San Marino: GDP per capita (constant LCU)

Key figures

What the numbers say

In 2023, San Marino's GDP per capita (constant LCU) rose 37.86 on 2022 (from 41,795 to 41,833).

Across the 25 yearly changes before that (1998 to 2022), the average change was +93.5 and a typical year strayed about 2,515 from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 5,157 in 2021 and the biggest yearly fall was 7,091 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 the straight-line trend is upward, about 712.25 a year. A straight line explains 51% of the movement over 10 observed years.

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

Closest to San Marino in the 2023 ranking

• Greenland — 1st of 4: 285,947
• Channel Islands — 2nd of 4: 60,006
• Isle of Man — 3rd of 4: 55,188

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 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.

All 27 values

GDP per capita (constant LCU) in nearby economies

• Albania — 904,310 (2025)
• Andorra — 37,615 (2025)
• Armenia — 2.53 million (2025)
• Austria — 45,266 (2025)
• Azerbaijan — 3,312 (2025)
• Belarus — 23,470 (2025)
• Belgium — 44,506 (2025)
• Bosnia and Herzegovina — 13,971 (2025)
• Bulgaria — 11,695 (2025)
• Channel Islands — 60,006 (2023)
• Croatia — 17,990 (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)

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Questions people ask

What is San Marino's GDP per capita (constant LCU)?

41,833 in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1997?

It is up 6.02% from 39,457 in 1997 (0.23% a year on average, compounded). The highest value was 51,168 in 2007 and the lowest 33,016 in 2020.

Is the latest change in GDP per capita (constant LCU) unusual for San Marino?

In 2023, San Marino's GDP per capita (constant LCU) rose 37.86 on 2022 (from 41,795 to 41,833). Across the 25 yearly changes before that (1998 to 2022), the average change was +93.5 and a typical year strayed about 2,515 from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

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.KN, 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.

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