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San Marino Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

San Marino's remittances received was $23.2M in 2025, ranked 174th globally. This represents a 10.2% increase from 2024. Data from World Bank, covering 2017–2025.

$23.2M +$2.1M (+10.2%)
Year 2025 Rank #174 Global Peak $23.2M (2025) Source World Bank

San Marino Remittances Received (2017–2025)

Overview

San Marino's remittances received stood at $23.2M in 2025, a rise of +$2.1M from 2024. Based on recent trends, this figure is projected to reach $23.2M by 2025. San Marino ranked 174th globally.

San Marino's remittances received have demonstrated a steady upward trajectory over the past nine years, with the latest figure standing at 23,181,454.86. This represents the country's all-time peak, a notable milestone achieved in 2025. A comparison to peer countries reveals that San Marino ranks below Micronesia, but significantly above Malta, in terms of remittance receipts. Notably, San Marino's remittance growth has outpaced Malta's, which saw a figure of 15,905,069.73 in 2025. The trough year of 2017, when remittances stood at 16,565,644.77, marks the beginning of this upward trend. The steady increase in remittances suggests a stable source of foreign income for the country. However, a decline in global economic activity or disruptions to the labor markets of major sending countries could potentially alter this trajectory and impact San Marino's remittance receipts in the years to come.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $24.8M - -
2026* trend $24.0M - -
2025* trend $23.2M - -
2025 $23.2M +$2.1M #174
2024 $21.0M −$1.2M #10
2023 $22.3M +$433,753 #12
2022 $21.9M +$815,251 #10
2021 $21.0M +$3.4M #13
2020 $17.7M +$271,508 #13
2019 $17.4M −$1.3M #9
2018 $18.7M +$2.1M #10
2017 $16.6M – #10
* 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 remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is San Marino's remittances received?▾

San Marino's remittances received was $23.2M in 2025. Ranked 174th globally. This represents a 10.2% increase from the previous year.

What was the highest remittances received in San Marino?▾

San Marino's remittances received peaked at $23.2M in 2025.

What was the lowest remittances received in San Marino?▾

The lowest remittances received in San Marino was $16.6M in 2017.

How does San Marino rank in remittances received?▾

San Marino ranks 174th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of San Marino in 2025?▾

San Marino's remittances received is projected to reach $23.2M by 2025 based on trend extrapolation.

What is San Marino's remittances received in million?▾

San Marino's remittances received was approximately 23.18 million ($23.2M) in 2025.

What is the remittances received of San Marino in 2025?▾

The remittances received of San Marino in 2025 was $23.2M. This ranks 174th in the world.

Cite this page

APA
San Marino Remittances Received. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/san-marino/remittances/
BibTeX
@misc{historysaid_san-marino_remittances, title = {San Marino Remittances Received}, url = {https://historysaid.com/san-marino/remittances/}, publisher = {HistorySaid}, year = {2026} }
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