San Marino Economy and History

San Marino Economy and History



With a gross domestic product (GDP) of US $ 47,406 per resident (2017), the small state is one of the wealthiest countries in Europe. The country’s economy is largely based on tourism, small-scale industry and financial services, as well as the sale of the country’s own stamps and coins. Until the conclusion of several bilateral tax agreements, including the agreement with the EU of December 8th. In 2015, San Marino was considered a tax haven.

Agriculture only plays a subordinate role. Their main products are wine, cereals, olive oil and cheese. The most important branches of the manufacturing industry are the strongly export-oriented textile, electronics and ceramics industries. About 60% of the state budget is financed directly or indirectly through income from tourism. In 2015, 1.89 million foreign guests came to San Marino, most of them as day-trippers from the seaside resorts on the Adriatic coast.

Foreign trade: San Marino is linked to Italy and the EU through a customs, currency and economic union. Almost all imports (especially consumer goods and food) come from neighboring Italy. The most important export goods are building materials, wine and ceramic products.


According to allcountrylist, the road network covers around 290 km. The capital San Marino is connected to the Adriatic city of Rimini via the “Strada Panorama”, where the nearest train station and an airport are also located. A cable car leads to the municipality of Borgo Maggiore.


According to tradition, San Marino was founded by (under Diocletian) persecuted Dalmatian Christians under the leadership of a stonemason named Marinus (Saint Marinus) in the 4th century. A Castellum Sancti Marini is mentioned for the first time in 754 (Pippin’s donation), the city in 885. In the battles between Urbino and Rimini, San Marino achieved in 13-14. Century independence; last territorial acquisitions came in 1462 after a victory over Rimini. Independence was achieved in 1549/1631 by the Pope and in 1797 by Napoleon Bonaparte accepted; Confirmed by the Congress of Vienna in 1815. In 1897 a friendship treaty was signed with Italy (renewed in 1953). During the Second World War, the republic remained neutral despite the fascist government. In 1991, San Marino concluded a customs union and cooperation agreement with the European Community, which came into force in 2002. In 1992 San Marino became a member of the UN.

In the last parliamentary elections on November 20, 2016, none of the electoral alliances initially achieved the required absolute majority. On December 4, 2016, there was therefore a run-off vote, anchored in the electoral law, between the two lists that had received the highest percentage of votes in the first ballot. The list “” from Sinistra Socialista Democratica (including Sinistra Unita [SU]), RF and Civico10 prevailed against the alliance “San Marino prima di tutto” (including the traditional parties PDCS and PSD, which had dominated for many years). The dissatisfaction of the population with the economic development played a role in the election campaign.

World Heritage Site in San Marino

World Heritage Site

  • Historic center of San Marino and Monte Titano (2008)

San Marino and Monte Titano (World Heritage)

San Marino is the oldest republic in the world, according to tradition it was founded in 301. The dwarf state with its intact historical city complex lies at the foot of the 756 m high Monte Titano, which belongs to the Apennines. Medieval defense towers from the 10th, 13th and 14th centuries are located on the three peaks of the mountain range.

an Marino and Monte Titano: facts

Official title: Historic center of San Marino and Monte Titano
Cultural monument: Old town of San Marino on the western slope of Monte Titano (756 m) as well as three fortifications (Guaita, Fratta or Cesta, Montale) on its peaks; Capital of the small state of the same name (4,800 residents) on the Apennine peninsula southwest of Rimini (61 km², 30,000 residents); medieval townscape with narrow, steep streets, stairs partly carved into the rock and fortified town walls with gates; Numerous historical buildings, including the Church of San Francesco (begun in 1361; changed in the 18th century) with paintings by Guercino, Palazzo Valloni (1477; expanded in the 17th century) with a collection of paintings, several monasteries as well as the neoclassical basilica and Palazzo Publico (seat of government) from the 19th century
Continent: Europe
Country: San Marino
Location: San Marino
Appointment: 2008
Meaning: Documents of the last sovereign city-state of the Italian Renaissance; Testimony to a historical republic that has been free since the Middle Ages; outstanding example of a socio-cultural tradition preserved over seven centuries; extraordinarily impressive medieval and neoclassical architecture

San Marino and Monte Titano: history

4th century Foundation of San Marino as a settlement by (under the Roman Emperor Diocletian) persecuted Dalmatian Christians under the leadership of a stonemason named Marinus (Saint Marinus)
754 First mention of a Castellum Sancti Marini (Pippin donation)
885 First mention of the city
13./14. Century Independence of San Marino in the fighting between Urbino and Rimini
1462 Last territorial acquisitions after a victory over Rimini
1549/1631 Recognition of independence by the Pope
1797 Recognition by Napoleon Bonaparte
1815 Confirmation of independence by the Congress of Vienna
1897 Friendship treaty with Italy (renewed in 1953)
1939-1945 Neutrality in World War II despite a fascist government
1991 Customs Union and Cooperation Agreement with the European Community (in force in 2002)
1992 Member of the UN

San Marino Economy and History