GDP growth — all countries

GDP growth — San Marino

GDP growth in San Marino in 2023 — 0.4%. Ranked 173 in the world out of 204. Since 1998, the indicator has fallen by 7.06 pp.

2023 0.4% −7.5 pp vs 2022
World rank 173of 204
Period maximum 13.9%2021
Period minimum -10.32%2009

Trend over time

1998–2023 · % per year

GDP growth — San Marino, 1998–2023-20-10010201998200120042007201020132016201920221998: 7.47%1999: 9.05%2000: 2.18%2001: 5.58%2002: 0.31%2003: 3.87%2004: 4.55%2005: 2.43%2006: 3.83%2007: 7.11%2008: -0.5%2009: -10.32%2010: -5.47%2011: -8.31%2012: -7.04%2013: -0.78%2014: -0.7%2015: 2.29%2016: 2.34%2017: 0.26%2018: 1.49%2019: 2.07%2020: -6.65%2021: 13.9%2022: 7.9%2023: 0.4%
Change over the period: −7.06 pp Annual average: -0.28 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: San Marino

San Marino 0.4%
World 2.86%
Southern Europe computed 1.85%
High-income countries computed 1.89%
GDP growth — San Marino, by year San Marino All countries CSV XLSX
Year % Change, pp
2023 0.4 −7.5 pp
2022 7.9 −6 pp
2021 13.9 +20.55 pp
2020 -6.65 −8.71 pp
2019 2.07 +0.57 pp
2018 1.49 +1.24 pp
2017 0.26 −2.09 pp
2016 2.34 +0.05 pp
2015 2.29 +2.99 pp
2014 -0.7 +0.08 pp
2013 -0.78 +6.26 pp
2012 -7.04 +1.27 pp
2011 -8.31 −2.84 pp
2010 -5.47 +4.85 pp
2009 -10.32 −9.82 pp
2008 -0.5 −7.61 pp
2007 7.11 +3.28 pp
2006 3.83 +1.4 pp
2005 2.43 −2.12 pp
2004 4.55 +0.68 pp
2003 3.87 +3.56 pp
2002 0.31 −5.27 pp
2001 5.58 +3.4 pp
2000 2.18 −6.87 pp
1999 9.05 +1.58 pp
1998 7.47

About the indicator

The annual growth rate of gross domestic product in constant local currency prices. Because the calculation runs in constant prices, the indicator is clear of inflation and of exchange rate swings, so it shows the real movement of the economy. Two consecutive quarters of negative values are conventionally called a technical recession, but the data here are annual.

Source: World Development Indicators (World Bank), license CC BY 4.0.