWhere you stand
U.S. tariff posture toward San Marino
No U.S. tariff action singles this country out. Its goods face the universal 10% temporary import surcharge under Section 122 of the Trade Act (which replaced the IEEPA reciprocal baseline in February 2026) plus the sectoral Section 232 duties — steel and aluminum at 50% — that apply to all countries. The Section 122 surcharge is statutorily temporary — scheduled to lapse on or about July 23, 2026 (a 150-day cap) unless extended or replaced.
Reciprocal tariff (universal baseline)
10%
The universal 10% floor — a Section 122 import surcharge since February 2026, previously the EO 14257 reciprocal baseline — applies to nearly all U.S. imports. This country has no higher assigned rate of its own.
Policy in motion
Tariff status: a moving target
No U.S. tariff action names San Marino. These are the universal measures — applied to every country without a country-specific arrangement — that set its treatment.
2026-04-06
Section 232 metals coverage expanded
In effectThe April 2026 proclamation strengthening Section 232 actions on aluminum, steel, and copper expanded derivative-product coverage for all countries, keeping the general metals rate at 50%.
91 FR 18201 →2026-02-24
IEEPA reciprocal tariffs terminated — replaced by 10% Section 122 surcharge
In effectExecutive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties — including the EO 14257 reciprocal baseline — effective February 24, 2026. A flat 10% Section 122 temporary import surcharge (Proclamation 11012 of February 20, 2026) replaced them, leaving the universal rate unchanged at 10% on a different statutory basis. Section 122 caps such surcharges at 150 days, so this 10% surcharge is scheduled to lapse on or about July 23, 2026 absent further action (the administration has signaled it could raise the rate toward the 15% statutory maximum).
91 FR 9437 →2025-11-13
Agricultural products exempted from reciprocal tariffs
In effectExecutive Order 14360 of November 14, 2025 removed reciprocal duties from certain agricultural products listed in its annexes (coffee, cocoa, bananas, and other goods the U.S. does not produce in sufficient quantity), retroactive to November 13, 2025 — for all countries subject to the reciprocal tariff.
90 FR 54091 →2025-06-04
Section 232 steel and aluminum duties doubled to 50%
In effectThe June 3, 2025 proclamation raised Section 232 duties on steel and aluminum articles and derivatives from 25% to 50% for all countries, effective June 4, 2025.
90 FR 24199 →2025-04-05
Universal 10% reciprocal baseline takes effect
In effectExecutive Order 14257 (signed April 2, 2025) imposed a 10% ad valorem reciprocal duty on imports from all trading partners, effective April 5, 2025. Countries without a higher Annex I rate remain at this baseline.
Federal Register · 2025-06063 →2025-03-12
Section 232 steel and aluminum duties set at 25% for all countries
In effectProclamations of February 10, 2025 terminated all country exemptions and quota arrangements and applied 25% Section 232 duties to steel and aluminum imports from every country, effective March 12, 2025.
90 FR 9817 →
Reference
The country itself
Europe · Geography, people, economy, and government — public-domain data from the CIA World Factbook.
Geographically the third-smallest state in Europe (after the Holy See and Monaco), San Marino also claims to be the world's oldest republic. According to tradition, it was founded by a Christian stonemason named MARINUS in A.D. 301. San Marino's foreign policy is aligned with that of the EU, although it is not a member. San Marino is negotiating an Association Agreement that is expected to allow participation in the EU’s internal market and cooperation in other policy areas by late 2024. Social and political trends in the republic track closely with those of its larger neighbor, Italy.
Geography
- Location
- Southern Europe, an enclave in central Italy
- Area
- 61 sq km
- Climate
- Mediterranean; mild to cool winters; warm, sunny summers
- Terrain
- rugged mountains
- Natural resources
- building stone
- Coastline
- 0 km (landlocked)
- Natural hazards
- occasional earthquakes
People & society
- Population
- 35,291 (2025 est.)
