Services, value added in San Marino
San Marino: Services, value added was 805.90 million constant LCU in 2023. ▲ Rising
Services, value added in San Marino, 2015–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
San Marino recorded 805.90 million constant LCU for services, value added in 2023. That is the highest value across all 9 years on record.
That represents a change of up 3.7% on the previous year and up 17.5% over ten years.
Over the whole period, services, value added in San Marino peaked at 805.90 million constant LCU in 2023 and was at its lowest, 664.84 million constant LCU, in 2020.
San Marino ranks 193rd of 198 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 698.09 million constant LCU | 678.75 million constant LCU | 714.33 million constant LCU | 5 |
| 2020s | 746.66 million constant LCU | 664.84 million constant LCU | 805.90 million constant LCU | 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 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 services, value added in San Marino?
- Services, value added in San Marino was 805.90 million constant LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in San Marino?
- The highest recorded value was 805.90 million constant LCU in 2023.
- What is the lowest services, value added recorded in San Marino?
- The lowest recorded value was 664.84 million constant LCU in 2020.
- How does San Marino rank for services, value added?
- San Marino ranks 193rd out of 198 countries with data for 2023.
- Is services, value added rising or falling in San Marino?
- Over the last ten years it is up 17.5%. 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 Offices (NSOs), published as part of Services, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 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.