Gross fixed capital formation in San Marino
San Marino: Gross fixed capital formation was 16.9% in 2023. ▼ Falling
Gross fixed capital formation in San Marino, 2015–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation in San Marino is 16.9%, measured in 2023. That is the lowest value across all 9 years on record.
That represents a change of down 5.1% on the previous year and down 2.4% over ten years.
Over the whole period, gross fixed capital formation in San Marino peaked at 23.5% in 2019 and was at its lowest, 16.9%, in 2023.
San Marino ranks 141st of 181 countries on this measure, in the bottom quarter.
Gross fixed capital formation in San Marino, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2015 | 17.3% | — |
| 2016 | 19.0% | +10.0% |
| 2017 | 20.4% | +7.0% |
| 2018 | 20.3% | -0.1% |
| 2019 | 23.5% | +15.4% |
| 2020 | 19.0% | -19.2% |
| 2021 | 17.5% | -7.6% |
| 2022 | 17.8% | +1.6% |
| 2023 | 16.9% | -5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 20.1% | 17.3% | 23.5% | 5 |
| 2020s | 17.8% | 16.9% | 19.0% | 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 fixed capital formation in San Marino?
- Gross fixed capital formation in San Marino was 16.9% 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 23.5% in 2019.
- What is the lowest gross fixed capital formation recorded in San Marino?
- The lowest recorded value was 16.9% in 2023.
- How does San Marino rank for gross fixed capital formation?
- San Marino ranks 141st out of 181 countries with data for 2023.
- Is gross fixed capital formation rising or falling in San Marino?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 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.