GDP growth in San Marino
San Marino: GDP growth was 0.4% in 2023. ◆ Volatile
GDP growth in San Marino, 1998–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
San Marino recorded 0.4% for gdp growth in 2023.
The figure is down 94.9% on the previous year and up 151.3% over ten years.
Over the whole period, gdp growth in San Marino peaked at 13.9% in 2021 and was at its lowest, -10.3%, in 2009.
That places San Marino 191st out of 213 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in San Marino, year by year
| Year | annual % | Change |
|---|---|---|
| 1998 | 7.5% | — |
| 1999 | 9.0% | +21.2% |
| 2000 | 2.2% | -75.9% |
| 2001 | 5.6% | +156.0% |
| 2002 | 0.3% | -94.4% |
| 2003 | 3.9% | +1146.1% |
| 2004 | 4.5% | +17.5% |
| 2005 | 2.4% | -46.7% |
| 2006 | 3.8% | +57.9% |
| 2007 | 7.1% | +85.6% |
| 2008 | -0.5% | -107.0% |
| 2009 | -10.3% | +1960.3% |
| 2010 | -5.5% | -47.0% |
| 2011 | -8.3% | +51.9% |
| 2012 | -7.0% | -15.3% |
| 2013 | -0.8% | -88.9% |
| 2014 | -0.7% | -10.4% |
| 2015 | 2.3% | -426.3% |
| 2016 | 2.3% | +2.3% |
| 2017 | 0.3% | -89.0% |
| 2018 | 1.5% | +478.4% |
| 2019 | 2.1% | +38.3% |
| 2020 | -6.6% | -421.8% |
| 2021 | 13.9% | -309.1% |
| 2022 | 7.9% | -43.2% |
| 2023 | 0.4% | -94.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.3% | 7.5% | 9.0% | 2 |
| 2000s | 1.9% | -10.3% | 7.1% | 10 |
| 2010s | -1.4% | -8.3% | 2.3% | 10 |
| 2020s | 3.9% | -6.6% | 13.9% | 4 |
Countries ranked near San Marino
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)
- US dollar per domestic currency (End-of-period (EoP)) 1.18 (2025)
- Gdp worldbank constant usd, per unit of GDP 0.8572 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 unit of GDP 0 units per US$ of GDP (2023)
- Manufacturing value added to gdp, per capita 0.0009 units per person (2023)
- Gdp worldbank constant usd, per capita 51,324 units per person (2023)
Frequently asked questions
- What is gdp growth in San Marino?
- Gdp growth in San Marino was 0.4% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in San Marino?
- The highest recorded value was 13.9% in 2021.
- What is the lowest gdp growth recorded in San Marino?
- The lowest recorded value was -10.3% in 2009.
- How does San Marino rank for gdp growth?
- San Marino ranks 191st out of 213 countries with data for 2023.
- Is gdp growth rising or falling in San Marino?
- Over the last ten years it is up 151.3%. The long-run trend across the full record is volatile.
- 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 growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.