External balance on goods and services in San Marino
San Marino: External balance on goods and services was 439.13 million constant LCU in 2023. ▲ Rising
External balance on goods and services in San Marino, 2015–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2023, external balance on goods and services in San Marino stood at 439.13 million constant LCU. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 27.6% on the previous year and up 38.5% over ten years.
Over the whole period, external balance on goods and services in San Marino peaked at 439.13 million constant LCU in 2023 and was at its lowest, 259.13 million constant LCU, in 2019.
That places San Marino 57th out of 161 countries with data for 2023, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 291.28 million constant LCU | 259.13 million constant LCU | 316.96 million constant LCU | 5 |
| 2020s | 350.91 million constant LCU | 278.42 million constant LCU | 439.13 million constant LCU | 4 |
Countries ranked near San Marino
More economy & growth data for San Marino
- Gross fixed capital formation 294.14 million constant 2015 US$ (2023)
- Exports of goods and services 3.49 billion current LCU (2023)
- Exports of goods and services 3.25 billion constant 2015 US$ (2023)
- Exports of goods and services -5.4% (2023)
- Services, value added 988.74 million constant 2015 US$ (2023)
- Exports of goods and services 186.0% (2023)
- Gross fixed capital formation 342.26 million current US$ (2023)
- Gross fixed capital formation 316.53 million current LCU (2023)
- Changes in inventories -5.62 million current LCU (2023)
- Changes in inventories -6.08 million current US$ (2023)
Frequently asked questions
- What is external balance on goods and services in San Marino?
- External balance on goods and services in San Marino was 439.13 million constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in San Marino?
- The highest recorded value was 439.13 million constant LCU in 2023.
- What is the lowest external balance on goods and services recorded in San Marino?
- The lowest recorded value was 259.13 million constant LCU in 2019.
- How does San Marino rank for external balance on goods and services?
- San Marino ranks 57th out of 161 countries with data for 2023.
- Is external balance on goods and services rising or falling in San Marino?
- Over the last ten years it is up 38.5%. The long-run trend across the full record is rising.
- Where does this San Marino data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.