Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — San Marino

Household consumption (% of GDP) in San Marino in 2023 — 38.3%. Ranked 163 in the world out of 172. Since 2015, the indicator has fallen by 2.1 pp.

2023 38.3% +2.8 pp vs 2022
World rank 163of 172
Period maximum 40.4%2015
Period minimum 33.1%2021

Trend over time

2015–2023 · % of GDP

Household consumption (% of GDP) — San Marino, 2015–20233234363840422015201620172018201920202021202220232015: 40.4%2016: 38.5%2017: 37.3%2018: 36.3%2019: 35.7%2020: 36.3%2021: 33.1%2022: 35.5%2023: 38.3%
Change over the period: −2.1 pp Annual average: -0.26 pp

Comparison, 2023

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

San Marino 38.3%
World 56.2%
Southern Europe computed 57.8%
High-income countries computed 58.8%
Household consumption (% of GDP) — San Marino, by year San Marino All countries CSV XLSX
Year % Change, pp
2023 38.3 +2.8 pp
2022 35.5 +2.4 pp
2021 33.1 −3.1 pp
2020 36.3 +0.5 pp
2019 35.7 −0.5 pp
2018 36.3 −1 pp
2017 37.3 −1.2 pp
2016 38.5 −1.8 pp
2015 40.4

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

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