Industry (including construction), value added in San Marino
San Marino: Industry (including construction), value added was 506.60 million constant LCU in 2023. ▲ Rising
Industry (including construction), value added in San Marino, 2015–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2023, industry (including construction), value added in San Marino stood at 506.60 million constant LCU.
Compared with earlier readings it is down 4.5% on the previous year and up 36.7% over ten years.
Over the whole period, industry (including construction), value added in San Marino peaked at 530.39 million constant LCU in 2022 and was at its lowest, 370.49 million constant LCU, in 2015.
San Marino ranks 183rd of 200 countries on this measure, in the bottom quarter.
Industry (including construction), value added in San Marino, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2015 | 370.49 million constant LCU | — |
| 2016 | 387.21 million constant LCU | +4.5% |
| 2017 | 385.25 million constant LCU | -0.5% |
| 2018 | 436.35 million constant LCU | +13.3% |
| 2019 | 427.68 million constant LCU | -2.0% |
| 2020 | 408.85 million constant LCU | -4.4% |
| 2021 | 479.01 million constant LCU | +17.2% |
| 2022 | 530.39 million constant LCU | +10.7% |
| 2023 | 506.60 million constant LCU | -4.5% |
San Marino compared with similar countries
- San Marino's 506.60 million constant LCU is below the median for high income countries, which is 57.24 billion constant LCU, 1% of the median. (70 countries reporting)
- San Marino's 506.60 million constant LCU is below the median for Europe & Central Asia, which is 99.16 billion constant LCU, 1% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 401.40 million constant LCU | 370.49 million constant LCU | 436.35 million constant LCU | 5 |
| 2020s | 481.21 million constant LCU | 408.85 million constant LCU | 530.39 million constant LCU | 4 |
Countries ranked near San Marino
- 180 Saint Lucia 684.70 million constant LCU compare
- 181 Montenegro 656.44 million constant LCU compare
- 182 Aruba 590.63 million constant LCU compare
- 184 Grenada 466.54 million constant LCU compare
- 185 Saint Kitts and Nevis 415.42 million constant LCU compare
- 186 Saint Vincent and the Grenadines 403.14 million constant 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 industry (including construction), value added in San Marino?
- Industry (including construction), value added in San Marino was 506.60 million constant LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in San Marino?
- The highest recorded value was 530.39 million constant LCU in 2022.
- What is the lowest industry (including construction), value added recorded in San Marino?
- The lowest recorded value was 370.49 million constant LCU in 2015.
- How does San Marino rank for industry (including construction), value added?
- San Marino ranks 183rd out of 200 countries with data for 2023.
- Is industry (including construction), value added rising or falling in San Marino?
- Over the last ten years it is up 36.7%. 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 Offices (NSOs), published as part of Industry (including construction), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.