NXS-GRX-SMR · Southern Europe

San Marino

Country risk profile on The Global Risks Index: hazard and threat exposure, vulnerability, macro-financial fragility, coping capacity and systemic coupling, with intervals, sources and corrections on every value.

Page GRX-SMREdition Baseline Edition 2026Evidence close 2026-09-30ISO SMR / SMStatus UN member stateValues not yet publishedMethod v1.0.0-draft
FIG 1 · San Marino in Southern Europe
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KazakhstanUzbekistanRussian FederationNorwayFranceMaliMauritaniaIsraelLebanonState of PalestineTunisiaAlgeriaJordanUnited Arab EmiratesQatarKuwaitIraqTurkmenistanIran (Islamic Republic of)Syrian Arab RepublicArmeniaSwedenBelarusUkrainePolandAustriaHungaryRepublic of MoldovaRomaniaLithuaniaLatviaEstoniaGermanyBulgariaGreeceTürkiyeAlbaniaCroatiaSwitzerlandLuxembourgBelgiumNetherlandsPortugalSpainIrelandItalyDenmarkUnited KingdomAzerbaijanGeorgiaSloveniaFinlandSlovakiaCzechiaSaudi ArabiaCyprusMoroccoEgyptLibyaBosnia and HerzegovinaNorth MacedoniaSerbiaMontenegroAndorraBahrainLiechtensteinMonacoMaltaSan MarinoHoly See
Equal Earth · Natural Earth 1:110m · locatorValues when released
Select a neighbouring profile to open it. Boundaries are shown at 1:110m for location only and take no position on any boundary or status.
20
domain indices
443
country indicators
14
hazard domains
14
sub-regional peers
02Humanitarian data

San Marino in humanitarian data

Source observations from the Humanitarian Data Exchange, each with its reference date, provider and licence. They are not index values.

Refugees from the country · 2005-12-31

5

refugees and asylum-seekers abroad, most in United States of America. UNHCR – The UN Refugee Agency · Creative Commons Attribution for Intergovernmental Organisations (CC BY-IGO).

03Areas

The full profile of San Marino, area by area

Fourteen areas from macroeconomy to frontier technology, and the planned innovation index. Each card says whether its sources are cleared, shows the mix, and gives two actions: what the area needs, and a scenario you can run now on open data.

How to readAdmitted: usableUnder legal review: waitingProhibited: excludedNot in the register: not yet assessedAcross the 14 areas: 113 admitted · 63 under legal review · 23 prohibited · 170 not in the register
Partly admitted14 indicators · 2 composites

Macroeconomy and external position

Output, prices, external balance and reserves, monetary conditions and labour, with intervals and the change since the last edition.

GDP
US$ 2.0 billion 2023
GDP per person
US$ 59,871 2023
GDP growth
0.4% 2023
4 admitted · 4 under legal review · 1 not in the register
Partly admitted37 indicators · 7 composites

Fiscal position and public debt

Debt path fan charts, gross financing needs, debt service and fiscal stress, with the assumptions published.

Government revenue
41.3% 2023
Government expense
40.5% 2023
Central government debt
99.9% 2023
7 admitted · 13 under legal review · 8 not in the register
Partly admitted32 indicators · 7 composites

Financial system

Banking-system capital and liquidity, credit growth, asset prices and contagion on the dependency network.

Non-performing loans
14.8% 2025
Bank capital to assets
6.5% 2025
Lending interest rate
4.6% 2025
9 admitted · 4 under legal review · 1 prohibited · 8 not in the register
Partly admitted18 indicators · 5 composites

Trade, economic structure and supply chains

Trade openness and concentration, commodity dependence and supply-chain exposure by sector.

Trade
341% 2023
Exports
186% 2023
Foreign direct investment, net inflows
-0.9% 2023
8 admitted · 6 under legal review · 5 not in the register
Partly admitted13 indicators · 5 composites

Water

Water stress, drought, access and quality, coupled to food, energy and health in the water, energy, food, health and biodiversity nexus.

Safely managed drinking water
100% 2024
3 admitted · 2 under legal review · 2 prohibited · 4 not in the register
Partly admitted23 indicators · 6 composites

Energy

Supply security, import dependence, grid reliability, transition exposure and access.

Access to electricity
100% 2024
7 admitted · 5 under legal review · 1 prohibited · 18 not in the register
Partly admitted23 indicators · 6 composites

Food systems

Availability, access, prices and nutrition, and the drivers from water, energy, trade and conflict.

