San Marino GDP Per Capita 2023

[ Nominal GDP Per Capita in USD ]

Year -

$2.03

Source: world bank Nominal/PPP
Summary:

San Marino GDP Per Capita expanded from 1997 to 2023, increasing from $0.98 to $2.03 .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.

Latest GDP Per Capita of San Marino 2023 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20232023
Latest GDP Per Capita$ 2.03 dollars$ 2.67 Int dollars
Growth (YoY)10.842%4.015%
Net Change vs Previous Year$ 0.20 dollars$ 0.10 Int dollars
% of World GDP Per Capita0.00%0.00%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
San Marino GDP | San Marino GDP Growth

San Marino Annual GDP Per Capita From 1960 to 2023

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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19970.98--1.15--
19981.050.077.343 %1.250.18.673 %
19991.110.065.834 %1.380.1310.593 %
20001.01-0.1-9.177 %1.440.064.494 %
20011.060.055.147 %1.550.117.956 %
20021.150.098.432 %1.580.031.87 %
20031.460.3127.307 %1.680.095.924 %
20041.720.2517.281 %1.80.127.36 %
20051.790.074.149 %1.90.15.637 %
20061.910.126.899 %2.040.137.032 %
20072.190.2814.603 %2.240.210.011 %
20082.40.219.803 %2.270.031.416 %
20092.06-0.34-14.103 %2.05-0.22-9.768 %
20101.88-0.18-8.869 %1.96-0.09-4.325 %
20111.81-0.07-3.587 %1.83-0.13-6.423 %
20121.6-0.21-11.524 %1.72-0.12-6.457 %
20131.680.074.614 %1.68-0.04-2.249 %
20141.670-0.288 %1.730.052.995 %
20151.42-0.25-15.205 %1.72-0.01-0.519 %
20161.470.053.448 %1.760.042.134 %
20171.530.064.105 %1.770.021.09 %
20181.660.138.291 %1.880.115.946 %
20191.62-0.04-2.357 %1.990.115.909 %
20201.54-0.08-4.646 %1.92-0.07-3.598 %
20211.860.3120.399 %2.220.315.531 %
20221.83-0.03-1.425 %2.560.3515.591 %
20232.030.210.842 %2.670.14.015 %
2024------

San Marino Economic Phases (1997 - 2023)

From 1997 to 2023, San Marino economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1998–1999) indicating robust economic expansion
  • High Growth (2001–2004) indicating robust economic expansion
  • High Growth (2006–2008) indicating robust economic expansion
  • Contraction (2010–2011) indicating temporary slowdown
  • Expansion (2016–2017) indicating steady moderate growth
  • Contraction (2019–2020) indicating temporary slowdown
  • High Growth (2023–2023) indicating robust economic expansion

The most remarkable growth occurred in 2003 with an increase of 27.307%, while the largest decline was in 2015 at -15.205%.