Services, value added (current US$) in San Marino
San Marino: Services, value added (current US$) was 1.15 billion current US$ in 2023. ▲ Rising
Services, value added in San Marino, 2015–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2023, services, value added in San Marino stood at 1.15 billion current US$. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 14.3% on the previous year and up 37.1% over ten years.
Over the whole period, services, value added in San Marino peaked at 1.15 billion current US$ in 2023 and was at its lowest, 841.38 million current US$, in 2015.
That places San Marino 190th out of 206 countries with data for 2023, putting it in the bottom quarter.
Services, value added (current US$) in San Marino, year by year
| Year | current US$ | Change |
|---|---|---|
| 2015 | 841.38 million current US$ | — |
| 2016 | 872.91 million current US$ | +3.7% |
| 2017 | 915.81 million current US$ | +4.9% |
| 2018 | 932.56 million current US$ | +1.8% |
| 2019 | 938.86 million current US$ | +0.7% |
| 2020 | 894.61 million current US$ | -4.7% |
| 2021 | 1.05 billion current US$ | +17.2% |
| 2022 | 1.01 billion current US$ | -3.8% |
| 2023 | 1.15 billion current US$ | +14.3% |
San Marino compared with similar countries
- San Marino's 1.15 billion current US$ is below the median for high income countries, which is 71.23 billion current US$, 2% of the median. (77 countries reporting)
- San Marino's 1.15 billion current US$ is below the median for Europe & Central Asia, which is 66.18 billion current US$, 2% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 900.30 million current US$ | 841.38 million current US$ | 938.86 million current US$ | 5 |
| 2020s | 1.03 billion current US$ | 894.61 million current US$ | 1.15 billion current US$ | 4 |
Countries ranked near San Marino
- 187 Central African Republic 1.27 billion current US$ compare
- 188 Turks and Caicos Islands 1.27 billion current US$ compare
- 189 Sint Maarten (Dutch part) 1.21 billion current US$ compare
- 191 Guinea-Bissau 987.68 million current US$ compare
- 192 Samoa 928.49 million current US$ compare
- 193 Grenada 922.30 million current 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 1.15 billion current 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 1.15 billion current US$ in 2023.
- What is the lowest services, value added recorded in San Marino?
- The lowest recorded value was 841.38 million current US$ in 2015.
- How does San Marino rank for services, value added?
- San Marino ranks 190th out of 206 countries with data for 2023.
- Is services, value added rising or falling in San Marino?
- Over the last ten years it is up 37.1%. 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 (current 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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.