Current account balance as a proportion of GDP (%) in San Marino
San Marino: Current account balance as a proportion of GDP (%) was 22.0% in 2023. ◆ Volatile
Latest (2023)
22.0%
Change on year
up 61.5%
World rank
3rd
of 205 countries
All-time high
22.0%
in 2023
All-time low
-1.9%
in 2018
Years of data
7
2017–2023
Current account balance as a proportion of GDP in San Marino, 2017–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in San Marino is 22.0%, measured in 2023. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 61.5% on the previous year and up 5,719.9% over ten years.
That places San Marino 3rd out of 205 countries with data for 2023, putting it in the top 10%.
Current account balance as a proportion of GDP (%) in San Marino, year by year
| Year | % | Change |
|---|---|---|
| 2017 | -0.4% | — |
| 2018 | -1.9% | +382.3% |
| 2019 | 2.0% | -207.8% |
| 2020 | 2.8% | +37.1% |
| 2021 | 5.4% | +93.5% |
| 2022 | 13.6% | +152.3% |
| 2023 | 22.0% | +61.5% |
San Marino compared with similar countries
- San Marino's 22.0% is above the median for high income countries, which is 1.6%, 13.9× the median. (69 countries reporting)
- San Marino's 22.0% is above the median for Europe & Central Asia, which is -0.7%. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.1% | -1.9% | 2.0% | 3 |
| 2020s | 10.9% | 2.8% | 22.0% | 4 |
Countries ranked near San Marino
More economy & growth data for San Marino
- Real gdp growth, annual growth rate -94.84 % change on previous year (2023)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.3 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.38 Percent per annum (2029)
- Taxes less subsidies on products (current LCU), annual growth rate 7.97 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per capita 4,385 current US$ per person (2023)
- Gdp worldbank constant usd, per unit of GDP 0.8572 units per US$ of GDP (2023)
- Gdp worldbank constant usd, per capita 51,324 units per person (2023)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), per capita 4,055 current LCU per person (2023)
- Manufacturing value added to gdp, per capita 0.0009 units per person (2023)
Frequently asked questions
- What is current account balance as a proportion of gdp in San Marino?
- Current account balance as a proportion of gdp in San Marino was 22.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in San Marino?
- The highest recorded value was 22.0% in 2023.
- What is the lowest current account balance as a proportion of gdp recorded in San Marino?
- The lowest recorded value was -1.9% in 2018.
- How does San Marino rank for current account balance as a proportion of gdp?
- San Marino ranks 3rd out of 205 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in San Marino?
- Over the last ten years it is up 5,719.9%. The long-run trend across the full record is volatile.
- Where does this San Marino data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under UN SDG Global Database (open, attribution requested).