San Marino

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Founded in the middle ages, the republic's long life has not always been serene. Earlier this decade, the fund points out, “growth was sputtering, public finances were precarious, and the economy was mired in [an] old-fashioned modus operandi.” Now, however, the IMF is pleased to report that its financial sector has been undergoing a “quiet revolution”. Quiet, perhaps, but not entirely silent. In June 2005 the republic had its own big bang, when it set up a central bank with supervisory powers. New regulations on fund management were approved last September and the arrival of insurance companies is on the horizon. Banking liberalisation arrived a bit earlier, with eight institutions established in the opening years of this decade.

The Economist

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Analysis

Analysis:

Overview: San Marino

To purchase your copy of the World of Information Overview and Profile of San Marino: CLICK HERE

Profile

Profile:

Profile: San Marino

- Timeline

- Political structure

- Population,

- Education  

- Health

- Welfare

- Main cities

- Languages spoken

- Media

- Economy

- Agriculture

- Industry and manufacturing

- Tourism

- Mining,

- Hydrocarbons

- Energy

- Financial markets

- Banking and insurance

- Time

- Geography

- Climate

- Dress codes

- Entry requirements

- Health (for visitors)

- Hotels

- Credit cards

- Public holidays

- Working hours

- Telecommunications

- Electricity

- Social customs and useful tips

- Security

- Getting there

- Getting about

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Key Facts

Key Facts:

Key Facts
Official name: Serenissima Repubblica di San Marino (Most Serene Republic of San Marino)
Head of State: Two Capitani-Reggenti (Captains-Regent), elected for six month terms: Andrea Belluzi (PSD) and Roberto Venturini (PDCS) (from 1 April 2015)
Head of government: Two Capitani-Reggenti (Captains-Regent): Andrea Belluzi (PSD) and Roberto Venturini (PDCS) (from 1 April 2015)
Ruling party: San Marino Bene Comune (San Marino Common Good) coalition of three parties led by (Noi Sammarinesi (NS) (We Sammarinese), with Partito dei Socialisti e dei Democratici (PSD) (Party of Socialists and Democrats) and Alleanza Popolare (AP) (Popular Alliance) (from 11 Nov 2012)
Area: 61 square km
Population: 31,000 (2014)
Capital: San Marino
Official language: Italian
Currency: Euro (€) = 100 cents
Exchange rate: €0.89 per US$ (Sep 2015)
GDP per capita: US$56,820 (2014)*
GDP real growth: -1.00% (2014)*
GDP: US$1.79 billion (2014)*
Unemployment: 8.74% (2014)
Inflation: 1.10% (2014)
* estimated figure















 

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