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San Marino Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

4.41% +0.19pp (+4.6%)
Year 2024 Rank #81 Global Peak 9.18% (2015) Source World Bank

San Marino Unemployment Rate (2001–2024)

Overview

San Marino's unemployment rate stood at 4.41% in 2024, a rise of +0.19pp from 2023. The IMF projects 4.44% by 2025. San Marino ranked 81st globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 4.47% - -
2029* IMF 4.47% - -
2028* IMF 4.47% - -
2027* IMF 4.46% - -
2026* IMF 4.47% - -
2025* IMF 4.44% - -
2024 4.41% +0.19pp #81
2023 4.22% −0.92pp #80
2022 5.14% −1.30pp #93
2021 6.44% −0.90pp #104
2020 7.34% −0.32pp #109
2019 7.66% −0.35pp #128
2018 8.01% −0.09pp #128
2017 8.10% −0.50pp #125
2016 8.60% −0.59pp #128
2015 9.18% +0.44pp #132
2014 8.74% +0.66pp #126
2013 8.08% +1.13pp #116
2012 6.95% +1.48pp #98
2011 5.47% +0.52pp #82
2010 4.95% +0.46pp #69
Show all years (2001-2024)
* IMF World Economic Outlook projection

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 unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is San Marino's unemployment rate?

San Marino's unemployment rate was 4.41% in 2024. Ranked 81st globally. This represents a 4.6% increase from the previous year.

What was the highest unemployment rate in San Marino?

San Marino's unemployment rate peaked at 9.18% in 2015.

What was the lowest unemployment rate in San Marino?

The lowest unemployment rate in San Marino was 3.02% in 2007.

How does San Marino rank in unemployment rate?

San Marino ranks 81st globally in unemployment rate as of 2024.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of San Marino in 2025?

San Marino's unemployment rate is projected to reach 4.44% by 2025 based on IMF projection.

What is the unemployment rate of San Marino in 2024?

The unemployment rate of San Marino in 2024 was 4.41%. This ranks 81st in the world.

Cite this page

APA
San Marino Unemployment Rate. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/san-marino/unemployment-rate
BibTeX
@misc{historysaid_san-marino_unemployment-rate, title = {San Marino Unemployment Rate}, url = {https://historysaid.com/san-marino/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }