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San Marino — GDP growth
GDP Growth (Annual %) for San Marino, 1998–2023.
Latest value · 2023
0.40%
GDP Growth (Annual %) · annual % · -94.6% since 1998
GDP growth for San Marino was 0.40% in 2023, according to the latest World Bank data. The series covers 26 years, from 1998 to 2023. The highest recorded value was 13.90% in 2021. The lowest was -10.32% in 2009 (about -25.7× the latest value). Across that span the compound annual growth rate works out to -11.03% per year.
San Marino ranks 191 of 212 economies on this measure (1 = highest), putting it in the top 90%. The median for Europe & Central Asia is 2.03%, so San Marino sits below it. It peaked in 2021 and has fallen 97% since. Over the last decade (2013–2023) the figure moved up 151%.
Key figures
Latest (2023)
0.40%
First (1998)
7.47%
Change
-94.6%
Highest
13.90%
in 2021
Lowest
-10.32%
in 2009
Average
1.43%
Annual growth (CAGR)
-11.03%
Years of data
26
Recent years
| Year | annual % |
|---|---|
| 2023 | 0.4% |
| 2022 | 7.9% |
| 2021 | 13.9% |
| 2020 | -6.65% |
| 2019 | 2.07% |
| 2018 | 1.49% |
| 2017 | 0.26% |
| 2016 | 2.34% |
| 2015 | 2.29% |
| 2014 | -0.7% |
| 2013 | -0.78% |
| 2012 | -7.04% |
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.