- Nationality
- Sammarinese (singular and plural)
- Ethnic groups
- Sammarinese, Italian
- Languages
- Italian
- Religions
- Roman Catholic
- Median age
- 46.3 years (2025 est.)
- Life expectancy at birth
- 84.2 years (2024 est.)
- Literacy
- 99.9% (2022 est.)
Economy
- Economic overview
- high-income, non-EU European economy; surrounded by Italy, which is the dominant importer and exporter; open border to EU and a euro user; strong financial sector; high foreign investments; low taxation; increasingly high and risky debt
- Industries
- tourism, banking, textiles, electronics, ceramics, cement, wine
- Agricultural products
- wheat, grapes, corn, olives; cattle, pigs, horses, beef, cheese, hides
- Exports - partners
- Germany 12%, Austria 10%, USA 9%, Romania 8%, Brazil 7% (2023)
- Imports - partners
- Germany 24%, Italy 13%, Netherlands 9%, Spain 9%, Poland 8% (2023)
Government
- Government type
- parliamentary republic
- Capital
- San Marino (city)
- Independence
- 3 September 301 (traditional founding date)
- Constitution
- San Marino’s principal legislative instruments consist of old customs ( antiche consuetudini ), the Statutory Laws of San Marino (Leges Statutae Sancti Marini), old statutes ( antichi statute ) from the1600s, Brief Notes on the Constitutional Order and Institutional Organs of the Republic of San Marino (Brevi Cenni sull’Ordinamento Costituzionale e gli Organi Istituzionali della Repubblica di San Marino) and successive legislation, chief among them is the Declaration of the Rights of Citizens and Fundamental Principles of the San Marino Legal Order (Dichiarazione dei Diritti dei Cittadini e dei Principi Fondamentali dell’Ordinamento Sammarinese), approved 8 July 1974
- Executive branch
- co-chiefs of state Captains Regent Matteo ROSSI and Lorenzo BUGLI (for the period 1 October 2025 - 31 March 2026)
- Legislative branch
- Great and General Council (Consiglio grande e generale)
Full reference data
Every field, by section — CIA World Factbook. Open a topic to expand it.
Introduction
Background
Geographically the third-smallest state in Europe (after the Holy See and Monaco), San Marino also claims to be the world's oldest republic. According to tradition, it was founded by a Christian stonemason named MARINUS in A.D. 301. San Marino's foreign policy is aligned with that of the EU, although it is not a member. San Marino is negotiating an Association Agreement that is expected to allow participation in the EU’s internal market and cooperation in other policy areas by late 2024. Social and political trends in the republic track closely with those of its larger neighbor, Italy.
Travel Facts
US State Dept Travel Advisory
The US Department of State currently recommends US citizens RECONSIDER TRAVEL to San Marino due to COVID-19. Consult its website via the link below for updates to travel advisories and statements on safety, security, local laws, and special circumstances in Italy and San Marino. https://travel.state.gov/content/travel/en/traveladvisories/traveladvisories.html
Passport/Visa Requirements
US citizens should make sure their passport will not expire for at least 6 months after they enter the country even if they do not intend to stay that long. They should also make sure they have at least 2 blank pages in their passport for any entry stamp that will be required. A visa is not required as long as the stay is less than 90 days.
