Landlocked San Marino is world’s fifth smallest country. It is a small republic situated on the slopes of Mount Titano, and surrounded on all sides by the Republic of Italy. It is the smallest independent state in Europe after the Vatican City and Monaco and, until the independence of Nauru (1968), the smallest republic in the world.
San Marino claims to be the oldest surviving sovereign state in the world, and is also one of the wealthiest in terms of GDP per capita. It has a population of only 30,000. The country boasts of one of the lowest unemployment rates in the world.
Tourism dominates the economy of the 61 square kilometres republic, which plays host to more than three million visitors every year. The official language of the country is Italian. Its capital is the City of San Marino and its largest city is Serravalle.
The currency of the country is the Euro. The country’s economy mainly relies on finance, industry, services and tourism. It is among the wealthiest countries in the world in terms of GDP (per capita). It is the only country with more vehicles than people!