San Marino's unemployment rate is structurally low compared to the European average, reflecting a labour market characterised by strong demand for cross-border workers and a diversified productive base. The 2023 rate of 5.4% represents a return to pre-pandemic levels.
| Year | Value (%) | YoY change | vs 2010 |
|---|---|---|---|
| 2023 | 5.4 | -11.5% | +3.8% |
| 2022 | 6.1 | -21.8% | +17.3% |
| 2021 | 7.8 | -4.9% | +50.0% |
| 2020 | 8.2 | +28.1% | +57.7% |
| 2019 | 6.4 | -7.2% | +23.1% |
| 2018 | 6.9 | -6.8% | +32.7% |
| 2017 | 7.4 | -8.6% | +42.3% |
| 2016 | 8.1 | -5.8% | +55.8% |
| 2015 | 8.6 | -1.1% | +65.4% |
| 2014 | 8.7 | +8.7% | +67.3% |
| 2013 | 8 | +14.3% | +53.8% |
| 2012 | 7 | +20.7% | +34.6% |
| 2011 | 5.8 | +11.5% | +11.5% |
| 2010 | 5.2 | — | base |
Percentage of the total labour force without employment and actively seeking work (ILO definition). The 2014 peak (8.7%) reflects the delayed consequences of the San Marino banking sector crisis (2008–2013). Inverted trend: lower values indicate better performance.
OESM — Economic Observatory of San Marino. (2026). Unemployment rate — San Marino, 2010–2023 [Dataset]. Retrieved 12 March 2026 from https://oesm.net/en/data/san-marino-unemployment
OESM — Economic Observatory of San Marino. "Unemployment rate — San Marino." Dataset. Accessed 12 March 2026. https://oesm.net/en/data/san-marino-unemployment.
@dataset{oesm2026_unemployment_en,
author = {OESM -- Economic Observatory of San Marino},
title = {Unemployment rate -- San Marino, 2010--2023},
year = {2026},
url = {https://oesm.net/en/data/san-marino-unemployment},
note = {Accessed: 12 March 2026},
license = {CC BY 4.0},
}