Service imports — all countries

Service imports — San Marino

Service imports in San Marino in 2023 — 894,030,321 US$. Ranked 147 in the world out of 179. Since 2017, the indicator has risen by 34.2%.

2023 894M US$ +5.35% vs 2022
World rank 147of 179
Period maximum 894M US$2023
Period minimum 631M US$2020

Trend over time

2017–2023 · US$

Service imports — San Marino, 2017–2023600M700M800M900M20172018201920202021202220232017: 666,251,903 US$2018: 771,146,652 US$2019: 692,310,473 US$2020: 631,457,942 US$2021: 806,687,299 US$2022: 848,609,085 US$2023: 894,030,321 US$
Change over the period: +228M (+34.19%) Average annual rate: 5.02 %

Comparison, 2023

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

San Marino 894M US$
World 7.45T US$
Southern Europe computed 355B US$
High-income countries computed 5.69T US$
Service imports — San Marino, by year San Marino All countries CSV XLSX
Year US$ Change Change, %
2023 894M +45.42M +5.35%
2022 849M +41.92M +5.2%
2021 807M +175M +27.75%
2020 631M −60.85M −8.79%
2019 692M −78.84M −10.22%
2018 771M +105M +15.74%
2017 666M

About the indicator

Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.

Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.

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