San Marino

On this page you will find beneficial information regarding foreign direct investment in / trading with San Marino. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Republic
Population: 33,745 (2021)
GDP: 1.541 billion USD (2020)
Corporate Tax Rate: 8.5% - 17%
Personal Income Tax Rate: 9% - 35%
Major Exports: Washing and Bottling Machines ($57.2M), Pesticides ($21.4M), Other Edible Preparations ($16.7M), Woodworking machines ($13M), and Other Furniture ($10.6M), exporting mostly to Lebanon ($23.7M), Romania ($16.7M), France ($16.2M), Austria ($14.3M), and United States ($13.7M).
Major Imports: Electricity ($39.6M), Cars ($33.2M), Raw Aluminium ($26.4M), Non-Knit Women's Suits ($17.2M), and Other Footwear ($16.3M), importing mostly from Germany ($79.6M), Italy ($55.4M), Poland ($36.6M), France ($33.3M), and Spain ($29.1M).