San Marino: GDP per capita (annual % growth)

Key figures

What the numbers say

In 2023, San Marino's GDP per capita (annual % growth) fell 9.4 percentage points on 2022 (from 9.49% to 0.09%).

Across the 24 yearly changes before that (1999 to 2022), the average change was +0.14 percentage points and a typical year strayed about 6.96 percentage points from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 22.56 percentage points in 2021 and the biggest yearly fall was 12.21 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 10% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

Closest to San Marino in the 2023 ranking

• Channel Islands — 1st of 4: 3.42%
• Greenland — 2nd of 4: 0.5%
• Isle of Man — 4th of 4: -2.07%

What this measures

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 26 values

GDP per capita (annual % growth) in nearby economies

• Albania — 5.01% (2025)
• Andorra — 2.66% (2025)
• Armenia — 5.35% (2025)
• Austria — 0.29% (2025)
• Azerbaijan — 1.01% (2025)
• Belarus — 1.82% (2025)
• Belgium — 0.28% (2025)
• Bosnia and Herzegovina — 2.91% (2025)
• Bulgaria — 3.23% (2025)
• Channel Islands — 3.42% (2023)
• Croatia — 3.14% (2025)

More economic policy & debt data for San Marino

• Adjusted savings, education expenditure (% of GNI) — 3.77% (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Total reserves, including gold (current US$) — US$861.24 million (2025)
• Total reserves, excluding gold (current US$) — US$861.24 million (2025)
• GDP (current US$) — US$2.03 billion (2023)
• GDP (current LCU) — 1.87 billion (2023)
• GDP, linked series (current LCU) — 1.87 billion (2023)
• GDP (constant 2015 US$) — US$1.74 billion (2023)
• GDP (constant LCU) — 1.42 billion (2023)
• GDP, PPP (current international $) — 2.67 billion (2023)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is San Marino's GDP per capita (annual % growth)?

0.09% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1998?

It is down 6.04 percentage points from 6.13% in 1998. The highest value was 15.62% in 2021 and the lowest -14.13% in 2009.

Is the latest change in GDP per capita (annual % growth) unusual for San Marino?

In 2023, San Marino's GDP per capita (annual % growth) fell 9.4 percentage points on 2022 (from 9.49% to 0.09%). Across the 24 yearly changes before that (1999 to 2022), the average change was +0.14 percentage points and a typical year strayed about 6.96 percentage points from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator NY.GDP.PCAP.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.