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Economy of Poland vs San Marino compared: GDP & Debt

Updated on by Georank team

Poland has a GDP of $918B compared to $2.03B for San Marino, ranking 21/197 and 180/197 by economy size, respectively.

Poland has $507B in government debt (55.3% of GDP), compared to $1.39B (63.9% of GDP) in San Marino.

Poland vs San Marino GDP by year

Poland
San Marino
1x
Year GDP, current $
Poland San Marino
2024 $917,767,106,147 -
2023 $812,451,193,396 $2,027,527,228
2022 $695,607,470,875 $1,829,211,864
2021 $689,170,230,665 $1,855,652,786
2020 $605,914,237,904 $1,541,248,249
2019 $602,683,770,145 $1,616,340,692
2018 $594,616,687,350 $1,655,353,653
2017 $528,356,676,667 $1,528,620,346
2016 $473,259,583,970 $1,468,343,140
2015 $480,054,118,583 $1,419,401,071
2014 $542,134,167,179 $1,673,911,426
2013 $518,179,836,405 $1,678,741,475
2012 $498,148,649,703 $1,604,701,299
2011 $527,848,543,023 $1,813,717,439
2010 $478,111,630,684 $1,881,191,925
2009 $440,891,472,247 $2,064,277,126
2008 $535,612,030,672 $2,403,213,305
2007 $429,715,132,138 $2,188,654,628
2006 $345,897,630,736 $1,909,765,165
2005 $306,999,913,151 $1,786,514,058
2004 $256,268,656,145 $1,715,340,543
2003 $218,561,225,998 $1,462,590,267
2002 $199,694,463,256 $1,148,872,072
2001 $191,823,200,371 $1,059,529,812
2000 $172,953,527,033 $1,007,661,367
1999 $170,704,452,715 $1,109,473,368
1998 $175,282,269,667 $1,048,316,226
1997 $159,893,964,917 $976,606,911
1996 $160,813,026,223 -
1995 $142,838,527,115 -
1994 $110,803,635,288 -
1993 $96,043,157,273 -
1992 $94,337,050,693 -
1991 $85,500,935,935 -
1990 $65,977,748,211 -

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

GeoRank.org/economy/poland/san-marino | CC BY

GDP per capita in Poland vs San Marino by year

Poland
GDP per capita

GDP per capita, PPP
San Marino
GDP per capita

GDP per capita, PPP
1x
Year Current $
Poland San Marino
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $25,104 $51,263 - -
2023 $22,145 $48,473 $59,880 $78,745
2022 $18,891 $46,778 $54,191 $75,941
2021 $18,636 $41,060 $54,176 $64,745
2020 $16,151 $37,089 $44,327 $55,207
2019 $15,875 $35,882 $46,630 $57,444
2018 $15,658 $32,345 $47,951 $54,461
2017 $13,913 $30,170 $45,192 $52,463
2016 $12,464 $28,360 $44,359 $53,033
2015 $12,638 $26,988 $43,147 $52,247
2014 $14,262 $25,460 $51,260 $52,909
2013 $13,622 $24,434 $50,808 $50,770
2012 $13,087 $23,728 $47,946 $51,274
2011 $13,868 $22,809 $55,601 $56,240
2010 $12,568 $20,991 $56,543 $58,926
2009 $11,556 $19,300 $62,429 $61,970
2008 $14,049 $18,372 $75,902 $71,724
2007 $11,273 $16,833 $70,124 $71,744
2006 $9,069 $15,205 $63,271 $67,434
2005 $8,044 $13,936 $59,878 $63,739
2004 $6,712 $13,413 $58,232 $61,114
2003 $5,721 $12,329 $52,530 $60,224
2002 $5,223 $11,841 $41,791 $57,584
2001 $5,015 $11,175 $39,035 $57,252
2000 $4,521 $10,721 $37,601 $53,713
1999 $4,416 $10,081 $41,932 $52,064
1998 $4,534 $9,521 $40,127 $47,679
1997 $4,137 $8,967 $37,853 $44,426
1996 $4,164 $8,310 - -
1995 $3,701 $7,715 - -
1994 $2,875 $7,040 - -
1993 $2,497 $6,560 - -
1992 $2,459 $6,193 - -
1991 $2,236 $5,925 - -
1990 $1,731 $6,185 - -

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

GeoRank.org/economy/poland/san-marino | CC BY

Poland's GDP per capita is $25,104, ranking 48/197, compared to $59,880 in San Marino, ranking 15/197. Adjusted for purchasing power (GDP per capita PPP), Poland ranks 43rd at $51,263, while San Marino ranks 17th at $78,745.

