Trade as a share of GDP in San Marino

San Marino: Trade as a share of GDP was 341.0% in 2023. ▲ Rising

Latest (2023)
341.0%
Change on year
down 8.0%
World rank
3rd
of 191 countries
All-time high
370.4%
in 2022
All-time low
304.9%
in 2020
Years of data
9
2015–2023

Trade as a share of GDP in San Marino, 2015–2023

01002003004002015201920232015: 321.4 % of GDP2016: 320.1 % of GDP2017: 313.9 % of GDP2018: 309.5 % of GDP2019: 307.3 % of GDP2020: 304.9 % of GDP2021: 342.5 % of GDP2022: 370.4 % of GDP2023: 341 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

San Marino recorded 341.0% for trade as a share of gdp in 2023.

That represents a change of down 8.0% on the previous year and up 6.1% over ten years.

Over the whole period, trade as a share of gdp in San Marino peaked at 370.4% in 2022 and was at its lowest, 304.9%, in 2020.

That places San Marino 3rd out of 191 countries with data for 2023, putting it in the top 10%.

Trade as a share of GDP in San Marino, year by year

Annual values for Trade as a share of GDP in San Marino, 2015 to 2023.
Year % of GDP Change
2015 321.4%
2016 320.1% -0.4%
2017 313.9% -2.0%
2018 309.5% -1.4%
2019 307.3% -0.7%
2020 304.9% -0.8%
2021 342.5% +12.3%
2022 370.4% +8.2%
2023 341.0% -8.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 314.4% 307.3% 321.4% 5
2020s 339.7% 304.9% 370.4% 4

Countries ranked near San Marino

  1. 1 Hong Kong 396.6% compare
  2. 2 Luxembourg 349.9% compare
  3. 4 Singapore 320.3% compare
  4. 5 Ireland 240.0% compare
  5. 6 Malta 219.0% compare

See the full ranking of 191 places →

More economy & growth data for San Marino

All data for San Marino →

Frequently asked questions

What is trade as a share of gdp in San Marino?
Trade as a share of gdp in San Marino was 341.0% in 2023, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest trade as a share of gdp recorded in San Marino?
The highest recorded value was 370.4% in 2022.
What is the lowest trade as a share of gdp recorded in San Marino?
The lowest recorded value was 304.9% in 2020.
How does San Marino rank for trade as a share of gdp?
San Marino ranks 3rd out of 191 countries with data for 2023.
Is trade as a share of gdp rising or falling in San Marino?
Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
Where does this San Marino data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.

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Trade as a share of GDP in San Marino. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 01 September 2026, from https://economy.statizoid.com/stat/trade-as-share-of-gdp/san-marino/

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About this data

Indicator
Trade as a share of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Trade in goods and services as a share of GDP, shown as a percentage.