World Business Center



SAN MARINO

Chair

San Marino, with a population of approximately 34,000 (2023), is a small landlocked microstate located on the Italian Peninsula, known for its rich history and picturesque landscapes. The economy is primarily service-oriented, with significant contributions from tourism, banking, and manufacturing. Tourism plays a crucial role as visitors are drawn to its medieval architecture, historical sites, and stunning views of the surrounding region. The banking sector is well-developed, providing a range of financial services and attracting international clients. Manufacturing, particularly in ceramics, textiles, and food products, also contributes to the economy. With a GDP estimated at around $2 billion and a per capita income of approximately $58,000 (2023), San Marino maintains a high standard of living despite its small size and limited resources.   

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