San Marino

San Marino is the smallest of 52 economies in Europe & Central Asia, yet with just 34,109 people it ranks 13th of 196 on GDP per capita, at US$65,621, and 15th on a PPP basis, at $83,838 international dollars. Its US$ GDP rose 8.0% to US$2.3 billion, though most of that was exchange-rate and price effects, not output; real growth was +1.5%. It held 178th place, between Antigua and Barbuda and Timor-Leste, and remains below its 2008 peak of US$2.4 billion.

As of 2023, industry accounted for 35.8% of output and manufacturing alone 31.8%, while services made up 56.9% and agriculture 0.0%. Inflation stood at 2.3%, unemployment at 4.5% and government gross debt at 59.8% of GDP. The economy is about the size of the Eagle Pass, TX metro area and has grown 2.2 times in US$ terms since 2000. The IMF projects a +21% rise to US$2.7 billion by 2030, which would place it 172nd.