San Marino Unemployment Rate
Unemployment as % of total labor force SL.UEM.TOTL.ZS
San Marino's unemployment rate was 4.41% in 2024, ranked 81st globally. This represents a 4.6% increase from 2023. Data from World Bank, covering 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.
San Marino's unemployment rate has fluctuated over the past two decades, ranging from a low of 3.02% in 2007 to a peak of 9.18% in 2015. The country's unemployment rate reached its highest point in over a decade during the European sovereign-debt crisis, a period when many of its European peers, such as the United Kingdom, also experienced significant increases in unemployment. As of 2024, San Marino's unemployment rate stands at 4.41%, ranking #81 globally. Compared to its peer countries, the Democratic Republic of Congo, for instance, has a similar unemployment rate of 4.42%. This relatively stable figure suggests that San Marino has managed to mitigate the impact of economic downturns. However, a significant decline in the country's labor force participation rate could potentially alter this trajectory and lead to increased unemployment.
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 |
Detected Pattern
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
San Marino's unemployment rate was 4.41% in 2024. Ranked 81st globally. This represents a 4.6% increase from the previous year.
San Marino's unemployment rate peaked at 9.18% in 2015.
The lowest unemployment rate in San Marino was 3.02% in 2007.
San Marino ranks 81st globally in unemployment rate as of 2024.
The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.
San Marino's unemployment rate is projected to reach 4.44% by 2025 based on IMF projection.
The unemployment rate of San Marino in 2024 was 4.41%. This ranks 81st in the world.
Cite this page
@misc{historysaid_san-marino_unemployment-rate,
title = {San Marino Unemployment Rate},
url = {https://historysaid.com/san-marino/unemployment-rate/},
publisher = {HistorySaid},
year = {2026}
}