San Marino — GDP growth
GDP Growth (Annual %) for San Marino, 1998–2023.
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%. Within Europe & Central Asia it ranks 53 of 57 economies; Germany (0.24%) is just below it. Its sharpest one-year move was down 1960% in 2009. That is 80% below this series' own ten-year average.
Data highlights
World ranking. Slipped: 25th of 199 in 1998 → 153rd of 199 in 2000 → 204th of 209 in 2010 → 141st of 209 in 2020 → 173rd of 204 in 2023.
Key figures
Full history — 1998 to 2023
| Year | annual % | Change |
|---|---|---|
| 2023 | 0.4% | -7.5 pp |
| 2022 | 7.9% | -6.0 pp |
| 2021 | 13.9% | +20.5 pp |
| 2020 | -6.65% | -8.7 pp |
| 2019 | 2.07% | +0.6 pp |
| 2018 | 1.49% | +1.2 pp |
| 2017 | 0.26% | -2.1 pp |
| 2016 | 2.34% | +0.1 pp |
| 2015 | 2.29% | +3.0 pp |
| 2014 | -0.7% | +0.1 pp |
| 2013 | -0.78% | +6.3 pp |
| 2012 | -7.04% | +1.3 pp |
| 2011 | -8.31% | -2.8 pp |
| 2010 | -5.47% | +4.8 pp |
| 2009 | -10.32% | -9.8 pp |
| 2008 | -0.5% | -7.6 pp |
| 2007 | 7.11% | +3.3 pp |
| 2006 | 3.83% | +1.4 pp |
| 2005 | 2.43% | -2.1 pp |
| 2004 | 4.55% | +0.7 pp |
| 2003 | 3.87% | +3.6 pp |
| 2002 | 0.31% | -5.3 pp |
| 2001 | 5.58% | +3.4 pp |
| 2000 | 2.18% | -6.9 pp |
| 1999 | 9.05% | +1.6 pp |
| 1998 | 7.47% | — |
Frequently asked questions
What was San Marino’s GDP growth in 1999?
9.05% (1999). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is San Marino’s GDP growth growing or shrinking?
Between 1998 and 2023 the series was shrinking overall: -94.6% in total — about 11.0% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2023: 0.4%; 2022: 7.9%; 2021: 13.9%; 2020: -6.65%; 2019: 2.07%. Earlier years are in the full-history table below.
Related data
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.