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World/Briefs/San Marino

Intelligence brief

San Marino — intelligence brief

The whole picture in one grounded read: observed macro indicators, the derived macro-sentiment composite, the business-cycle regime, and a forward forecast. Derived reads interpret already-observed numbers; the forecast is labelled projections (not observations); an absent series is shown honestly, never fabricated.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Brief

What the data says

Observed macro, derived sentiment, the business-cycle regime, and forward projections — each traced to the live series it reads. Need it as JSON? GET /api/v1/brief/country/{iso3}.

Full briefledger 51018ed

San Marino: macro conditions look supportive (pressure 34/100); the economy is in expansion; 1 turning-point signal flagged; 14 observed macro indicators held; real gdp growth is projected at 1.87 for 2026.

Macro sentiment

Macro pressure

Derived
Normal
34/ 100

Higher = more macro pressure. Reads as supportive (sentiment +0.32, −1 stressed … +1 supportive).

ⓘ How this score works
Confidence: 90%

Outlook 2026: supportive (projected sentiment +0.32) · a projection from baseline forecasts

Business-cycle regime

DerivedRegime inputsas of 2025-12-31

Expansion

growth 1.5%momentum +0.50confidence: high
Turning-point signals
  • CPI inflation turned up (was falling, now rising).

Latest observations

Observed1 indicator omitted (not covered)

as of 2026-01-01

Current account balance to GDPObserved
17.1%

IMF DataMapper API

as of 2023-01-01

Exports of goods and servicesObserved
186.0%

World Bank Indicators API

as of 2023-01-01

Gross domestic product, current US dollarsObserved
$2bn

World Bank Indicators API

as of 2023-01-01

GDP per capita, current US dollarsObserved
$59.9k

World Bank Indicators API

as of 2023-01-01

Real GDP growthObserved
0.4%

World Bank Indicators API

as of 2026-01-01

General government debt to GDPObserved
77.3%

IMF DataMapper API

as of 2023-01-01

Imports of goods and servicesObserved
155.0%

World Bank Indicators API

as of 2025-01-01

Consumer price inflationObserved
2.3%

World Bank Indicators API

as of 2023-01-01

Gross fixed capital formation to GDPObserved
16.9%

World Bank Indicators API

as of 2025-01-01

Total populationObserved
34.1k

World Bank Indicators API

as of 2025-01-01

Total reserves (excluding gold)Observed
$861.2m

World Bank Indicators API

as of 2023-01-01

Reserves in months of importsObserved
3

World Bank Indicators API

as of 2025-01-01

Total reserves (including gold)Observed
$861.2m

World Bank Indicators API

as of 2026-01-01

Unemployment rateObserved
4.4%

IMF DataMapper API

Forward forecast

Derivedprojections, not observations

Headline reliability: below naive track record (-7% skill vs naive; realized ±0.5672 over 1) · a track record, not a guarantee

Forecast heldDerivedledger 51018ed
Real GDP growth — 2026 baseline projection
1.87

San Marino: forward projections across 14 macro indicators, horizons 2024, 2026, 2028, 2030, 2033, 2035. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Latest observed17.1(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202620.4428.6812.2118.44 – 22.45
202827.133012.8722.92 – 30
2030303011.5923.84 – 30
203530303.9719.89 – 30

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Exports of goods and services

Latest observed185.99(2023)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2024150150131.78144.6 – 150
2026150150118.44137.6 – 150
2028150150109.25131.28 – 150
203315015092.38116.5 – 150

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Latest observed2bn(2023)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.3bn2.6bn2.1bn2.3bn – 2.4bn
20282.6bn3.1bn2.2bn2.4bn – 2.8bn
20302.8bn3.4bn2.3bn2.5bn – 3.1bn
20353.4bn4.3bn2.6bn2.7bn – 4.1bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Latest observed0.4(2023)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20261.8712-10-1.67 – 5.4
20282.4312-10-3.76 – 8.62
20302.9912-10-5.09 – 11.07
20354.412-10-7.39 – 12

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Latest observed59.9k(2023)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202668.1k76.4k60.8k66k – 70.2k
202874.5k89k62k69k – 80k
203081k99.7k64.8k71.8k – 90.2k
203597.1k123.6k74.2k77k – 117.3k

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

General government debt to GDP

Latest observed77.3(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202663.6686.2937.5559.16 – 68.16
202869.79108.9924.5660.41 – 79.17
203075.92126.5217.5362.06 – 89.78
203591.24162.88.6665.63 – 116.84

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Imports of goods and services

Latest observed154.99(2023)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2024150150128.17144.26 – 150
2026150150112.18137.01 – 150
2028150150101.18130.53 – 150
203315015080.95115.43 – 150

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Latest observed2.3(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20263.098.77-31.78 – 4.4
20284.5614.4-52.16 – 6.96
20306.0418.73-52.74 – 9.33
20359.7227.68-54.19 – 15.26

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Gross fixed capital formation to GDP

Latest observed16.88(2023)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202416.521.1512.4715.57 – 17.43
202615.4123.468.4313.52 – 17.3
202814.3124.715.311.68 – 16.95
203311.5826.2907.63 – 15.54

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Total population

Latest observed34.1k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202634.1k35.7k32.6k33.1k – 35.2k
202834.3k35.9k32.8k31.7k – 36.8k
203034.4k36.1k32.8k30.5k – 38.3k
203534.8k37.2k32.5k27.6k – 42k

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Total reserves (excluding gold)

Latest observed861.2m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2026897.8m1.2bn573.5m833.8m – 961.8m
2028988.5m1.6bn426.7m855.1m – 1.1bn
20301.1bn1.8bn354m881.9m – 1.3bn
20351.3bn2.3bn280.4m940.1m – 1.7bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Reserves in months of imports

Latest observed2.89(2023)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20242.84.461.132.5 – 3.1
20262.685.5602.11 – 3.25
20282.636.3501.85 – 3.41
20332.587.8401.37 – 3.8

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Total reserves (including gold)

Latest observed861.2m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2026897.8m1.2bn573.5m833.8m – 961.8m
2028988.5m1.6bn426.7m855.1m – 1.1bn
20301.1bn1.8bn354m881.9m – 1.3bn
20351.3bn2.3bn280.4m940.1m – 1.7bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Unemployment rate

Latest observed4.4(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
20263.95.082.733.66 – 4.14
20282.714.740.682.27 – 3.15
20301.514.1400.99 – 2.04
203503.7100 – 0.73

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Generated by the prediction engine (model prediction-engine-v1) on 2026-09-18 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/brief/country/SMR · API docs