Economic indicators

Poland San Marino
Gross domestic product
$918B
2024
$2.03B
2023
GDP rank
21/197
2024
180/197
2023
GDP growth
3.03%
2023-2024
0.4%
2022-2023
GDP per capita
$25,104
2024
$59,880
2023
GDP per capita rank
48/197
2024
15/197
2023
GDP per capita, PPP
$51,263
2024
$78,745
2023
GDP per capita PPP rank
43/197
2024
17/197
2023
Government debt
$507B
2024
$1.39B
2023
Debt-to-GDP ratio
55.3%
2024
63.9%
2024
Government debt per person
$13,874
2024
$40,919
2023
Government debt per person rank
41/185
2024
13/185
2023
Average annual personal income after taxes
$20,736
2026
$45,474
2026
Market capitalization of domestic companies
$197B
2024
n/a
Number of billionaires
10
2025
n/a
Income share by richest 10%
22.9%
2023
n/a
Income share by poorest 10%
3.3%
2023
n/a
Government expenditure, % of GDP
49.4%
2024
21%
2024
Consumer prices inflation
3.78%
2023-2024
1.2%
2023-2024
Central bank interest rate
4%
2025
n/a
Unemployment rate
2.81%
2024
4.91%
2022
Population
35806942
33967

Spending and national debt comparison by year

Poland
Spending

Debt
San Marino
Spending

Debt
1x
Year % of GDP
Poland San Marino
Government spending Government debt Government spending Government debt
2024 49.4% 55.3% 21% 63.9%
2023 46.9% 49.5% 21.7% 68.3%
2022 43.2% 48.8% 21.7% 70.6%
2021 43.6% 53% 37.1% 77.2%
2020 47.7% 56.6% 59.2% 69.8%
2019 41.4% 45.2% 22.4% 56.2%
2018 41% 48.2% 24.5% 56.7%
2017 41.1% 50.4% 25.6% 56.6%
2016 41.1% 54.1% 23.4% 21.4%
2015 41.5% 51.1% 26.3% 19.3%
2014 42.7% 51.1% 23.7% 21%
2013 43.2% 56.9% 30.2% 23.2%
2012 43.2% 54.5% 30.6% 17.2%
2011 44.1% 54.8% 25.4% 16.6%
2010 46% 53.7% 24.4% 20%
2009 44.9% 49.7% 24.8% 20.1%
2008 44% 46.6% 22% 15.5%
2007 42.8% 44.4% 20.7% 12.6%
2006 44.3% 47.1% 19.7% 14.2%
2005 44.1% 46.5% 19.3% 14.5%
2004 43.3% 44.9% 19% 16.9%
2003 45.5% 46.4% - 16.1%
2002 45.1% 41.6% - 17.2%
2001 44.7% 37.2% - 11.6%
2000 43.1% 36.4% - -
1999 42.5% 39.4% - -
1998 44% 38.7% - -
1997 46.1% 42.7% - -
1996 50.7% 43.2% - -
1995 47.5% 48.7% - -
1994 - 64.3% - -
1993 - 83.9% - -
1992 - 81.9% - -
1991 - 76.9% - -
1990 - 89.7% - -
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 35.6% - - -
1978 35.8% - - -
1977 35.6% - - -
1976 34.8% - - -
1975 34.1% - - -
1974 28.6% - - -
1973 24.5% - - -
1972 24.1% - - -
1971 24.1% - - -
1970 25.8% - - -
1969 26.3% - - -
1968 27.3% - - -
1967 29.6% - - -
1966 31.7% - - -
1965 31.8% - - -
1964 33.5% - - -
1963 33.3% - - -
1962 43% - - -
1961 42.8% - - -
1960 39.2% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20).

GeoRank.org/economy/poland/san-marino | CC BY

In 2024, Poland's government spending was $453B, accounting for 49.4% of its GDP, while San Marino spent $440M, or 21% of GDP.

Debt-to-GDP ratio is 55.3% in Poland and 63.9% in San Marino, ranking 95/185 and 71/185, respectively.

Government deficit by year

Deficit/surplus
Poland

San Marino
1x
Year Deficit/surplus, % of GDP
Poland San Marino
2024 -6.59% -0.53%
2023 -5.27% -0.72%
2022 -3.44% 0.42%
2021 -1.75% -16.4%
2020 -6.85% -37.6%
2019 -0.73% -0.11%
2018 -0.24% -1.56%
2017 -1.49% -3.49%
2016 -2.38% -0.19%
2015 -2.59% -3.32%
2014 -3.66% 1.06%
2013 -4.25% -7.74%
2012 -3.8% -7.08%
2011 -4.97% -4.05%
2010 -7.43% -2.24%
2009 -7.24% -2.46%
2008 -3.6% 0.18%
2007 -1.88% 1.83%
2006 -3.53% 1.51%
2005 -3.93% 3.58%
2004 -4.99% 2.44%
2003 -6.02% -
2002 -4.8% -
2001 -4.73% -
2000 -4% -
1999 -2.3% -
1998 -4.25% -
1997 -4.61% -
1996 -4.84% -
1995 -4.39% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/poland/san-marino | CC BY

In 2023, Poland's government deficit, the difference between spending and revenue, was $42.8B, equivalent to 5.27% of GDP. This compares to San Marino's deficit of $14.7M, or 0.72% of GDP.

Over the past 20 years, Poland recorded a fiscal deficit in 20 of those years, while San Marino ran a deficit in 13 years. On average, Poland posted an annual deficit equal to 3.7% of GDP, compared to deficit of 3.8% of GDP for San Marino.

Inflation comparison by year

Inflation
Poland

San Marino
1x
Year Consumer prices inflation
Poland San Marino
2024 3.78% 1.2%
2023 11.5% 5.9%
2022 14.4% 5.3%
2021 5.06% 1.6%
2020 3.37% -0.1%
2019 2.23% 0.5%
2018 1.81% 1.2%
2017 2.08% 1%
2016 -0.66% 0.6%
2015 -0.87% 0.1%
2014 0.05% 1.1%
2013 0.99% 1.6%
2012 3.56% 2.8%
2011 4.24% 2.2%
2010 2.58% 2.4%
2009 3.8% 2.4%
2008 4.16% 4.1%
2007 2.46% 2.5%
2006 1.28% 2.1%
2005 2.18% 1.7%
2004 3.38% 1.4%
2003 0.68% 1.3%
2002 1.91% -
2001 5.41% -
2000 9.9% -
1999 7.15% -
1998 11.6% -
1997 14.9% -

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2003–2024, retrieved 2026-02-20).

GeoRank.org/economy/poland/san-marino | CC BY

Over the past 22 years, Poland has recorded an average annual inflation rate of 3.28%, compared with 1.95% in San Marino. In 2024, inflation was 3.78% in Poland and 1.2% in San Marino.

Balance of trade

Poland San Marino
Current account balance
$2.8B
2024
$446M
2023
Current account balance ranking
40/190
2024
64/190
2023
Current account balance, % of GDP
+0.3%
2024
+22%
2023
Goods imports
$367B
2024
$2.25B
2023
Goods exports
$361B
2024
$2.53B
2023
Service imports
$74.9B
2024
$894M
2023
Service exports
$118B
2024
$1.25B
2023
Imports of goods and services, % of GDP
48.2%
2024
155%
2023
Exports of goods and services, % of GDP
52.2%
2024
186%
2023

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Poland San Marino
Economic freedom 68.5 76
Economic freedom ranking 46/197 16/197
Property rights 71.8 n/a
Government integrity 60.7 n/a
Judicial effectiveness 62.5 n/a
Tax burden 72.7 n/a
Government spending 35.1 n/a
Fiscal health 74.8 n/a
Business freedom 77.5 n/a
Labor freedom 53.7 n/a
Monetary freedom 73.8 n/a
Trade freedom 79.4 n/a
Investment freedom 80 n/a
Financial freedom 80 n/a

Other economic metrics

Poland San Marino
Services, % of GDP
59.1%
2024
56.9%
2023
Industry, % of GDP
27.2%
2024
35.8%
2023
Agriculture, forestry, and fishing, % of GDP
2.54%
2024
0.02%
2023
GNI, Atlas method
$789B
2024
$1.82B
2023
GNI per capita, PPP
$49,540
2024
$71,860
2023
Total reserves including gold
$223B
2024
$759M
2024
Total reserves ranking
17/177
2024
146/177
2024
Net foreign direct investment
-$10.6B
2024
$52.7M
2023
Net inflows of foreign direct investment
$20.6B
2024
-$18.1M
2023
Net outflows of foreign direct investment
$10B
2024
$0
2024
Poverty at national poverty lines
13.3%
2024
n/a
Gross capital formation, % of GDP
17.8%
2024
16.6%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/poland/san-marino | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.