Gross fixed capital formation in San Marino
San Marino: Gross fixed capital formation was -4.7% in 2023. ◆ Volatile
Gross fixed capital formation in San Marino, 2016–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2023, gross fixed capital formation in San Marino stood at -4.7%.
Compared with earlier readings it is down 149.3% on the previous year and down 134.7% over ten years.
San Marino ranks 151st of 166 countries on this measure, in the bottom quarter.
Gross fixed capital formation in San Marino, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2016 | 13.7% | — |
| 2017 | 7.8% | -42.9% |
| 2018 | 2.3% | -71.1% |
| 2019 | 17.8% | +689.3% |
| 2020 | -25.2% | -241.2% |
| 2021 | 3.8% | -115.3% |
| 2022 | 9.6% | +150.2% |
| 2023 | -4.7% | -149.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.4% | 2.3% | 17.8% | 4 |
| 2020s | -4.1% | -25.2% | 9.6% | 4 |
Countries ranked near San Marino
- 148 Niger -3.7% compare
- 149 Greenland -3.8% compare
- 150 Nepal -4.1% compare
- 152 New Zealand -4.9% compare
- 153 Venezuela, Bolivarian Republic of -5.1% compare
- 154 Brunei Darussalam -6.0% 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)
- 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 gross fixed capital formation in San Marino?
- Gross fixed capital formation in San Marino was -4.7% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in San Marino?
- The highest recorded value was 17.8% in 2019.
- What is the lowest gross fixed capital formation recorded in San Marino?
- The lowest recorded value was -25.2% in 2020.
- How does San Marino rank for gross fixed capital formation?
- San Marino ranks 151st out of 166 countries with data for 2023.
- Is gross fixed capital formation rising or falling in San Marino?
- Over the last ten years it is down 134.7%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.