San Marino

San Marino is highly urbanized, with over 97% of its population living in urban areas, reflecting its status as a microstate where rural/urban distinctions are blurred. Furthermore, access to electricity is universal (100%), highlighting complete infrastructure coverage.

San Marino faces a severe demographic challenge indicated by a very low fertility rate of 1.15 children per woman. This rate is far below the replacement level (2.1), suggesting a rapidly aging population and potential future population decline without significant immigration.

In 2023, San Marino experienced a significant inflation rate of nearly 6%, which contrasts sharply with its relatively sluggish GDP growth rate of 0.402%. This combination suggests that the high cost of living is rising much faster than overall economic output, potentially eroding purchasing power.

San Marino exhibits an extremely high level of economic prosperity, with its GDP per capita approaching $60,000. This figure places the microstate among the wealthiest countries globally, despite its small population and absolute GDP size.