US Embassy/Consulate
+(39) 06-4674-1; United States does not have an Embassy in San Marino; the US Ambassador to Italy is accredited to San Marino, and the US Consulate general in Florence maintains day-to-day ties; US Embassy in San Marino, Lungarno Amerigo Vespucci, 38, 50
Telephone Code
378
Local Emergency Phone
Ambulance: 113; Fire: 116; Police: 112
Vaccinations
See WHO recommendations http://www.who.int/
Climate
Mediterranean; mild to cool winters; warm, sunny summers
Currency (Code)
Euros (EUR)
Electricity/Voltage/Plug Type(s)
230 V / 50 Hz / plug types(s): C, F, L
Major Languages
Italian
Major Religions
Roman Catholic
Time Difference
UTC+1 (6 hours ahead of Washington, DC, during Standard Time); daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Potable Water
Yes
International Driving Permit
Suggested
Road Driving Side
Right
Tourist Destinations
Guaita; cable car ride in Borgo Maggiore & Citta; Palazzo Pubblico; Piazza della Liberta; Cesta Tower
Major Sports
Soccer, basketball, volleyball, motor cycling, baseball
Cultural Practices
Greetings are enthusiastic yet rather formal and travelers should wait until invited to use first names. Once a relationship develops, air-kissing on both cheeks, starting with the left, is often added, as well as a pat on the back between men.
Tipping Guidelines
Tip waiters between 7-13% of the bill according to the service rendered. The average tip for taxi drivers is between 8-20% of the fare. Bellhops usually receive $2 (USD) per luggage item carried to a room.
Souvenirs
Handmade lace and embroidery items, decorative wrought iron, ceramic tableware, wines and liqueurs, stamps and coins, replica medieval weapons
Traditional Cuisine
Torta tre monti — a cake consisting of multiple layers of wafers that are cemented with hazelnut cream and/or chocolate and then coated in chocolate fondant
CIA source last updated
Wednesday, July 20, 2022
Travel resources
Please visit the following links to find further information about your desired destination.
World Health Organization (WHO) - To learn what vaccines and health precautions to take while visiting your destination.
US State Dept Travel Information - Overall information about foreign travel for US citizens.
To obtain an international driving permit (IDP). Only two organizations in the US issue IDPs: American Automobile Association (AAA) and American Automobile Touring Alliance (AATA)
How to get help in an emergency? Contact the nearest US embassy or consulate, or call one of these numbers: from the US or Canada - 1-888-407-4747 or from Overseas - +1 202-501-4444
Page last updated: Wednesday, July 20, 2022
Geography
Location
Southern Europe, an enclave in central Italy
Geographic coordinates
43 46 N, 12 25 E
Map references
Europe
Area - total
61 sq km
Area - land
61 sq km
Area - water
0 sq km
Area - comparative
about one-third the size of Washington, D.C.
Land boundaries - total
37 km
Land boundaries - border countries
Italy 37 km
Coastline
0 km (landlocked)
Maritime claims
none (landlocked)
Climate
Mediterranean; mild to cool winters; warm, sunny summers
Terrain
rugged mountains
Elevation - highest point
Monte Titano 739 m
Elevation - lowest point
Torrente Ausa 55 m
Natural resources
building stone
Land use - agricultural land
38.3% (2023 est.)
Land use - agricultural land: arable land
arable land: 33.1% (2023 est.)
Land use - agricultural land: permanent crops
permanent crops: 5.2% (2023 est.)
Land use - agricultural land: permanent pasture
permanent pasture: 0% (2022 est.)
Land use - forest
16.7% (2023 est.)
Land use - other
45% (2023 est.)
Irrigated land
0 sq km (2022)
Natural hazards
occasional earthquakes
Geography - note
landlocked; an enclave of (completely surrounded by) Italy; smallest independent state in Europe after the Holy See and Monaco; dominated by the Apennine Mountains
People and Society
Population - total
35,291 (2025 est.)
Population - male
17,035
Population - female
18,256
Nationality - noun
Sammarinese (singular and plural)
Nationality - adjective
Sammarinese
Ethnic groups
Sammarinese, Italian
Languages - Languages
Italian
Languages - major-language sample(s)
L'Almanacco dei fatti del mondo, l'indispensabile fonte per le informazioni di base. (Italian) The World Factbook, the indispensable source for basic information.
