Nationality:
Sammarinese, Italian
Languages:
Italian
Religions:
Roman Catholic
Population:
32,742 (July 2014 est.) country comparison to the world: 215
Age structure:
0.87% (2014 est.) country comparison to the world: 127
Birth rate:
8.7 births/1,000 population (2014 est.) country comparison to the world: 215
Death rate:
8.31 deaths/1,000 population (2014 est.) country comparison to the world: 90
Net migration rate:
8.31 migrant(s)/1,000 population (2014 est.) country comparison to the world: 16
Urbanization:
1.49 children born/woman (2014 est.) country comparison to the world: 193
Health expenditures:
7.2% of GDP (2010) country comparison to the world: 80
Physicians density:
4.88 physicians/1,000 population (2011)
Hospital bed density:
3.9 beds/1,000 population (2011)
HIV/AIDS - adult prevalence rate:
NA
HIV/AIDS - people living with HIV/AIDS:
NA
HIV/AIDS - deaths:
NA
Education expenditures:
NA
Literacy:
republic
Capital:
9 municipalities (castelli, singular - castello); Acquaviva, Borgo Maggiore, Chiesanuova, Domagnano, Faetano, Fiorentino, Montegiardino, San Marino Citta, Serravalle
Independence:
3 September 301
National holiday:
Founding of the Republic, 3 September (A.D. 301)
Constitution:
consists of several legislative instruments, chief among them the Statutes (Leges Statuti) of 1600 and the Declaration of Citizen Rights of 1974; latter document amended 2000, 2002 (2013)
Legal system:
civil law system with Italian civil law influences
International law organization participation:
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
Suffrage:
18 years of age; universal
Executive branch:
unicameral Grand and General Council or Consiglio Grande e Generale (60 seats; members elected by popular vote to serve five-year terms) elections:last held on 11 November 2012 (next to be held by November 2017) election results:percent of vote by party - San Marino Common Good coalition (San Marino Bene Comune) 50.7% (PDCS 29.5%, PSD 14.3%, AP 6.7%), Entente for the Country coalition (Intesa per Il Paese) 22.3% (PS 12.1%, UPR 8.4%, USDM 1.7%), Active Citizenry coalition (Cittadinanza Attiva) 16.1% (SU 9.1%, Civic 10 6.7%), Civic Movement R.E.T.E. 6.3%, For San Marino 2.8%, San Marino 3.0 1.8%; seats by party - San Marino Common Good coalition 35 (PDCS 21, PSD 10, AP 4), Entente for the Country coalition 12 (PS 7, UPR 5), Active Citizenry 9 (SU 5, Civic 10 4), Civic Movement R.E.T.E. 4
Judicial branch:
NA
International organization participation:
CE, FAO, IAEA, IBRD, ICAO, ICC (NGOs), 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
Diplomatic representation in the US:
the US does not have an embassy in San Marino; the ambassador to Italy is accredited to San Marino
Flag description:
two equal horizontal bands of white (top) and light blue with the national coat of arms superimposed in the center; the main colors derive from the shield of the coat of arms, which features three white towers on three peaks on a blue field; the towers represent three castles built on San Marino's highest feature, Mount Titano: Guaita, Cesta, and Montale; the coat of arms is flanked by a wreath, below a crown and above a scroll bearing the word LIBERTAS (Liberty); the white and blue colors are also said to stand for peace and liberty respectively
National symbol(s):
three peaks each displaying a tower
National anthem:
San Marino's economy relies heavily on tourism, the banking industry and the manufacture and export of ceramics, clothing, fabrics, furniture, paints, spirits, tiles, and wine. The manufacturing and financial sectors account for more than half of San Marino's GDP. The per capita level of output and standard of living are comparable to those of the most prosperous regions of Italy. The economy benefits from foreign investment due to its relatively low corporate taxes and low taxes on interest earnings. The income tax rate is also very low, about one-third the average EU level. San Marino does not issue public debt securities; when necessary, it finances deficits by drawing down central bank deposits. San Marino's economy has been contracting since 2008, largely due to weakened demand from Italy - which accounts for nearly 90% of its export market - and financial sector consolidation. Difficulties in the banking sector, the recent global economic downturn, and the sizeable decline in tax revenues have contributed to negative real GDP growth. The government has adopted measures to counter the economic downturn, including subsidized credit to businesses and is seeking to shift its growth model away from a reliance on bank and tax secrecy. San Marino continues to work towards harmonizing its fiscal laws with EU and international standards. In September 2009, the OECD removed San Marino from its list of tax havens that have yet to fully adopt global tax standards, and in 2010 San Marino signed Tax Information Exchange Agreements with most major countries. In 2013 San Marino's Government signed a Double Taxation Agreement with Italy, but a referendum on EU membership failed to reach the quorum needed to bring it to a vote.
| | GDP (purchasing power parity):
$1.306 billion (2013 est.) country comparison to the world: 200 $1.353 billion (2012 est.) $1.409 billion (2011 est.) note:data are in 2013 US dollars
GDP (official exchange rate):
$1.866 billion (2013 est.)
GDP - real growth rate:
-3.5% (2013 est.) country comparison to the world: 215 -4% (2012 est.) -2.5% (2011 est.)
GDP - per capita (PPP):
$NA (2013 est.) $55,000 (2012 est.) $60,800 (2011 est.)
GDP - composition, by end use:
wheat, grapes, corn, olives; cattle, pigs, horses, beef, cheese, hides
Industries:
tourism, banking, textiles, electronics, ceramics, cement, wine
Industrial production growth rate:
-1.1% (2012 est.) country comparison to the world: 179
Labor force:
21,960 (September 2013) country comparison to the world: 209
Labor force - by occupation:
7% (2012) country comparison to the world: 73 5.5% (2011)
Population below poverty line:
NA%
Household income or consumption by percentage share:
35.8% of GDP (2011) country comparison to the world: 62
Budget surplus (+) or deficit (-):
-2.9% of GDP (2012 est.) country comparison to the world: 121
Public debt:
25.8% of GDP (2013 est.) country comparison to the world: 128 20.3% of GDP (2012 est.)
Fiscal year:
calendar year
Inflation rate (consumer prices):
2.8% (2012 est.) country comparison to the world: 106 2% (2011)
Commercial bank prime lending rate:
5.92% (31 December 2011 est.) country comparison to the world: 146 5.38% (31 December 2010 est.)
Stock of narrow money:
$1.326 billion (31 December 2007)
Stock of broad money:
$4.584 billion (31 December 2007) country comparison to the world: 131 $4.584 billion
Stock of domestic credit:
$8.822 billion (30 September 2010) country comparison to the world: 100 $8.008 billion (31 December 2009)
Market value of publicly traded shares:
$NA
Exports:
$3.827 billion (2011 est.) country comparison to the world: 124 $2.576 billion (2010 est.)
Exports - commodities:
building stone, lime, wood, chestnuts, wheat, wine, baked goods, hides, ceramics
Exports - partners:
Italy 82.3% (2012 est.)
Imports:
$2.551 billion (2011 est.) country comparison to the world: 154 $2.132 billion (2010 est.)
Imports - commodities:
wide variety of consumer manufactures, food, energy
Imports - partners:
Italy 81.8% (2012 est.)
Reserves of foreign exchange and gold:
$308.6 million (2012 est.) country comparison to the world: 156 $341.9 million (2011)
Debt - external:
$NA
Exchange rates:
euros (EUR) per US dollar - 0.7634 (2012 est.) 0.7752 (2011 est.) 0.755 (2010 est.) 0.7198 (2009 est.) 0.6827 (2008 est.) |