GDP in San Marino
San Marino: GDP was 1.87 billion current LCU in 2023. ▲ Rising
GDP in San Marino, 1997–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2023, gdp in San Marino stood at 1.87 billion current LCU. That is the highest value across all 27 years on record.
That represents a change of up 7.8% on the previous year and up 48.3% over ten years.
Over the whole period, gdp in San Marino peaked at 1.87 billion current LCU in 2023 and was at its lowest, 859.00 million current LCU, in 1997.
That places San Marino 204th out of 214 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
GDP in San Marino, year by year
| Year | current LCU | Change |
|---|---|---|
| 1997 | 859.00 million current LCU | — |
| 1998 | 940.00 million current LCU | +9.4% |
| 1999 | 1.04 billion current LCU | +10.7% |
| 2000 | 1.09 billion current LCU | +4.8% |
| 2001 | 1.18 billion current LCU | +8.4% |
| 2002 | 1.22 billion current LCU | +2.7% |
| 2003 | 1.29 billion current LCU | +6.4% |
| 2004 | 1.38 billion current LCU | +6.7% |
| 2005 | 1.44 billion current LCU | +4.1% |
| 2006 | 1.52 billion current LCU | +5.9% |
| 2007 | 1.60 billion current LCU | +5.0% |
| 2008 | 1.63 billion current LCU | +2.3% |
| 2009 | 1.48 billion current LCU | -9.4% |
| 2010 | 1.42 billion current LCU | -4.1% |
| 2011 | 1.30 billion current LCU | -8.2% |
| 2012 | 1.25 billion current LCU | -4.1% |
| 2013 | 1.26 billion current LCU | +1.2% |
| 2014 | 1.26 billion current LCU | -0.3% |
| 2015 | 1.28 billion current LCU | +1.5% |
| 2016 | 1.33 billion current LCU | +3.7% |
| 2017 | 1.35 billion current LCU | +2.0% |
| 2018 | 1.40 billion current LCU | +3.6% |
| 2019 | 1.44 billion current LCU | +3.0% |
| 2020 | 1.35 billion current LCU | -6.3% |
| 2021 | 1.57 billion current LCU | +16.0% |
| 2022 | 1.74 billion current LCU | +10.9% |
| 2023 | 1.87 billion current LCU | +7.8% |
San Marino compared with similar countries
- San Marino's 1.87 billion current LCU is below the median for high income countries, which is 211.72 billion current LCU, 1% of the median. (82 countries reporting)
- San Marino's 1.87 billion current LCU is below the median for Europe & Central Asia, which is 433.17 billion current LCU, 0% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 946.67 million current LCU | 859.00 million current LCU | 1.04 billion current LCU | 3 |
| 2000s | 1.38 billion current LCU | 1.09 billion current LCU | 1.63 billion current LCU | 10 |
| 2010s | 1.33 billion current LCU | 1.25 billion current LCU | 1.44 billion current LCU | 10 |
| 2020s | 1.63 billion current LCU | 1.35 billion current LCU | 1.87 billion current LCU | 4 |
Countries ranked near San Marino
- 201 Saint Kitts and Nevis 3.20 billion current LCU compare
- 202 Dominica 1.95 billion current LCU compare
- 203 East Timor 1.90 billion current LCU compare
- 205 Turks and Caicos Islands 1.75 billion current LCU compare
- 206 Tonga 1.63 billion current LCU compare
- 207 Northern Mariana Islands 1.10 billion current LCU compare
More economy & growth data for San Marino
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.38 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.3 Percent per annum (2029)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0677 current LCU per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 7.97 % change on previous year (2023)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.17 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.858 (2025)
- Taxes less subsidies on products (current LCU), per capita 4,055 current LCU per person (2023)
- Gdp worldbank constant usd, per unit of GDP 0.8572 units per US$ of GDP (2023)
- Gdp worldbank constant usd, annual growth rate 0.4015 % change on previous year (2023)
- Gdp worldbank constant usd, per capita 51,324 units per person (2023)
Frequently asked questions
- What is gdp in San Marino?
- Gdp in San Marino was 1.87 billion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in San Marino?
- The highest recorded value was 1.87 billion current LCU in 2023.
- What is the lowest gdp recorded in San Marino?
- The lowest recorded value was 859.00 million current LCU in 1997.
- How does San Marino rank for gdp?
- San Marino ranks 204th out of 214 countries with data for 2023.
- Is gdp rising or falling in San Marino?
- Over the last ten years it is up 48.3%. The long-run trend across the full record is rising.
- Where does this San Marino data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.