Religions
Roman Catholic
Age structure - 0-14 years
14.2% (male 2,614/female 2,387)
Age structure - 15-64 years
64.3% (male 10,916/female 11,648)
Age structure - 65 years and over
21.5% (2024 est.) (male 3,414/female 4,116)
Dependency ratios - total dependency ratio
56.5 (2025 est.)
Dependency ratios - youth dependency ratio
22.2 (2025 est.)
Dependency ratios - elderly dependency ratio
34.3 (2025 est.)
Dependency ratios - potential support ratio
2.9 (2025 est.)
Median age - total
46.3 years (2025 est.)
Median age - male
44.5 years
Median age - female
47.4 years
Population growth rate
0.55% (2025 est.)
Birth rate
9.04 births/1,000 population (2025 est.)
Death rate
8.9 deaths/1,000 population (2025 est.)
Net migration rate
5.36 migrant(s)/1,000 population (2025 est.)
Urbanization - urban population
97.8% of total population (2023)
Urbanization - rate of urbanization
0.41% annual rate of change (2020-25 est.)
Major urban areas - population
4,000 SAN MARINO (2018)
Sex ratio - at birth
1.09 male(s)/female
Sex ratio - 0-14 years
1.1 male(s)/female
Sex ratio - 15-64 years
0.94 male(s)/female
Sex ratio - 65 years and over
0.83 male(s)/female
Sex ratio - total population
0.93 male(s)/female (2024 est.)
Mother's mean age at first birth
31.9 years (2019)
Maternal mortality ratio
8 deaths/100,000 live births (2023 est.)
Infant mortality rate - total
6.1 deaths/1,000 live births (2025 est.)
Infant mortality rate - male
7.4 deaths/1,000 live births
Infant mortality rate - female
5 deaths/1,000 live births
Life expectancy at birth - total population
84.2 years (2024 est.)
Life expectancy at birth - male
81.7 years
Life expectancy at birth - female
87 years
Total fertility rate
1.54 children born/woman (2025 est.)
Gross reproduction rate
0.74 (2025 est.)
Drinking water source - improved: total
total: 100% of population (2022 est.)
Drinking water source - unimproved: total
total: 0% of population (2022 est.)
Health expenditure - Health expenditure (as % of GDP)
8% of GDP (2021)
Health expenditure - Health expenditure (as % of national budget)
29.5% of national budget (2022 est.)
Physician density
4.63 physicians/1,000 population (2023)
Sanitation facility access - improved: total
total: 100% of population (2022 est.)
Sanitation facility access - unimproved: total
total: 0% of population (2022 est.)
Education expenditure - Education expenditure (% GDP)
2.9% of GDP (2022 est.)
Education expenditure - Education expenditure (% national budget)
13% national budget (2023 est.)
Literacy - total population
99.9% (2022 est.)
Literacy - male
99.9% (2022 est.)
Literacy - female
99.9% (2022 est.)
School life expectancy (primary to tertiary education) - total
16 years (2015 est.)
School life expectancy (primary to tertiary education) - male
15 years (2015 est.)
School life expectancy (primary to tertiary education) - female
16 years (2015 est.)
