Gross value added at basic prices (GVA) in San Marino
San Marino: Gross value added at basic prices (GVA) was 1.74 billion current LCU 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 current LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in San Marino is 1.74 billion current LCU, measured in 2023. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 7.8% on the previous year and up 48.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in San Marino peaked at 1.74 billion current LCU in 2023 and was at its lowest, 1.17 billion current LCU, in 2015.
San Marino ranks 198th of 207 countries on this measure, in the bottom quarter.
Gross value added at basic prices (GVA) in San Marino, year by year
| Year | current LCU | Change |
|---|---|---|
| 2015 | 1.17 billion current LCU | — |
| 2016 | 1.22 billion current LCU | +4.3% |
| 2017 | 1.25 billion current LCU | +2.6% |
| 2018 | 1.30 billion current LCU | +3.8% |
| 2019 | 1.34 billion current LCU | +3.3% |
| 2020 | 1.27 billion current LCU | -5.7% |
| 2021 | 1.46 billion current LCU | +15.5% |
| 2022 | 1.61 billion current LCU | +10.3% |
| 2023 | 1.74 billion current LCU | +7.8% |
San Marino compared with similar countries
- San Marino's 1.74 billion current LCU is below the median for high income countries, which is 266.17 billion current LCU, 1% of the median. (77 countries reporting)
- San Marino's 1.74 billion current LCU is below the median for Europe & Central Asia, which is 380.52 billion current LCU, 0% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.26 billion current LCU | 1.17 billion current LCU | 1.34 billion current LCU | 5 |
| 2020s | 1.52 billion current LCU | 1.27 billion current LCU | 1.74 billion current LCU | 4 |
Countries ranked near San Marino
- 195 Saint Kitts and Nevis 2.79 billion current LCU compare
- 196 Sint Maarten (Dutch part) 2.27 billion current LCU compare
- 197 East Timor 1.93 billion current LCU compare
- 199 Dominica 1.63 billion current LCU compare
- 200 Turks and Caicos Islands 1.44 billion current LCU compare
- 201 Tonga 1.32 billion current LCU 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)
- 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 value added at basic prices (gva) in San Marino?
- Gross value added at basic prices (gva) in San Marino was 1.74 billion current LCU 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 1.74 billion current LCU in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in San Marino?
- The lowest recorded value was 1.17 billion current LCU in 2015.
- How does San Marino rank for gross value added at basic prices (gva)?
- San Marino ranks 198th out of 207 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 48.7%. 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) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.