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San Marino — Inflation

Inflation, Consumer Prices (Annual %) for San Marino, 2004–2025.

Latest value · 2025
2.30%
Inflation, Consumer Prices (Annual %) · annual % · +60.4% since 2004

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 3.79%, 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%.

Key figures

Latest (2025)
2.30%
First (2004)
1.43%
Change
+60.4%
Highest
5.93%
in 2023
Lowest
-0.13%
in 2020
Average
2.04%
Annual growth (CAGR)
2.28%
Years of data
22

Recent years

Yearannual %
20252.3%
20241.24%
20235.93%
20225.33%
20211.62%
2020-0.13%
20190.47%
20181.16%
20171.01%
20160.64%
20150.15%
20141.11%
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator 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.