Government
Country name - conventional long form
Republic of San Marino
Country name - conventional short form
San Marino
Country name - local long form
Repubblica di San Marino
Country name - local short form
San Marino
Country name - etymology
named after Saint MARINUS, who founded a monastic settlement on Monte Titano in the early 4th century
Government type
parliamentary republic
Capital - name
San Marino (city)
Capital - geographic coordinates
43 56 N, 12 25 E
Capital - time difference
UTC+1 (6 hours ahead of Washington, DC, during Standard Time)
Capital - daylight saving time
+1hr, begins last Sunday in March; ends last Sunday in October
Capital - etymology
named after Saint MARINUS, who founded a monastic settlement on Monte Titano in the early 4th century
Administrative divisions
9 municipalities ( castelli , singular - castello ); Acquaviva, Borgo Maggiore, Chiesanuova, Domagnano, Faetano, Fiorentino, Montegiardino, San Marino Citta, Serravalle
Legal system
civil law system with Italian civil law influences
Constitution - history
San Marino’s principal legislative instruments consist of old customs ( antiche consuetudini ), the Statutory Laws of San Marino (Leges Statutae Sancti Marini), old statutes ( antichi statute ) from the1600s, Brief Notes on the Constitutional Order and Institutional Organs of the Republic of San Marino (Brevi Cenni sull’Ordinamento Costituzionale e gli Organi Istituzionali della Repubblica di San Marino) and successive legislation, chief among them is the Declaration of the Rights of Citizens and Fundamental Principles of the San Marino Legal Order (Dichiarazione dei Diritti dei Cittadini e dei Principi Fondamentali dell’Ordinamento Sammarinese), approved 8 July 1974
Constitution - amendment process
proposed by the Great and General Council; passage requires two-thirds majority Council vote; Council passage by absolute majority vote also requires passage in a referendum
International law organization participation
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
Citizenship - citizenship by birth
no
Citizenship - citizenship by descent only
at least one parent must be a citizen of San Marino
Citizenship - dual citizenship recognized
no
Citizenship - residency requirement for naturalization
30 years
Suffrage
18 years of age; universal
Executive branch - chief of state
co-chiefs of state Captains Regent Matteo ROSSI and Lorenzo BUGLI (for the period 1 October 2025 - 31 March 2026)
Executive branch - head of government
Secretary of State for Foreign and Political Affairs Luca BECCARI (since 8 January 2020)
Executive branch - cabinet
Congress of State elected by the Grand and General Council
Executive branch - election/appointment process
co-chiefs of state (captains regent) indirectly elected by the Grand and General Council for a single 6-month term; Secretary of State for Foreign and Political Affairs indirectly elected by the Grand and General Council for a single 5-year term
Executive branch - most recent election date
co-chiefs of state: 1 April 2025 secretary of state: 28 December 2019
Executive branch - election results
2025 : Denise BRONZETTI (Reformist Alliance) and Italo RIGHI (Christian Democrat) elected captains regent: percent of Grand and General Council vote - NA 2024 : Francesca CIVERCHIA (PDCS) and Dalibor RICCARDI (Free San Marino) elected captains regent; percent of Grand and General Council vote - NA 2019: Luca BECCARI (PDCS) elected Secretary of State for Foreign and Political Affairs; percent of Grand and General Council vote - NA
Executive branch - expected date of next election
co-chiefs of state: September 2025
Executive branch - note
note: the captains regent preside over meetings of the Grand and General Council and its cabinet (Congress of State), which has seven other members who are selected by the Grand and General Council; assisting the captains regent are seven secretaries of state; the secretary of state for Foreign Affairs has some prime ministerial roles
Legislative branch - legislature name
Great and General Council (Consiglio grande e generale)
Legislative branch - legislative structure
unicameral
Legislative branch - number of seats
60 (all directly elected)
Legislative branch - electoral system
proportional representation
Legislative branch - scope of elections
full renewal
Legislative branch - term in office
5 years
Legislative branch - most recent election date
6/9/2024
Legislative branch - parties elected and seats per party
