San Marino: Net investment in nonfinancial assets (current LCU)

Key figures

Over five years it is up 6.77% from 24.85 million in 2019 (1.32% a year on average, compounded). Since 1995 it is down 99.53% from 5.7 billion in 1995 (16.9% a year on average, compounded). The World Bank has no value for 17 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2024, San Marino's net investment in nonfinancial assets (current LCU) rose 12.7% on 2023 (from 23.56 million to 26.54 million).

Across the 9 yearly changes before that (2003 to 2023), the average change was +82.1% and a typical year strayed about 226.2% from that (the standard deviation). This year's change was 0.3 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 682.1% in 2003 and the biggest yearly fall was 31% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

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

How it compares

In 2024, San Marino had the 88th highest value of the 90 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to San Marino in the 2024 ranking

• Malta — 85th of 90: 733.7 million
• Bahamas, The — 86th of 90: 250.32 million
• Fiji — 87th of 90: 116.64 million
• Naoero — 89th of 90: 23.44 million
• Singapore — 90th of 90: -7.67 billion

What this measures

Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 13 values

Net investment in nonfinancial assets (current LCU) in nearby economies

• Albania — 102.01 billion (2024)
• Armenia — 541.69 billion (2024)
• Austria — 11.48 billion (2024)
• Azerbaijan — 10.05 billion (2024)
• Belarus — 4.76 billion (2024)
• Belgium — 4.51 billion (2024)
• Bosnia and Herzegovina — 1.46 billion (2024)
• Bulgaria — 1.9 billion (2024)
• Croatia — 2.54 billion (2023)
• Cyprus

More public sector data for San Marino

• Central government debt, total (current LCU) — 1.77 billion (2024)
• Grants and other revenue (current LCU) — 203.86 million (2024)
• Grants and other revenue (% of revenue) — 26.04% (2024)
• Social contributions (current LCU) — 240.73 million (2024)
• Social contributions (% of revenue) — 30.75% (2024)
• Revenue, excluding grants (current LCU) — 778.32 million (2024)
• Taxes on goods and services (current LCU) — 147.33 million (2024)
• Taxes on goods and services (% of revenue) — 18.82% (2024)
• Customs and other import duties (current LCU) — 2.33 million (2024)

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 net investment in nonfinancial assets (current LCU)?

26.54 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1995?

It is down 99.53% from 5.7 billion in 1995 (16.9% a year on average, compounded). The highest value was 5.7 billion in 1995 and the lowest 2.98 million in 2002.

How does San Marino rank?

88th highest of 90 economies with data for 2024.

Is the latest change in net investment in nonfinancial assets (current LCU) unusual for San Marino?

In 2024, San Marino's net investment in nonfinancial assets (current LCU) rose 12.7% on 2023 (from 23.56 million to 26.54 million). Across the 9 yearly changes before that (2003 to 2023), the average change was +82.1% and a typical year strayed about 226.2% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator GC.NFN.TOTL.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) 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.