Gross capital formation in San Marino
San Marino: Gross capital formation was 16.6% in 2023. ▲ Rising
Gross capital formation in San Marino, 2015–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
San Marino recorded 16.6% for gross capital formation in 2023.
Compared with earlier readings it is down 28.0% on the previous year and up 37.2% over ten years.
Over the whole period, gross capital formation in San Marino peaked at 24.0% in 2019 and was at its lowest, 12.1%, in 2015.
That places San Marino 156th out of 187 countries with data for 2023, putting it in the bottom quarter.
Gross capital formation in San Marino, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2015 | 12.1% | — |
| 2016 | 15.8% | +30.5% |
| 2017 | 19.1% | +21.2% |
| 2018 | 20.6% | +7.8% |
| 2019 | 24.0% | +16.6% |
| 2020 | 18.1% | -24.9% |
| 2021 | 22.2% | +23.2% |
| 2022 | 23.0% | +3.6% |
| 2023 | 16.6% | -28.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.3% | 12.1% | 24.0% | 5 |
| 2020s | 20.0% | 16.6% | 23.0% | 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)
- 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 gross capital formation in San Marino?
- Gross capital formation in San Marino was 16.6% 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 24.0% in 2019.
- What is the lowest gross capital formation recorded in San Marino?
- The lowest recorded value was 12.1% in 2015.
- How does San Marino rank for gross capital formation?
- San Marino ranks 156th out of 187 countries with data for 2023.
- Is gross capital formation rising or falling in San Marino?
- Over the last ten years it is up 37.2%. 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 Gross capital formation (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.