Gross value added at basic prices (GVA) (constant 2015 US$) in San Marino
San Marino: Gross value added at basic prices (GVA) (constant 2015 US$) was 1.61 billion constant 2015 US$ in 2023. ▲ Rising
Gross value added at basic prices (GVA) in San Marino, 2015–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2023, gross value added at basic prices (gva) in San Marino stood at 1.61 billion constant 2015 US$. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 0.4% on the previous year and up 24.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in San Marino peaked at 1.61 billion constant 2015 US$ in 2023 and was at its lowest, 1.30 billion constant 2015 US$, in 2015.
San Marino ranks 179th of 194 countries on this measure, in the bottom quarter.
Gross value added at basic prices (GVA) (constant 2015 US$) in San Marino, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2015 | 1.30 billion constant 2015 US$ | — |
| 2016 | 1.33 billion constant 2015 US$ | +3.0% |
| 2017 | 1.35 billion constant 2015 US$ | +0.8% |
| 2018 | 1.37 billion constant 2015 US$ | +1.7% |
| 2019 | 1.40 billion constant 2015 US$ | +2.4% |
| 2020 | 1.32 billion constant 2015 US$ | -6.0% |
| 2021 | 1.49 billion constant 2015 US$ | +13.4% |
| 2022 | 1.60 billion constant 2015 US$ | +7.4% |
| 2023 | 1.61 billion constant 2015 US$ | +0.4% |
San Marino compared with similar countries
- San Marino's 1.61 billion constant 2015 US$ is below the median for high income countries, which is 96.66 billion constant 2015 US$, 2% of the median. (69 countries reporting)
- San Marino's 1.61 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 71.18 billion constant 2015 US$, 2% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.35 billion constant 2015 US$ | 1.30 billion constant 2015 US$ | 1.40 billion constant 2015 US$ | 5 |
| 2020s | 1.51 billion constant 2015 US$ | 1.32 billion constant 2015 US$ | 1.61 billion constant 2015 US$ | 4 |
Countries ranked near San Marino
- 176 Guinea-Bissau 1.73 billion constant 2015 US$ compare
- 177 Antigua and Barbuda 1.63 billion constant 2015 US$ compare
- 178 East Timor 1.62 billion constant 2015 US$ compare
- 180 Solomon Islands 1.45 billion constant 2015 US$ compare
- 181 Comoros 1.20 billion constant 2015 US$ compare
- 182 Sint Maarten (Dutch part) 1.16 billion constant 2015 US$ 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)
- Gdp worldbank constant usd, per capita 51,324 units per person (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 7.97 % change on previous year (2023)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (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)
- 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.858 (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in San Marino?
- Gross value added at basic prices (gva) in San Marino was 1.61 billion constant 2015 US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in San Marino?
- The highest recorded value was 1.61 billion constant 2015 US$ in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in San Marino?
- The lowest recorded value was 1.30 billion constant 2015 US$ in 2015.
- How does San Marino rank for gross value added at basic prices (gva)?
- San Marino ranks 179th out of 194 countries with data for 2023.
- Is gross value added at basic prices (gva) rising or falling in San Marino?
- Over the last ten years it is up 24.2%. 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 value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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 is 2015. This indicator is expressed in United States dollars.