Forecast
Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.
Forecast
Need it as JSON? GET /api/v1/forecast/country/{iso3}.
San Marino: forward projections across 14 macro indicators, horizons 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2033, 2034, 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.
Nowcast
Each indicator nowcast from its strongest leading series — inferable from observations already in hand.
For each indicator, San Marino's strongest leading series is fit by ordinary least squares over their shared observed history, then the leader's already-observed recent values project the target — so the next year or two is inferable from data already in hand. These are nowcasts from a leading correlation: correlation, not causation, and not a guaranteed forecast.
Led by Unemployment by 1 year (it moves inversely tothe target; r = -0.944 over 9 obs).
| Year | Nowcast | Implied by Unemployment in |
|---|---|---|
| 2026 | 19.6 | 2025 (4.5) |
Latest observed17(2026)· IMF DataMapper API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 20.44 | 28.68 | 12.21 | 18.44 – 22.45 |
| 2028 | 27.13 | 30 | 12.87 | 22.92 – 30 |
| 2030 | 30 | 30 | 11.59 | 23.84 – 30 |
| 2035 | 30 | 30 | 3.97 | 19.89 – 30 |
Blended 1-yr-ahead17.06· skill-weighted across models
Track record±3.44typical miss · 1 realized · 20% MAPE
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed185.99(2023)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2024 | 150 | 150 | 131.78 | 144.6 – 150 |
| 2026 | 150 | 150 | 118.44 | 137.6 – 150 |
| 2028 | 150 | 150 | 109.25 | 131.28 – 150 |
| 2033 | 150 | 150 | 92.38 | 116.5 – 150 |
Blended 1-yr-ahead150· skill-weighted across models
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed2bn(2023)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 2.3bn | 2.6bn | 2.1bn | 2.3bn – 2.4bn |
| 2028 | 2.6bn | 3.1bn | 2.2bn | 2.4bn – 2.8bn |
| 2030 | 2.8bn | 3.4bn | 2.3bn | 2.5bn – 3.1bn |
| 2035 | 3.4bn | 4.3bn | 2.6bn | 2.7bn – 4.1bn |
Blended 1-yr-ahead2.5bn· skill-weighted across models
Track record±87.3mtypical miss · 1 realized · 4% MAPE
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed0.4(2023)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 1.87 | 12 | -10 | -1.67 – 5.4 |
| 2028 | 2.43 | 12 | -10 | -3.76 – 8.62 |
| 2030 | 2.99 | 12 | -10 | -5.09 – 11.07 |
| 2035 | 4.4 | 12 | -10 | -7.39 – 12 |
Blended 1-yr-ahead-0.01· skill-weighted across models
Track record±0.57typical miss · 1 realized · 44% MAPE
Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%
Latest observed59.9k(2023)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 68.2k | 76.5k | 60.9k | 66k – 70.3k |
| 2028 | 74.6k | 89.1k | 62.1k | 69.1k – 80.2k |
| 2030 | 81.1k | 99.9k | 64.9k | 71.9k – 90.4k |
| 2035 | 97.4k | 123.9k | 74.4k | 77.2k – 117.6k |
Blended 1-yr-ahead74.2k· skill-weighted across models
Track record±2.5ktypical miss · 1 realized · 4% MAPE
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed56.8(2026)· IMF DataMapper API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 62.91 | 85.59 | 36.73 | 58.41 – 67.4 |
| 2028 | 69.12 | 108.41 | 23.79 | 59.76 – 78.48 |
| 2030 | 75.33 | 126.06 | 16.81 | 61.5 – 89.16 |
| 2035 | 90.87 | 162.6 | 8.1 | 65.29 – 116.44 |
Blended 1-yr-ahead57.09· skill-weighted across models
Track record±6.11typical miss · 1 realized · 11% MAPE
Method: linear_trend; lookback 10y; horizon 1y; confidence 80%
Latest observed154.99(2023)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2024 | 150 | 150 | 128.17 | 144.26 – 150 |
| 2026 | 150 | 150 | 112.18 | 137.01 – 150 |
| 2028 | 150 | 150 | 101.18 | 130.53 – 150 |
| 2033 | 150 | 150 | 80.95 | 115.43 – 150 |
Blended 1-yr-ahead149.66· skill-weighted across models
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed2.3(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 3.09 | 8.77 | -3 | 1.78 – 4.4 |
| 2028 | 4.56 | 14.4 | -5 | 2.16 – 6.96 |
| 2030 | 6.04 | 18.73 | -5 | 2.74 – 9.33 |
| 2035 | 9.72 | 27.68 | -5 | 4.19 – 15.26 |
Blended 1-yr-ahead2.58· skill-weighted across models
Track record±0.29typical miss · 1 realized · 10% MAPE
Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%
