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San Marino Foreign Reserves

Total reserves including gold  FI.RES.TOTL.CD

San Marino's foreign reserves was $1.0B in 2025, ranked 134th globally. This represents a 21.6% increase from 2024. Data from World Bank, covering 1993–2025.

$1.0B +$180.3M (+21.6%)
Year 2025 Rank #134 Global Peak $1.0B (2025) Source World Bank

San Marino Foreign Reserves (1993–2025)

Overview

San Marino's foreign reserves stood at $1.0B in 2025, a rise of +$180.3M from 2023. Based on recent trends, this figure is projected to reach $1.0B by 2025. San Marino ranked 134th globally.

San Marino's foreign reserves have experienced significant growth over the past three decades, with the country's reserves increasing from 119.9 million US dollars in 1993 to 1.016 billion US dollars in 2025. This represents a substantial increase of over 746% in the country's foreign reserves. San Marino's reserves currently rank 134th globally, with Guyana ranking 2nd among its peer countries, boasting reserves of 1.088 billion US dollars. The all-time peak in reserves was achieved in 2025, underscoring the country's recent financial stability. The country's foreign reserve growth is a reflection of its economic diversification efforts and a stable tourism-based economy. A decline in international tourism, however, could potentially negatively impact San Marino's foreign reserve trajectory, as the sector is a significant contributor to the country's GDP.

Data & projection

Year Foreign Reserves YoY change Rank
2026* trend $1.1B - -
2025* trend $1.0B - -
2025 $1.0B +$180.3M #134
2023 $836.1M +$120.0M #138
2022 $716.1M −$238.3M #143
2021 $954.4M +$172.7M #135
2020 $781.7M +$308.6M #136
2019 $473.1M +$134.1M #149
2018 $338.9M −$20.2M #154
2017 $359.2M −$91.8M #153
2016 $451.0M +$72.0M #146
2015 $379.0M −$13.1M #153
2014 $392.0M −$147.2M #155
2013 $539.3M +$154.3M #147
2012 $384.9M +$43.1M #149
2011 $341.9M −$107.3M #148
2010 $449.2M −$341.1M #143
Show all years (1993-2025)
* 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 foreign reserves improve within 24 months. View full analysis →

Frequently Asked Questions

What is San Marino's foreign reserves?▾

San Marino's foreign reserves was $1.0B in 2025. Ranked 134th globally. This represents a 21.6% increase from the previous year.

What was the highest foreign reserves in San Marino?▾

San Marino's foreign reserves peaked at $1.0B in 2025.

What was the lowest foreign reserves in San Marino?▾

The lowest foreign reserves in San Marino was $119.9M in 1993.

How does San Marino rank in foreign reserves?▾

San Marino ranks 134th globally in foreign reserves as of 2025.

What is the World Bank indicator code for foreign reserves?▾

The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.

What is the projected foreign reserves of San Marino in 2025?▾

San Marino's foreign reserves is projected to reach $1.0B by 2025 based on trend extrapolation.

What is San Marino's foreign reserves in billion?▾

San Marino's foreign reserves was approximately 1.02 billion ($1.0B) in 2025.

What is the foreign reserves of San Marino in 2025?▾

The foreign reserves of San Marino in 2025 was $1.0B. This ranks 134th in the world.

Cite this page

APA
San Marino Foreign Reserves. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/san-marino/reserves/
BibTeX
@misc{historysaid_san-marino_reserves, title = {San Marino Foreign Reserves}, url = {https://historysaid.com/san-marino/reserves/}, publisher = {HistorySaid}, year = {2026} }
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