Trade openness in San Marino in 2023 — 340.98%. Ranked 3 in the world out of 176. Since 2015, the indicator has risen by 19.62 pp.
2015–2023 · % of GDP
How the value compares with the world and the groups this territory belongs to: San Marino
| Year | % | Change, pp |
|---|---|---|
| 2023 | 340.98 | −29.45 pp |
| 2022 | 370.44 | +27.97 pp |
| 2021 | 342.47 | +37.57 pp |
| 2020 | 304.9 | −2.36 pp |
| 2019 | 307.26 | −2.22 pp |
| 2018 | 309.49 | −4.36 pp |
| 2017 | 313.85 | −6.3 pp |
| 2016 | 320.15 | −1.22 pp |
| 2015 | 321.36 | — |
The same indicator for neighboring countries — with links to their pages
The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.
Source: World Development Indicators (World Bank), license CC BY 4.0.
