Gross capital formation in San Marino

San Marino: Gross capital formation was -27.7% in 2023. ◆ Volatile

Latest (2023)
-27.7%
Change on year
down 335.9%
World rank
165th
of 168 countries
All-time high
35.7%
in 2021
All-time low
-28.3%
in 2020
Years of data
8
2016–2023

Gross capital formation in San Marino, 2016–2023

-20020402016201920232016: 25.8 annual % growth2017: 16.4 annual % growth2018: 7.1 annual % growth2019: 18.5 annual % growth2020: -28.3 annual % growth2021: 35.7 annual % growth2022: 11.7 annual % growth2023: -27.7 annual % growth

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.

Analysis

The most recent figure for gross capital formation in San Marino is -27.7%, measured in 2023.

Compared with earlier readings it is down 335.9% on the previous year and down 207.2% over ten years.

San Marino ranks 165th of 168 countries on this measure, in the bottom quarter.

Gross capital formation in San Marino, year by year

Annual values for Gross capital formation (annual % growth) in San Marino, 2016 to 2023.
Year annual % growth Change
2016 25.8%
2017 16.4% -36.6%
2018 7.1% -56.9%
2019 18.5% +161.3%
2020 -28.3% -253.0%
2021 35.7% -226.2%
2022 11.7% -67.1%
2023 -27.7% -335.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 16.9% 7.1% 25.8% 4
2020s -2.1% -28.3% 35.7% 4

Countries ranked near San Marino

  1. 162 Kuwait -18.3% compare
  2. 163 Eswatini -22.4% compare
  3. 164 Namibia -25.6% compare
  4. 166 Lebanon -31.6% compare
  5. 167 Iraq -40.5% compare
  6. 168 Djibouti -41.2% compare

See the full ranking of 208 places →

More economy & growth data for San Marino

All data for San Marino →

Frequently asked questions

What is gross capital formation in San Marino?
Gross capital formation in San Marino was -27.7% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in San Marino?
The highest recorded value was 35.7% in 2021.
What is the lowest gross capital formation recorded in San Marino?
The lowest recorded value was -28.3% in 2020.
How does San Marino rank for gross capital formation?
San Marino ranks 165th out of 168 countries with data for 2023.
Is gross capital formation rising or falling in San Marino?
Over the last ten years it is down 207.2%. 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 Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.

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Gross capital formation in San Marino. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-annual-percent-growth/san-marino/

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About this data

Indicator
Gross capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
208 places, 8,398 data points, 1961–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.