Industry (including construction), value added in San Marino
San Marino: Industry (including construction), value added was -4.5% in 2023. ◆ Volatile
Industry (including construction), value added in San Marino, 2016–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
San Marino recorded -4.5% for industry (including construction), value added in 2023. That is the lowest value across all 8 years on record.
Compared with earlier readings it is down 141.8% on the previous year and down 199.4% over ten years.
That places San Marino 183rd out of 198 countries with data for 2023, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.8% | -2.0% | 13.3% | 4 |
| 2020s | 4.7% | -4.5% | 17.2% | 4 |
Countries ranked near San Marino
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 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)
- Changes in inventories -6.08 million current US$ (2023)
- Gross fixed capital formation 16.9% (2023)
Frequently asked questions
- What is industry (including construction), value added in San Marino?
- Industry (including construction), value added in San Marino was -4.5% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in San Marino?
- The highest recorded value was 17.2% in 2021.
- What is the lowest industry (including construction), value added recorded in San Marino?
- The lowest recorded value was -4.5% in 2023.
- How does San Marino rank for industry (including construction), value added?
- San Marino ranks 183rd out of 198 countries with data for 2023.
- Is industry (including construction), value added rising or falling in San Marino?
- Over the last ten years it is down 199.4%. The long-run trend across the full record is volatile.
- Where does this San Marino data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.