Agriculture, value added
0% 2023
14 admitted · 4 under legal review · 2 not in the register
Partly admitted31 indicators · 6 composites

Health security

Health-system capacity, outbreak preparedness, disease burden and the health effects of other systems.

Life expectancy
85.8 years 2024
Under-5 mortality
1.3 2024
Health spending
6.6% 2023
4 admitted · 2 under legal review · 15 prohibited · 8 not in the register
Partly admitted22 indicators · 6 composites

Environment and biodiversity

Ecosystem condition, biodiversity pressure, land and ocean change and nature dependence of the economy.

Forest area
16.3% 2024
PM2.5 air pollution
12.7 µg/m³ 2023
9 admitted · 5 under legal review · 1 prohibited · 22 not in the register
Partly admitted31 indicators · 8 composites

Climate: physical and transition

Chronic and acute physical risk under scenarios, and transition exposure of the economy and the public balance sheet.

People below 5 m elevation
0% 2015
10 admitted · 7 under legal review · 24 not in the register
Partly admitted39 indicators · 10 composites

Conflict, governance and security

Violence and its spillovers, institutional quality, rule of law and state capacity.

9 admitted · 4 under legal review · 1 prohibited · 14 not in the register
Partly admitted27 indicators · 10 composites

Frontier technology and innovation

Frontier technology risk and capacity side by side: AI, compute, semiconductors, quantum, space, biotech, cyber resilience and digital infrastructure, with the innovation index below.

Internet users
97.3% 2024
Fixed broadband subscriptions
35.8 2022
Patent applications, residents
12 2024
9 admitted · 5 under legal review · 1 prohibited · 26 not in the register
Partly admitted18 indicators · 5 composites

Coping capacity and disaster finance

Preparedness, response and recovery capacity, risk financing and social protection.

9 admitted · 1 under legal review · 1 prohibited · 18 not in the register
Partly admitted46 indicators · 11 composites

Society, demography and mobility

Human development, inequality, ageing, urbanisation and displacement.

Population
34,109 2025
Urban population
97.2% 2025
People aged 65 and over
23.1% 2025
11 admitted · 1 under legal review · 12 not in the register
Planned12 planned indicators

Innovation index

Research, patents, talent, compute, digital infrastructure and capital for San Marino, read beside frontier technology risk. Not in Indicator Standard yet; each indicator needs its source admitted.

04Quote

San Marino composite risk

Value, change since the previous edition, 90% interval and class probability; the history and the published indicators follow.

NXS-GRX-SMR · CRI · Southern Europe · 0–10 scale
San Marino composite risk
–
Values publish with the edition; the interval, class and change appear here.
Previous edition
–
Range since 2016
–
Coupled composite
–
Coupling score S
–
Pulse, latest week
–
Outlook, 12 months
–
Method
Indicator Standard 1.0 · NXS-GRX 2026
Draws
1,000
San Marino composite risk, by edition

No released values yet. The first edition draws the history here with its interval band and class bounds.

The line is the point value by edition; the band is the 90% interval; dashed lines are the class bounds at 2, 3.5, 5 and 6.5.

“San Marino: published indicators” is not connected: the Foundry connection it needs is switched off on this network.

05Profile

Four pillars, composite and coupled composite

The composite is shown only with its four pillars and twenty domain indices beside it; each value carries a 90% interval and a class with its probability.

InstrumentValueChangeChange %90% intervalClass · probabilityTrendRange
NXS-GRX Composite RiskNXS-GRX-SMR · CRI–––––
NXS-GRX Coupled RiskNXS-GRX-SMR · CPL–––––
Hazard and threat exposureNXS-GRX-SMR · HTE–––––
Human and systems vulnerabilityNXS-GRX-SMR · VUL–––––
Macro-financial and structural fragilityNXS-GRX-SMR · MSF–––––
Lack of coping and adaptive capacityNXS-GRX-SMR · LCC–––––
Very low0.0 to < 2.0
Low2.0 to < 3.5
Medium3.5 to < 5.0
High5.0 to < 6.5
Very high6.5 to 10.0
07Coupling

How San Marino is coupled to the world

Not yet estimated. Coupling strengths through trade and inputs, finance and debt, energy, food trade, infrastructure and information are ◆ ESTIMATED per edition with their method and references; the coupled composite is reported beside the standalone one.
09Peers

Profiles in Southern Europe

A peer group is a reading context, not a ranking; profiles are listed by name.

Explore San Marino

Indices, hazards, the map and the data behind every value.

The Global Risks Index

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