San Marino is a microstate located in the Italian Peninsula with a population of around 33,000 people. The economy of San Marino is largely dependent on tourism and banking, with its GDP per capita estimated at US$38,400 in 2017. In terms of foreign relations, San Marino has strong ties to other countries in the region as well as other countries around the world. It is also a member of the United Nations, Council of Europe (COE) and Organization for Security and Co-operation in Europe (OSCE). In terms of politics, San Marino has a parliamentary democracy which includes two major parties: Sammarinese Christian Democratic Party (PDCS) and Sammarinese Socialist Party (PSS). The Parliament consists of 60 members who are elected by popular vote every five years. In 2017, PDCS won majority in parliamentary elections under Prime Minister Maria Lea Pedini Amati. See militarynous for San Marino military and defense.
San Marino. According to Countryaah.com, San Marino will be the first country in Europe with 5G networks. After an agreement with Telecom Italia, a test version of the system will be ready in 2018. With 5G networks, you can reach up to ten times higher data rate compared to today’s system. See ABBREVIATIONFINDER for frequently used acronyms and abbreviations related to as well as country profile of San Marino.
Demography and economic geography. – Southern European state, enclave of Italy, located in the Tuscan-Emilian Apennines. In 2014, the population numbered 31,637, according to an estimate by UNDESA (United Nations Department of Economic and Social Affairs), for a density of 527 residents / km2. According to the World Bank, MS benefits from a high GDP (over $ 64,000 per resident in 2013, with a decline of 25% in the four-year period 200912, of 4-5% in 2012 and 3.5% in 2013); the unemployment rate is 8.2% (2014). The main source of income is financial activity, also thanks to favorable tax legislation. Tourism is important (1.8 million entries in 2012), fueled by the proximity to the Romagna Riviera. The industry includes small textile, rubber, paper and leather factories.
Economic and social indicators