Services value added — all countries

Services value added — San Marino

Services value added in San Marino in 2023 — 1,153,411,195 US$. Ranked 178 in the world out of 195. Since 2015, the indicator has risen by 37.1%.

2023 1.15B US$ +14.32% vs 2022
World rank 178of 195
Period maximum 1.15B US$2023
Period minimum 841M US$2015

Trend over time

2015–2023 · US$

Services value added — San Marino, 2015–2023800M900M1B1.1B1.2B2015201620172018201920202021202220232015: 841,376,910 US$2016: 872,907,337 US$2017: 915,807,677 US$2018: 932,557,380 US$2019: 938,854,910 US$2020: 894,608,084 US$2021: 1,048,398,989 US$2022: 1,008,937,168 US$2023: 1,153,411,195 US$
Change over the period: +312M (+37.09%) Average annual rate: 4.02 %

Comparison, 2023

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

San Marino 1.15B US$
World 67.67T US$
Southern Europe computed 3.18T US$
High-income countries computed 24.91T US$
Services value added — San Marino, by year San Marino All countries CSV XLSX
Year US$ Change Change, %
2023 1.15B +144M +14.32%
2022 1.01B −39.46M −3.76%
2021 1.05B +154M +17.19%
2020 895M −44.25M −4.71%
2019 939M +6.3M +0.68%
2018 933M +16.75M +1.83%
2017 916M +42.9M +4.91%
2016 873M +31.53M +3.75%
2015 841M

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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