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San Marino Dependency Ratio

Age dependency ratio (% of working-age population)  SP.POP.DPND

San Marino's dependency ratio was 53.90 in 2025, ranked 121st globally. This represents a 1.6% increase from 2024. Data from World Bank, covering 1960–2025.

53.90 +0.84 (+1.6%)
Year 2025 Rank #121 Global Peak 54.28 (1972) Source World Bank

San Marino Dependency Ratio (1960–2025)

Overview

San Marino's dependency ratio stood at 53.90 in 2025, a rise of +0.84 from 2024. Based on recent trends, this figure is projected to reach 53.90 by 2025. San Marino ranked 121st globally.

San Marino's dependency ratio has demonstrated a relatively stable trend over the past 66 years, with a slight decrease in its all-time peak value of 54.28 in 1972 to a latest reading of 53.90 in 2025. This ranking puts San Marino at number 121 globally, positioning it between peer countries such as Norway and Jordan, both with dependency ratios of 53.94 and 53.31 respectively. In contrast, the country's all-time trough of 41.98 in 1994 was a notable exception, showcasing the potential for significant fluctuations in the dependency ratio. The stable nature of San Marino's dependency ratio may be attributed to its relatively small population size and low birth rates. However, a shift in demographics, such as an increase in birth rates or significant migration, could potentially alter the trajectory of the dependency ratio in San Marino, as witnessed in the country's past experience during the 1994 trough.

Data & projection

Year Dependency Ratio YoY change Rank
2027* trend 55.47 - -
2026* trend 54.69 - -
2025* trend 53.90 - -
2025 53.90 +0.84 #121
2024 53.06 +0.67 #90
2023 52.39 +0.73 #83
2022 51.66 +1.05 #80
2021 50.62 +0.59 #70
2020 50.03 +0.04 #68
2019 49.99 +0.00 #70
2018 49.99 −0.04 #73
2017 50.03 −0.15 #75
2016 50.18 +0.01 #78
2015 50.17 +0.25 #83
2014 49.92 +0.46 #84
2013 49.46 +0.54 #83
2012 48.92 +0.37 #80
2011 48.55 +0.33 #78
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +22.1% GDP growth 13.9% C/A balance 5.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

San Marino matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw dependency ratio improve within 24 months. View full analysis →

Frequently Asked Questions

What is San Marino's dependency ratio?▾

San Marino's dependency ratio was 53.90 in 2025. Ranked 121st globally. This represents a 1.6% increase from the previous year.

What was the highest dependency ratio in San Marino?▾

San Marino's dependency ratio peaked at 54.28 in 1972.

What was the lowest dependency ratio in San Marino?▾

The lowest dependency ratio in San Marino was 41.98 in 1994.

How does San Marino rank in dependency ratio?▾

San Marino ranks 121st globally in dependency ratio as of 2025.

What is the World Bank indicator code for dependency ratio?▾

The World Bank indicator code is SP.POP.DPND. Data sourced from World Bank.

What is the projected dependency ratio of San Marino in 2025?▾

San Marino's dependency ratio is projected to reach 53.90 by 2025 based on trend extrapolation.

What is the dependency ratio of San Marino in 2025?▾

The dependency ratio of San Marino in 2025 was 53.90. This ranks 121st in the world.

Cite this page

APA
San Marino Dependency Ratio. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/san-marino/dependency-ratio/
BibTeX
@misc{historysaid_san-marino_dependency-ratio, title = {San Marino Dependency Ratio}, url = {https://historysaid.com/san-marino/dependency-ratio/}, publisher = {HistorySaid}, year = {2026} }
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