Gross fixed capital formation in San Marino
San Marino: Gross fixed capital formation was 239.14 million constant LCU in 2023. ▲ Rising
Gross fixed capital formation in San Marino, 2015–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2023, gross fixed capital formation in San Marino stood at 239.14 million constant LCU.
Compared with earlier readings it is down 4.7% on the previous year and up 19.8% over ten years.
Over the whole period, gross fixed capital formation in San Marino peaked at 294.75 million constant LCU in 2019 and was at its lowest, 199.65 million constant LCU, in 2015.
That places San Marino 163rd out of 167 countries with data for 2023, putting it in the bottom quarter.
Gross fixed capital formation in San Marino, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2015 | 199.65 million constant LCU | — |
| 2016 | 226.92 million constant LCU | +13.7% |
| 2017 | 244.63 million constant LCU | +7.8% |
| 2018 | 250.16 million constant LCU | +2.3% |
| 2019 | 294.75 million constant LCU | +17.8% |
| 2020 | 220.57 million constant LCU | -25.2% |
| 2021 | 229.04 million constant LCU | +3.8% |
| 2022 | 251.03 million constant LCU | +9.6% |
| 2023 | 239.14 million constant LCU | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 243.22 million constant LCU | 199.65 million constant LCU | 294.75 million constant LCU | 5 |
| 2020s | 234.94 million constant LCU | 220.57 million constant LCU | 251.03 million constant LCU | 4 |
Countries ranked near San Marino
More economy & growth data for San Marino
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.3 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.38 Percent per annum (2029)
- Gdp worldbank constant usd, per capita 51,324 units per person (2023)
- GNI (current LCU), annual growth rate 7.66 % change on previous year (2023)
- 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), per capita 4,055 current LCU per person (2023)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.858 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1.18 (2025)
- Gdp worldbank constant usd, annual growth rate 0.4015 % change on previous year (2023)
- Gdp worldbank constant usd, per unit of GDP 0.8572 units per US$ of GDP (2023)
Frequently asked questions
- What is gross fixed capital formation in San Marino?
- Gross fixed capital formation in San Marino was 239.14 million constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in San Marino?
- The highest recorded value was 294.75 million constant LCU in 2019.
- What is the lowest gross fixed capital formation recorded in San Marino?
- The lowest recorded value was 199.65 million constant LCU in 2015.
- How does San Marino rank for gross fixed capital formation?
- San Marino ranks 163rd out of 167 countries with data for 2023.
- Is gross fixed capital formation rising or falling in San Marino?
- Over the last ten years it is up 19.8%. 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 fixed capital formation (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.