Christian Democratic Party of San Marino (PDCS) (22); Free (Libera) – Socialist Party (PS) (10); Future Republic (RF) (8); Party of Socialists and Democrats (PSD) (8); Tomorrow - Motus Liberi (5); Reformist Alliance (AR) (4); R.E.T.E. Citizens' Movement (3)
Legislative branch - percentage of women in chamber
35%
Legislative branch - expected date of next election
June 2029
Judicial branch - highest court(s)
Council of Twelve or Consiglio dei XII (consists of 12 members)
Judicial branch - judge selection and term of office
judges elected by the Grand and General Council from among its own to serve 5-year terms
Judicial branch - subordinate courts
first instance and first appeal criminal, administrative, and civil courts; Court for the Trust and Trustee Relations; justices of the peace or conciliatory judges
Judicial branch - note
note: the College of Guarantors for the Constitutionality and General Norms functions as San Marino's constitutional court
Political parties
Domani - Modus Liberi or DML Free San Marino (Libera San Marino) or Libera Future Republic or RF Party of Socialists and Democrats or PSD Reformist Alliance or AR RETE Movement Sammarinese Christian Democratic Party or PDCS Socialist Party or PS Tomorrow in Movement coalition (includes RETE Movement, DML)
Diplomatic representation in the US - chief of mission
Ambassador Damiano BELEFFI (since 21 July 2017); note - also Permanent Representative to the UN
Diplomatic representation in the US - chancery
327 E 50th Street, New York, NY 10022
Diplomatic representation in the US - telephone
[1] (212) 751-1234
Diplomatic representation in the US - FAX
[1] (212) 751-1436
Diplomatic representation in the US - email address and website
sanmarinoun@gmail.com Republic of San Marino Permanent Mission to the United Nations
Diplomatic representation from the US - embassy
the United States does not have an Embassy in San Marino; the US Ambassador to Italy is accredited to San Marino, and the US Consulate General in Florence maintains day-to-day ties
International organization participation
CE, FAO, IAEA, IBRD, ICAO, ICC (NGOs), ICCt, ICRM, IDA, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM (observer), IPU, ITU, ITUC (NGOs), LAIA (observer), OPCW, OSCE, Schengen Convention (de facto member), UN, UNCTAD, UNESCO, Union Latina, UNWTO, UPU, WHO, WIPO
Independence
3 September 301 (traditional founding date)
National holiday
Founding of the Republic (or Feast of Saint Marinus), 3 September (A.D. 301)
Flag
description: two equal horizontal bands of white (top) and light blue, with the national coat of arms in the center; the main colors come from the shield on the coat of arms, which features three white towers on mountain peaks on a blue field; a wreath and a crown are around the shield, above a scroll with the word LIBERTAS (Liberty) meaning: the towers represent the Guaita, Cesta, and Montale castles on Mount Titano; white and blue are said to stand for peace and liberty
National symbol(s)
three peaks, each displaying a tower
National color(s)
white, blue
National anthem(s) - title
"Inno Nazionale della Repubblica" (National Anthem of the Republic)
National anthem(s) - lyrics/music
no lyrics/Federico CONSOLO
National anthem(s) - history
adopted 1894; the music for the anthem, which has no lyrics, is based on a 10th-century chorale piece
National heritage - total World Heritage Sites
1 (cultural)
National heritage - selected World Heritage Site locales
San Marino Historic Center and Mount Titano
Economy
Economic overview
high-income, non-EU European economy; surrounded by Italy, which is the dominant importer and exporter; open border to EU and a euro user; strong financial sector; high foreign investments; low taxation; increasingly high and risky debt
Real GDP (purchasing power parity) - Real GDP (purchasing power parity) 2022
$2.393 billion (2022 est.)
Real GDP (purchasing power parity) - Real GDP (purchasing power parity) 2021
$2.218 billion (2021 est.)
Real GDP (purchasing power parity) - Real GDP (purchasing power parity) 2020
$1.947 billion (2020 est.)
Real GDP (purchasing power parity) - note
note: data in 2021 dollars
Real GDP growth rate - Real GDP growth rate 2022
7.9% (2022 est.)
Real GDP growth rate - Real GDP growth rate 2021
13.9% (2021 est.)
Real GDP growth rate - Real GDP growth rate 2020
-6.6% (2020 est.)
Real GDP growth rate - note
note: annual GDP % growth based on constant local currency
Real GDP per capita - Real GDP per capita 2022
$70,900 (2022 est.)
Real GDP per capita - Real GDP per capita 2021
$64,700 (2021 est.)
Real GDP per capita - Real GDP per capita 2020
$56,000 (2020 est.)
