Industry (including construction), value added (current LCU) in San Marino
San Marino: Industry (including construction), value added (current LCU) was 670.56 million current LCU in 2023. ▲ Rising
Industry (including construction), value added in San Marino, 2015–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2023, industry (including construction), value added in San Marino stood at 670.56 million current LCU. That is the highest value across all 9 years on record.
That represents a change of up 2.5% on the previous year and up 63.7% over ten years.
Over the whole period, industry (including construction), value added in San Marino peaked at 670.56 million current LCU in 2023 and was at its lowest, 409.69 million current LCU, in 2015.
That places San Marino 189th out of 209 countries with data for 2023, putting it in the bottom quarter.
Industry (including construction), value added (current LCU) in San Marino, year by year
| Year | current LCU | Change |
|---|---|---|
| 2015 | 409.69 million current LCU | — |
| 2016 | 429.89 million current LCU | +4.9% |
| 2017 | 439.14 million current LCU | +2.2% |
| 2018 | 507.66 million current LCU | +15.6% |
| 2019 | 502.11 million current LCU | -1.1% |
| 2020 | 481.66 million current LCU | -4.1% |
| 2021 | 574.71 million current LCU | +19.3% |
| 2022 | 653.94 million current LCU | +13.8% |
| 2023 | 670.56 million current LCU | +2.5% |
San Marino compared with similar countries
- San Marino's 670.56 million current LCU is below the median for high income countries, which is 60.84 billion current LCU, 1% of the median. (77 countries reporting)
- San Marino's 670.56 million current LCU is below the median for Europe & Central Asia, which is 108.46 billion current LCU, 1% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 457.70 million current LCU | 409.69 million current LCU | 507.66 million current LCU | 5 |
| 2020s | 595.22 million current LCU | 481.66 million current LCU | 670.56 million current LCU | 4 |
Countries ranked near San Marino
- 186 Curacao 776.82 million current LCU compare
- 187 Saint Lucia 766.60 million current LCU compare
- 188 Aruba 726.83 million current LCU compare
- 190 Saint Kitts and Nevis 666.18 million current LCU compare
- 191 Grenada 593.80 million current LCU compare
- 192 Saint Vincent and the Grenadines 511.93 million current LCU compare
More economy & growth data for San Marino
- Real gdp growth, annual growth rate -94.84 % change on previous year (2023)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.3 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.38 Percent per annum (2029)
- GNI (current US$), per unit of GDP 0.9125 current US$ per US$ of GDP (2023)
- Net primary income (Net income from abroad) (current LCU), annual -9.12 % change on previous year (2023)
- GNI (current US$), per capita 54,634 current US$ per person (2023)
- GNI (current LCU), annual growth rate 7.66 % change on previous year (2023)
- Net primary income (Net income from abroad) (current US$), annual -12.04 % change on previous year (2023)
- Gross domestic savings (current US$), per unit of GDP 0.4759 current US$ per US$ of GDP (2023)
- GNI (current LCU), per unit of GDP 0.8439 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is industry (including construction), value added in San Marino?
- Industry (including construction), value added in San Marino was 670.56 million current 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 670.56 million current LCU in 2023.
- What is the lowest industry (including construction), value added recorded in San Marino?
- The lowest recorded value was 409.69 million current LCU in 2015.
- How does San Marino rank for industry (including construction), value added?
- San Marino ranks 189th out of 209 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 63.7%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.