Gross value added at basic prices (GVA) in San Marino
San Marino: Gross value added at basic prices (GVA) was 1.74 billion current LCU in 2023. ▲ Rising
Gross value added at basic prices (GVA) in San Marino, 2015–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in San Marino is 1.74 billion current LCU, measured in 2023. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 7.8% on the previous year and up 48.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in San Marino peaked at 1.74 billion current LCU in 2023 and was at its lowest, 1.17 billion current LCU, in 2015.
San Marino ranks 197th of 206 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.26 billion current LCU | 1.17 billion current LCU | 1.34 billion current LCU | 5 |
| 2020s | 1.52 billion current LCU | 1.27 billion current LCU | 1.74 billion current LCU | 4 |
Countries ranked near San Marino
- 194 Saint Kitts and Nevis 2.79 billion current LCU compare
- 195 Sint Maarten (Dutch part) 2.27 billion current LCU compare
- 196 East Timor 1.93 billion current LCU compare
- 198 Dominica 1.63 billion current LCU compare
- 199 Turks and Caicos Islands 1.44 billion current LCU compare
- 200 Tonga 1.32 billion current LCU compare
More economy & growth data for San Marino
- Gross fixed capital formation 316.53 million current LCU (2023)
- Exports of goods and services 3.77 billion current 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 1.07 billion current LCU (2023)
- Exports of goods and services 186.0% (2023)
- Gross fixed capital formation 342.26 million current US$ (2023)
- Changes in inventories -6.08 million current US$ (2023)
- Gross fixed capital formation 16.9% (2023)
Frequently asked questions
- What is gross value added at basic prices (gva) in San Marino?
- Gross value added at basic prices (gva) in San Marino was 1.74 billion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in San Marino?
- The highest recorded value was 1.74 billion current LCU in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in San Marino?
- The lowest recorded value was 1.17 billion current LCU in 2015.
- How does San Marino rank for gross value added at basic prices (gva)?
- San Marino ranks 197th out of 206 countries with data for 2023.
- Is gross value added at basic prices (gva) rising or falling in San Marino?
- Over the last ten years it is up 48.7%. 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 Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.