Services, value added (constant 2015 US$) in San Marino
San Marino: Services, value added (constant 2015 US$) was 988.74 million constant 2015 US$ in 2023. ▲ Rising
Services, value added in San Marino, 2015–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2023, services, value added in San Marino stood at 988.74 million constant 2015 US$. That is the highest value across all 9 years on record.
The figure is up 3.7% on the previous year and up 17.5% over ten years.
Over the whole period, services, value added in San Marino peaked at 988.74 million constant 2015 US$ in 2023 and was at its lowest, 815.68 million constant 2015 US$, in 2020.
San Marino ranks 180th of 196 countries on this measure, in the bottom quarter.
Services, value added (constant 2015 US$) in San Marino, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2015 | 841.38 million constant 2015 US$ | — |
| 2016 | 859.30 million constant 2015 US$ | +2.1% |
| 2017 | 872.56 million constant 2015 US$ | +1.5% |
| 2018 | 832.75 million constant 2015 US$ | -4.6% |
| 2019 | 876.40 million constant 2015 US$ | +5.2% |
| 2020 | 815.68 million constant 2015 US$ | -6.9% |
| 2021 | 906.44 million constant 2015 US$ | +11.1% |
| 2022 | 953.39 million constant 2015 US$ | +5.2% |
| 2023 | 988.74 million constant 2015 US$ | +3.7% |
San Marino compared with similar countries
- San Marino's 988.74 million constant 2015 US$ is below the median for high income countries, which is 67.86 billion constant 2015 US$, 1% of the median. (69 countries reporting)
- San Marino's 988.74 million constant 2015 US$ is below the median for Europe & Central Asia, which is 47.31 billion constant 2015 US$, 2% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 856.48 million constant 2015 US$ | 832.75 million constant 2015 US$ | 876.40 million constant 2015 US$ | 5 |
| 2020s | 916.06 million constant 2015 US$ | 815.68 million constant 2015 US$ | 988.74 million constant 2015 US$ | 4 |
Countries ranked near San Marino
- 177 East Timor 1.17 billion constant 2015 US$ compare
- 178 Gambia 1.12 billion constant 2015 US$ compare
- 179 Sint Maarten (Dutch part) 1.09 billion constant 2015 US$ compare
- 181 Guinea-Bissau 830.48 million constant 2015 US$ compare
- 182 Samoa 819.92 million constant 2015 US$ compare
- 183 Grenada 786.91 million constant 2015 US$ 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)
- 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 services, value added in San Marino?
- Services, value added in San Marino was 988.74 million constant 2015 US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in San Marino?
- The highest recorded value was 988.74 million constant 2015 US$ in 2023.
- What is the lowest services, value added recorded in San Marino?
- The lowest recorded value was 815.68 million constant 2015 US$ in 2020.
- How does San Marino rank for services, value added?
- San Marino ranks 180th out of 196 countries with data for 2023.
- Is services, value added rising or falling in San Marino?
- Over the last ten years it is up 17.5%. 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 Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 is 2015. This indicator is expressed in United States dollars.