San Marino GDP Growth Rate (2026)
San Marino has a small high-income European economy supported by manufacturing, services, finance, tourism, and trade. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+1.3%
Annual real GDP growth
World Rank
#162
Out of 195 countries
Change vs 2025
-0.2 pp
2025: +1.5%
Europe Rank
#30
Out of 43 countries
1. San Marino GDP Growth Rate in 2026
San Marino’s economic growth is influenced by manufacturing, tourism, household demand, business services, and conditions in Italy.
2. San Marino GDP Growth Rate Trends (2000–2026)
The country’s growth history has been shaped by industrial activity, financial services, tourism, and close integration with the Italian economy.
3. San Marino GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +1.3% | -0.2 pp |
| 2025 | +1.5% | +0.5 pp |
| 2024 | +1.0% | +0.6 pp |
| 2023 | +0.4% | -7.4 pp |
| 2022 | +7.8% | -6.7 pp |
| 2021 | +14.5% | +21.3 pp |
| 2020 | -6.8% | -8.8 pp |
| 2019 | +2.0% | +0.5 pp |
| 2018 | +1.5% | +1.2 pp |
| 2017 | +0.3% | -2.0 pp |
| 2016 | +2.3% | -0.4 pp |
| 2015 | +2.7% | +3.4 pp |
| 2014 | -0.7% | +0.1 pp |
| 2013 | -0.8% | +6.4 pp |
| 2012 | -7.2% | +1.4 pp |
| 2011 | -8.6% | -2.7 pp |
| 2010 | -5.9% | +4.3 pp |
| 2009 | -10.2% | -9.8 pp |
| 2008 | -0.4% | -7.5 pp |
| 2007 | +7.1% | +3.3 pp |
| 2006 | +3.8% | +1.4 pp |
| 2005 | +2.4% | -2.2 pp |
| 2004 | +4.6% | +0.7 pp |
| 2003 | +3.9% | +3.6 pp |
| 2002 | +0.3% | -5.2 pp |
| 2001 | +5.5% | +3.3 pp |
| 2000 | +2.2% | — |
4. San Marino GDP Growth Performance
Current Growth Rate
+1.3%
(2026 to 2026)
5-Year Average
+2.4%
(2022 to 2026)
10-Year Average
+2.4%
(2017 to 2026)
20-Year Average
+0.1%
(2007 to 2026)
The economy benefits from specialized manufacturing and high-value services, while its small size makes external demand particularly influential.
5. San Marino GDP Growth Rate vs Europe and World
San Marino
+1.3%
Europe Average
+1.9%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
San Marino’s GDP growth rate is approximately
0.6 pp
below the
Europe average
and
1.5 pp
below the world average.
6. San Marino GDP Growth Rate Ranking in Europe
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #26 | Luxembourg | +1.6% |
| #27 | Norway | +1.5% |
| #28 | Estonia | +1.4% |
| #29 | Switzerland | +1.3% |
| #30 | San Marino | +1.3% |
| #31 | Netherlands | +1.2% |
| #32 | Belarus | +1.2% |
| #33 | Russia | +1.1% |
| #34 | Finland | +1.1% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in San Marino
San Marino GDP (Nominal)
$2.4 Billion
(2026)
San Marino GDP Growth Rate
+1.3%
(2026)
San Marino generally follows wider Italian and European economic trends, with greater volatility because of its limited domestic market.
Explore more:
San Marino GDP
9. San Marino GDP Growth Rate Forecast
The outlook depends on manufacturing, tourism, investment, and Italian demand. External weakness and financial-sector pressures remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +1.2% | -0.1 pp |
| 2028 | +1.3% | +0.1 pp |
| 2029 | +1.3% | 0.0 pp |
| 2030 | +1.3% | 0.0 pp |
10. San Marino GDP Growth Rate: Key Findings
San Marino GDP growth rate is estimated at +1.3% in 2026.
It ranks #162 globally and #30 in Europe by annual GDP growth rate.
The growth rate slowed by 0.2 percentage points compared with 2025.
The 5-year average GDP growth rate is +2.4%.
The 10-year average GDP growth rate is +2.4%.
The current rate is 0.6 percentage points below the Europe average.
The current rate is 1.5 percentage points below the world average.
The forecast GDP growth rate is +1.3% in 2030, 0.0 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. San Marino GDP Growth Rate FAQs
San Marino GDP growth rate is estimated at +1.3% in 2026.
San Marino ranks #162 globally and #30 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +1.3% in 2026.
San Marino GDP growth rate was +2.7% in 2015.
San Marino GDP growth rate is 0.6 percentage points below the Europe average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.