Real GDP per capita - note
note: data in 2021 dollars
GDP (official exchange rate)
$1.832 billion (2022 est.)
GDP (official exchange rate) - note
note: data in current dollars at official exchange rate
Inflation rate (consumer prices) - Inflation rate (consumer prices) 2024
1.2% (2024 est.)
Inflation rate (consumer prices) - Inflation rate (consumer prices) 2023
5.9% (2023 est.)
Inflation rate (consumer prices) - Inflation rate (consumer prices) 2022
5.3% (2022 est.)
Inflation rate (consumer prices) - note
note: annual % change based on consumer prices
GDP - composition, by sector of origin - agriculture
0% (2022 est.)
GDP - composition, by sector of origin - industry
37.6% (2022 est.)
GDP - composition, by sector of origin - services
55.1% (2022 est.)
GDP - composition, by sector of origin - note
note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
GDP - composition, by end use - household consumption
35.5% (2022 est.)
GDP - composition, by end use - government consumption
17.1% (2022 est.)
GDP - composition, by end use - investment in fixed capital
17.8% (2022 est.)
GDP - composition, by end use - investment in inventories
5.2% (2022 est.)
GDP - composition, by end use - exports of goods and services
197.4% (2022 est.)
GDP - composition, by end use - imports of goods and services
-173% (2022 est.)
GDP - composition, by end use - note
note: figures may not total 100% due to rounding or gaps in data collection
Agricultural products
wheat, grapes, corn, olives; cattle, pigs, horses, beef, cheese, hides
Industries
tourism, banking, textiles, electronics, ceramics, cement, wine
Industrial production growth rate
10.7% (2022 est.)
Industrial production growth rate - note
note: annual % change in industrial value added based on constant local currency
Remittances - Remittances 2022
1.2% of GDP (2022 est.)
Remittances - Remittances 2021
1.1% of GDP (2021 est.)
Remittances - Remittances 2020
1.1% of GDP (2020 est.)
Remittances - note
note: personal transfers and compensation between resident and non-resident individuals/households/entities
Budget - revenues
$841.03 million (2023 est.)
Budget - expenditures
$816.886 million (2023 est.)
Budget - note
note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated
Public debt - Public debt 2022
103.2% of GDP (2022 est.)
Public debt - note
note: central government debt as a % of GDP
Taxes and other revenues
17.8% (of GDP) (2022 est.)
Taxes and other revenues - note
note: central government tax revenue as a % of GDP
Current account balance - Current account balance 2022
$284.256 million (2022 est.)
Current account balance - Current account balance 2021
$100.118 million (2021 est.)
Current account balance - Current account balance 2020
$42.98 million (2020 est.)
Current account balance - note
note: balance of payments - net trade and primary/secondary income in current dollars
Exports - Exports 2022
$3.616 billion (2022 est.)
Exports - Exports 2021
$3.23 billion (2021 est.)
Exports - Exports 2020
$2.439 billion (2020 est.)
Exports - note
note: balance of payments - exports of goods and services in current dollars
Exports - partners
Germany 12%, Austria 10%, USA 9%, Romania 8%, Brazil 7% (2023)
Exports - partners - note
note: top five export partners based on percentage share of exports
Exports - commodities
washing and bottling machines, other foods, packaged medicine, woodworking machines, aircraft (2023)
Exports - commodities - note
note: top five export commodities based on value in dollars
Imports - Imports 2022
$3.169 billion (2022 est.)
Imports - Imports 2021
$2.94 billion (2021 est.)
Imports - Imports 2020
$2.232 billion (2020 est.)
Imports - note
note: balance of payments - imports of goods and services in current dollars
Imports - partners
Germany 24%, Italy 13%, Netherlands 9%, Spain 9%, Poland 8% (2023)
Imports - partners - note
note: top five import partners based on percentage share of imports
Imports - commodities
garments, cars, electricity, animal food, footwear (2023)
Imports - commodities - note
note: top five import commodities based on value in dollars
Reserves of foreign exchange and gold - Reserves of foreign exchange and gold 2023
$836.088 million (2023 est.)
