[ Nominal GDP in billions of USD ]
Year -
$2.03 billions
San Marino GDP expanded from 1997 to 2023, increasing from $0.98 billion to $2.03 billion.The compound annual growth rate (CAGR) averaged 2.84% over the period. The economy recorded its peak level in 2008 and its lowest level in 1997. Growth volatility remained high. The maximum drawdown reached 40.83%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2023 | 2023 |
| Latest GDP | $ 2.03 Billions | $ 2.67 Int Billions |
| Growth (YoY) | 10.842% | 4.015% |
| Net Change vs Previous Year | $ 0.20 Billion | $ 0.10 Int Billion |
| % of World GDP | 0.00% | 0.00% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | - | - | - | - | - | - |
| 1988 | - | - | - | - | - | - |
| 1989 | - | - | - | - | - | - |
| 1990 | - | - | - | - | - | - |
| 1991 | - | - | - | - | - | - |
| 1992 | - | - | - | - | - | - |
| 1993 | - | - | - | - | - | - |
| 1994 | - | - | - | - | - | - |
| 1995 | - | - | - | - | - | - |
| 1996 | - | - | - | - | - | - |
| 1997 | 0.98 | - | - | 1.15 | - | - |
| 1998 | 1.05 | 0.07 | 7.343 % | 1.25 | 0.1 | 8.673 % |
| 1999 | 1.11 | 0.06 | 5.834 % | 1.38 | 0.13 | 10.593 % |
| 2000 | 1.01 | -0.1 | -9.177 % | 1.44 | 0.06 | 4.494 % |
| 2001 | 1.06 | 0.05 | 5.147 % | 1.55 | 0.11 | 7.956 % |
| 2002 | 1.15 | 0.09 | 8.432 % | 1.58 | 0.03 | 1.87 % |
| 2003 | 1.46 | 0.31 | 27.307 % | 1.68 | 0.09 | 5.924 % |
| 2004 | 1.72 | 0.25 | 17.281 % | 1.8 | 0.12 | 7.36 % |
| 2005 | 1.79 | 0.07 | 4.149 % | 1.9 | 0.1 | 5.637 % |
| 2006 | 1.91 | 0.12 | 6.899 % | 2.04 | 0.13 | 7.032 % |
| 2007 | 2.19 | 0.28 | 14.603 % | 2.24 | 0.2 | 10.011 % |
| 2008 | 2.4 | 0.21 | 9.803 % | 2.27 | 0.03 | 1.416 % |
| 2009 | 2.06 | -0.34 | -14.103 % | 2.05 | -0.22 | -9.768 % |
| 2010 | 1.88 | -0.18 | -8.869 % | 1.96 | -0.09 | -4.325 % |
| 2011 | 1.81 | -0.07 | -3.587 % | 1.83 | -0.13 | -6.423 % |
| 2012 | 1.6 | -0.21 | -11.524 % | 1.72 | -0.12 | -6.457 % |
| 2013 | 1.68 | 0.07 | 4.614 % | 1.68 | -0.04 | -2.249 % |
| 2014 | 1.67 | 0 | -0.288 % | 1.73 | 0.05 | 2.995 % |
| 2015 | 1.42 | -0.25 | -15.205 % | 1.72 | -0.01 | -0.519 % |
| 2016 | 1.47 | 0.05 | 3.448 % | 1.76 | 0.04 | 2.134 % |
| 2017 | 1.53 | 0.06 | 4.105 % | 1.77 | 0.02 | 1.09 % |
| 2018 | 1.66 | 0.13 | 8.291 % | 1.88 | 0.11 | 5.946 % |
| 2019 | 1.62 | -0.04 | -2.357 % | 1.99 | 0.11 | 5.909 % |
| 2020 | 1.54 | -0.08 | -4.646 % | 1.92 | -0.07 | -3.598 % |
| 2021 | 1.86 | 0.31 | 20.399 % | 2.22 | 0.3 | 15.531 % |
| 2022 | 1.83 | -0.03 | -1.425 % | 2.56 | 0.35 | 15.591 % |
| 2023 | 2.03 | 0.2 | 10.842 % | 2.67 | 0.1 | 4.015 % |
| 2024 | - | - | - | - | - | - |
Between 1997 to 2023, San Marino experienced the following economic phases:
The most remarkable growth occurred in 2003 with an increase of 27.307%, while the largest decline was in 2015 at -15.205%.