Exports (% of GDP) — all countries

Exports (% of GDP) — San Marino

Exports (% of GDP) in San Marino in 2023 — 185.99%. Ranked 2 in the world out of 176. Since 2015, the indicator has risen by 11.54 pp.

2023 185.99% −11.42 pp vs 2022
World rank 2of 176
Period maximum 197.41%2022
Period minimum 164%2019

Trend over time

2015–2023 · % of GDP

Exports (% of GDP) — San Marino, 2015–20231601701801902002015201620172018201920202021202220232015: 174.45%2016: 173.07%2017: 168.78%2018: 166.6%2019: 164%2020: 164.48%2021: 184.31%2022: 197.41%2023: 185.99%
Change over the period: +11.54 pp Annual average: 1.44 pp

Comparison, 2023

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

San Marino 185.99%
World 29.07%
Southern Europe computed 38.34%
High-income countries computed 31.3%
Exports (% of GDP) — San Marino, by year San Marino All countries CSV XLSX
Year % Change, pp
2023 185.99 −11.42 pp
2022 197.41 +13.1 pp
2021 184.31 +19.84 pp
2020 164.48 +0.48 pp
2019 164 −2.6 pp
2018 166.6 −2.18 pp
2017 168.78 −4.29 pp
2016 173.07 −1.38 pp
2015 174.45

About the indicator

Exports of goods and services as a percent of GDP — a measure of how far an economy is oriented toward external markets. In small open economies and transit hubs the indicator can exceed 100% of GDP: exports are counted at the full value of the goods while GDP is counted as value added, so re-exports and assembly production inflate the figure.

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