Reserves of foreign exchange and gold - Reserves of foreign exchange and gold 2022
$716.066 million (2022 est.)
Reserves of foreign exchange and gold - Reserves of foreign exchange and gold 2021
$954.383 million (2021 est.)
Reserves of foreign exchange and gold - note
note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Exchange rates - Currency
euros (EUR) per US dollar -
Exchange rates - Exchange rates 2024
0.924 (2024 est.)
Exchange rates - Exchange rates 2023
0.925 (2023 est.)
Exchange rates - Exchange rates 2022
0.951 (2022 est.)
Exchange rates - Exchange rates 2021
0.845 (2021 est.)
Exchange rates - Exchange rates 2020
0.877 (2020 est.)
Exchange rates - note
note: while not an EU member state, San Marino, due to its preexisting monetary and banking agreements with Italy, has a 2000 monetary agreement with the EU to produce limited euro coinage—but not banknotes—that began enforcement in January 2002 and was superseded by a new EU agreement in 2012
Energy
Electricity access - electrification - total population
100% (2022 est.)
Communications
Telephones - fixed lines - total subscriptions
16,000 (2022 est.)
Telephones - fixed lines - subscriptions per 100 inhabitants
47 (2022 est.)
Telephones - mobile cellular - total subscriptions
41,000 (2022 est.)
Telephones - mobile cellular - subscriptions per 100 inhabitants
120 (2022 est.)
Broadcast media
state-owned public broadcaster operates 1 TV station and 3 radio stations; receives radio and TV broadcasts from Italy (2019)
Internet country code
.sm
Internet users - percent of population
87% (2023 est.)
Broadband - fixed subscriptions - total
12,000 (2022 est.)
Broadband - fixed subscriptions - subscriptions per 100 inhabitants
36 (2022 est.)
Transportation
Civil aircraft registration country code prefix
T7
Airports
1 (2025)
Military and Security
Military and security forces
San Marino Military Corps (Corpi Militari Sammarinesi; aka Sammarinese Armed Forces or Forze Armate Sammarinesi): Fortress Guard Command (or Guard of the Rock), Uniformed Company of the Militias, Guard of the Great and General Council, Corps of the Gendarmerie Ministry of Internal Affairs: Civil Police Corps (2025)
Military service age and obligation
18 is the legal minimum age for voluntary military service; no conscription; government has the authority to call up all San Marino citizens from 16-60 years of age to serve in the military (2025)
Military - note
defense is the responsibility of Italy
Environment
Environmental issues
air pollution; urbanization decreasing rural farmlands; water shortage
International environmental agreements - party to
Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Climate Change-Paris Agreement, Comprehensive Nuclear Test Ban, Desertification, Endangered Species, Nuclear Test Ban, Ozone Layer Protection, Whaling
International environmental agreements - signed, but not ratified
Air Pollution
Climate
Mediterranean; mild to cool winters; warm, sunny summers
Land use - agricultural land
38.3% (2023 est.)
Land use - agricultural land: arable land
arable land: 33.1% (2023 est.)
Land use - agricultural land: permanent crops
permanent crops: 5.2% (2023 est.)
Land use - agricultural land: permanent pasture
permanent pasture: 0% (2022 est.)
Land use - forest
16.7% (2023 est.)
Land use - other
45% (2023 est.)
Urbanization - urban population
97.8% of total population (2023)
Urbanization - rate of urbanization
0.41% annual rate of change (2020-25 est.)
Particulate matter emissions
9.8 micrograms per cubic meter (2019 est.)
Waste and recycling - municipal solid waste generated annually
17,200 tons (2024 est.)
Waste and recycling - percent of municipal solid waste recycled
45.1% (2016 est.)