Inflation, GDP deflator (annual %) in San Marino
San Marino: Inflation, GDP deflator (annual %) was 7.4% in 2023. ◆ Volatile
Inflation, GDP deflator in San Marino, 1998–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in San Marino is 7.4%, measured in 2023. That is the highest value across all 26 years on record.
The figure is up 166.1% on the previous year and up 267.7% over ten years.
Over the whole period, inflation, gdp deflator in San Marino peaked at 7.4% in 2023 and was at its lowest, -2.0%, in 2007.
San Marino ranks 41st of 214 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator (annual %) in San Marino, year by year
| Year | annual % | Change |
|---|---|---|
| 1998 | 1.8% | — |
| 1999 | 1.6% | -14.9% |
| 2000 | 2.6% | +65.2% |
| 2001 | 2.7% | +5.3% |
| 2002 | 2.4% | -11.7% |
| 2003 | 2.5% | +2.7% |
| 2004 | 2.0% | -18.0% |
| 2005 | 1.7% | -17.1% |
| 2006 | 2.0% | +20.6% |
| 2007 | -2.0% | -198.0% |
| 2008 | 2.8% | -243.6% |
| 2009 | 1.0% | -64.7% |
| 2010 | 1.4% | +43.1% |
| 2011 | 0.2% | -89.3% |
| 2012 | 3.1% | +1943.3% |
| 2013 | 2.0% | -35.9% |
| 2014 | 0.4% | -80.6% |
| 2015 | -0.7% | -291.1% |
| 2016 | 1.3% | -277.3% |
| 2017 | 1.7% | +32.4% |
| 2018 | 2.1% | +18.4% |
| 2019 | 0.9% | -55.7% |
| 2020 | 0.3% | -62.3% |
| 2021 | 1.8% | +434.4% |
| 2022 | 2.8% | +50.1% |
| 2023 | 7.4% | +166.1% |
San Marino compared with similar countries
- San Marino's 7.4% is above the median for high income countries, which is 2.6%, 2.8× the median. (82 countries reporting)
- San Marino's 7.4% is above the median for Europe & Central Asia, which is 3.5%, 2.1× the median. (56 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator (annual %) in San Marino changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +1943.3% | 0.2% | 3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 1.6% | 1.8% | 2 |
| 2000s | 1.8% | -2.0% | 2.8% | 10 |
| 2010s | 1.2% | -0.7% | 3.1% | 10 |
| 2020s | 3.1% | 0.3% | 7.4% | 4 |
Countries ranked near San Marino
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 inflation, gdp deflator in San Marino?
- Inflation, gdp deflator in San Marino was 7.4% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in San Marino?
- The highest recorded value was 7.4% in 2023.
- What is the lowest inflation, gdp deflator recorded in San Marino?
- The lowest recorded value was -2.0% in 2007.
- How does San Marino rank for inflation, gdp deflator?
- San Marino ranks 41st out of 214 countries with data for 2023.
- Is inflation, gdp deflator rising or falling in San Marino?
- Over the last ten years it is up 267.7%. The long-run trend across the full record is volatile.
- Where does this San Marino data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.