Household consumption — all countries

Household consumption — San Marino

Household consumption in San Marino in 2023 — 775,740,066 US$. Ranked 166 in the world out of 171. Since 2015, the indicator has risen by 35.3%.

2023 776M US$ +19.34% vs 2022
World rank 166of 171
Period maximum 776M US$2023
Period minimum 560M US$2020

Trend over time

2015–2023 · US$

Household consumption — San Marino, 2015–2023500M600M700M800M2015201620172018201920202021202220232015: 573,181,016 US$2016: 565,956,794 US$2017: 570,275,033 US$2018: 600,438,370 US$2019: 577,407,376 US$2020: 560,346,448 US$2021: 614,772,801 US$2022: 650,013,648 US$2023: 775,740,066 US$
Change over the period: +203M (+35.34%) Average annual rate: 3.86 %

Comparison, 2023

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

San Marino 776M US$
World 60.36T US$
Southern Europe computed 2.78T US$
High-income countries computed 39.88T US$
Household consumption — San Marino, by year San Marino All countries CSV XLSX
Year US$ Change Change, %
2023 776M +126M +19.34%
2022 650M +35.24M +5.73%
2021 615M +54.43M +9.71%
2020 560M −17.06M −2.95%
2019 577M −23.03M −3.84%
2018 600M +30.16M +5.29%
2017 570M +4.32M +0.76%
2016 566M −7.22M −1.26%
2015 573M

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

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