San Marino — Inflation
Inflation, Consumer Prices (Annual %) for San Marino, 2004–2025.
Inflation for San Marino was 2.30% in 2025, according to the latest World Bank data. The series covers 22 years, from 2004 to 2025. The highest recorded value was 5.93% in 2023. The lowest was -0.13% in 2020 (about -17.2× the low point). Across that span the compound annual growth rate works out to 2.28% per year.
San Marino ranks 119 of 187 economies on this measure (1 = highest), putting it in the top 64%. The median for Europe & Central Asia is 3.75%, so San Marino sits below it. It peaked in 2023 and has fallen 61% since. Over the last decade (2015–2025) the figure moved up 1475%. Within Europe & Central Asia it ranks 38 of 49 economies; Luxembourg (2.26%) is just below it. Its sharpest one-year move was up 1311% in 2021. That is 28% above this series' own ten-year average.
Data highlights
From its 2004 level: doubled by 2008. Doubling roughly every 31 years at that pace.
World ranking. Climbed: 134th of 174 in 2004 → 111th of 186 in 2010 → 149th of 178 in 2020 → 104th of 169 in 2025.
Key figures
Full history — 2004 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 2.3% | +1.1 pp |
| 2024 | 1.24% | -4.7 pp |
| 2023 | 5.93% | +0.6 pp |
| 2022 | 5.33% | +3.7 pp |
| 2021 | 1.62% | +1.7 pp |
| 2020 | -0.13% | -0.6 pp |
| 2019 | 0.47% | -0.7 pp |
| 2018 | 1.16% | +0.1 pp |
| 2017 | 1.01% | +0.4 pp |
| 2016 | 0.64% | +0.5 pp |
| 2015 | 0.15% | -1.0 pp |
| 2014 | 1.11% | -0.5 pp |
| 2013 | 1.6% | -1.2 pp |
| 2012 | 2.83% | -0.1 pp |
| 2011 | 2.9% | +0.3 pp |
| 2010 | 2.59% | +0.4 pp |
| 2009 | 2.2% | -2.1 pp |
| 2008 | 4.29% | +1.8 pp |
| 2007 | 2.5% | +0.4 pp |
| 2006 | 2.1% | +0.4 pp |
| 2005 | 1.69% | +0.3 pp |
| 2004 | 1.43% | — |
Frequently asked questions
What was San Marino’s Inflation in 2005?
1.69% (2005). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is San Marino’s Inflation growing or shrinking?
Between 2004 and 2025 the series was growing overall: +60.4% in total — about 2.3% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 2.3%; 2024: 1.24%; 2023: 5.93%; 2022: 5.33%; 2021: 1.62%. Earlier years are in the full-history table below.
Related data
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.