Services, value added in San Marino
San Marino: Services, value added was 1.07 billion current LCU in 2023. ▲ Rising
Services, value added in San Marino, 2015–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for services, value added in San Marino is 1.07 billion current LCU, measured in 2023. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 11.3% on the previous year and up 40.7% over ten years.
Over the whole period, services, value added in San Marino peaked at 1.07 billion current LCU in 2023 and was at its lowest, 758.33 million current LCU, in 2015.
San Marino ranks 199th of 205 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 797.19 million current LCU | 758.33 million current LCU | 838.66 million current LCU | 5 |
| 2020s | 923.62 million current LCU | 783.24 million current LCU | 1.07 billion current LCU | 4 |
Countries ranked near San Marino
- 196 East Timor 1.34 billion current LCU compare
- 197 Turks and Caicos Islands 1.27 billion current LCU compare
- 198 Dominica 1.12 billion current LCU compare
- 200 Tonga 761.45 million current LCU compare
- 201 Kiribati 365.46 million current LCU compare
- 202 Micronesia (country) 327.49 million 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 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 services, value added in San Marino?
- Services, value added in San Marino was 1.07 billion current 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 1.07 billion current LCU in 2023.
- What is the lowest services, value added recorded in San Marino?
- The lowest recorded value was 758.33 million current LCU in 2015.
- How does San Marino rank for services, value added?
- San Marino ranks 199th out of 205 countries with data for 2023.
- Is services, value added rising or falling in San Marino?
- Over the last ten years it is up 40.7%. 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 Offices (NSOs), published as part of Services, value added (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.