Gross value added at basic prices (GVA) in San Marino
San Marino: Gross value added at basic prices (GVA) was 1.31 billion constant LCU in 2023. ▲ Rising
Gross value added at basic prices (GVA) in San Marino, 2015–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2023, gross value added at basic prices (gva) in San Marino stood at 1.31 billion constant LCU. That is the highest value across all 9 years on record.
The figure 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 1.31 billion constant LCU in 2023 and was at its lowest, 1.06 billion constant LCU, in 2015.
That places San Marino 192nd out of 197 countries with data for 2023, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.10 billion constant LCU | 1.06 billion constant LCU | 1.14 billion constant LCU | 5 |
| 2020s | 1.23 billion constant LCU | 1.07 billion constant LCU | 1.31 billion constant LCU | 4 |
Countries ranked near San Marino
- 189 East Timor 1.62 billion constant LCU compare
- 190 Dominica 1.50 billion constant LCU compare
- 191 Turks and Caicos Islands 1.39 billion constant LCU compare
- 193 Tonga 902.26 million constant LCU compare
- 194 Kiribati 378.20 million constant LCU compare
- 195 Micronesia (country) 239.36 million constant LCU compare
More economy & growth data for San Marino
- External balance on goods and services as a percent of GDP 31.0% (2023)
- Inflation of consumer prices 2.3% (2025)
- GDP per capita 51,324 constant 2015 US$ (2023)
- Share of manufacturing in gross domestic product (GDP) 31.8% (2023)
- Gross domestic product (GDP) 1.74 billion constant 2015 US$ (2023)
- GDP per capita in international and market dollars 51,324 constant 2015 US$ (2023)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.90 million current LCU (2023)
- Net secondary income (Net current transfers from abroad) -5.29 million current US$ (2023)
- Taxes less subsidies on products 137.32 million current LCU (2023)
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 1.31 billion constant LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in San Marino?
- The highest recorded value was 1.31 billion constant LCU in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in San Marino?
- The lowest recorded value was 1.06 billion constant LCU in 2015.
- How does San Marino rank for gross value added at basic prices (gva)?
- San Marino ranks 192nd out of 197 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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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 varies by country. This series is expressed in local currency units.