Latest observed16.88(2023)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2024 | 16.5 | 21.15 | 12.47 | 15.57 – 17.43 |
| 2026 | 15.41 | 23.46 | 8.43 | 13.52 – 17.3 |
| 2028 | 14.31 | 24.71 | 5.3 | 11.68 – 16.95 |
| 2033 | 11.58 | 26.29 | 0 | 7.63 – 15.54 |
Blended 1-yr-ahead16.57· skill-weighted across models
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed34.1k(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 34.1k | 35.7k | 32.6k | 33.1k – 35.2k |
| 2028 | 34.3k | 35.9k | 32.8k | 31.7k – 36.8k |
| 2030 | 34.4k | 36.1k | 32.8k | 30.5k – 38.3k |
| 2035 | 34.8k | 37.2k | 32.5k | 27.6k – 42k |
Blended 1-yr-ahead34k· skill-weighted across models
Track record±115.74typical miss · 1 realized · 0% MAPE
Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%
Latest observed861.2m(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 897.8m | 1.2bn | 573.5m | 833.8m – 961.8m |
| 2028 | 988.5m | 1.6bn | 426.7m | 855.1m – 1.1bn |
| 2030 | 1.1bn | 1.8bn | 354m | 881.9m – 1.3bn |
| 2035 | 1.3bn | 2.3bn | 280.4m | 940.1m – 1.7bn |
Blended 1-yr-ahead889.2m· skill-weighted across models
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed2.58(2024)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2025 | 2.58 | 4.16 | 1 | 2.3 – 2.86 |
| 2027 | 2.58 | 5.31 | 0 | 2.04 – 3.12 |
| 2029 | 2.58 | 6.11 | 0 | 1.83 – 3.32 |
| 2034 | 2.58 | 7.57 | 0 | 1.4 – 3.75 |
Blended 1-yr-ahead2.61· skill-weighted across models
Track record±0.21typical miss · 1 realized · 8% MAPE
Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%
Latest observed861.2m(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 897.8m | 1.2bn | 573.5m | 833.8m – 961.8m |
| 2028 | 988.5m | 1.6bn | 426.7m | 855.1m – 1.1bn |
| 2030 | 1.1bn | 1.8bn | 354m | 881.9m – 1.3bn |
| 2035 | 1.3bn | 2.3bn | 280.4m | 940.1m – 1.7bn |
Blended 1-yr-ahead889.2m· skill-weighted across models
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed4.4(2026)· IMF DataMapper API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 3.9 | 5.08 | 2.73 | 3.66 – 4.14 |
| 2028 | 2.71 | 4.74 | 0.68 | 2.27 – 3.15 |
| 2030 | 1.51 | 4.14 | 0 | 0.99 – 2.04 |
| 2035 | 0 | 3.71 | 0 | 0 – 0.73 |
Blended 1-yr-ahead4.28· skill-weighted across models
Track record±0.5typical miss · 1 realized · 11% MAPE
Method: linear_trend; lookback 6y; horizon 1y; confidence 80%
Reliability badges show each indicator's best model skill— how much it beats a naive last-value forecast, measured out-of-sample on that series' own observed history (backtested one-step-ahead). A track record, not a guarantee of future accuracy.
Generated by the prediction engine (model prediction-engine-v1) on 2026-10-31 from observed history. Projections, not observations — never a guarantee of future values.
Machine-readable: GET /api/v1/forecast/country/SMR · Country page → · Full brief → · API docs
Fit: Current account / GDP ≈ 42.3179 + -5.0478·Unemployment. Correlation, not causation.
Led by Current account / GDP by 2 years (it moves withthe target; r = 0.917 over 7 obs).
| Year | Nowcast | Implied by Current account / GDP in |
|---|---|---|
| 2026 | 2.2bn | 2024 (18.4) |
| 2027 | 2.2bn | 2025 (17.1) |
Fit: GDP (current US$) ≈ 1719287739.5586 + 27132672.0095·Current account / GDP. Correlation, not causation.
Led by Current account / GDP by 3 years (it moves inversely tothe target; r = -0.916 over 6 obs).
| Year | Nowcast | Implied by Current account / GDP in |
|---|---|---|
| 2026 | 50 | 2023 (22) |
| 2027 | 53.63 | 2024 (18.4) |
| 2028 | 54.94 | 2025 (17.1) |
Fit: Govt debt / GDP ≈ 72.1998 + -1.0093·Current account / GDP. Correlation, not causation.
Led by Current account / GDP by 1 year (it moves inversely tothe target; r = -0.89 over 8 obs).
| Year | Nowcast | Implied by Current account / GDP in |
|---|---|---|
| 2026 | 4.49 | 2025 (17.1) |
Fit: Unemployment ≈ 7.1559 + -0.1559·Current account / GDP. Correlation, not causation.
Led by GDP (current US$) by 2 years (it moves inversely tothe target; r = -0.551 over 27 obs).
| Year | Nowcast | Implied by GDP (current US$) in |
|---|---|---|
| 2026 | -2.61 | 2024 (2.1bn) |
| 2027 | -3.93 | 2025 (2.3bn) |
Fit: Real GDP growth ≈ 14.0413 + 0·GDP (current US$). Correlation, not causation.
Machine-readable: GET /api/v1/nowcast/country/SMR?indicator= · API docs
