San Marino GDP Trends from 2000 to 2024: A overall increase with some decline Flow

San Marino's GDP changed from approximately $1B 8M in 2000 to $2B 33M in 2024, showing an overall 101.8% sharply increased during the period.
The lowest GDP was recorded in 2000 at $1B 8M, and the highest in 2008 at $2B 403M.
Over the 24-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 3.0%.
For comparison, the average annual growth rate of Italy was 3.7%, and that of Luxembourg was 6.1%.

Overview of San Marino's GDP (2000–2024)

The Gross Domestic Product (GDP) of San Marino recorded a 101.8% sharply increased from 2000 to 2024.
The average GDP during this period was $1B 690M, and the median was $1B 678M.
GDP fluctuated within a range of $1B 395M, with a standard deviation of $330M 663K.
The average annual change was $14M 216K.


San Marino GDP from 2000 to 2024

The total market value of goods and services produced annually in San Marino.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 2000, $1B 8M
    • Highest GDP: 2008, $2B 403M
    • Most Recent GDP: 2024, $2B 33M

    Notable Annual GDP Changes

    • 2003: Significant increase in GDP
    • 2009: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and San Marino's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $1B 616M → $1B 543M
    • Outcome: declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $2B 189M → $2B 61M
    • Outcome: declined

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $1B 8M → $1B 60M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $0 → $0
    • Outcome: remained stable

    Key Economic Indicators of San Marino (2000–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1997
    $ 0
    $ 0
    $ 0
    $ 1B 149M
    0 %
    0 %
    0 %
    0 %
    0 person
    1998
    $ 0
    $ 0
    $ 0
    $ 1B 249M
    7.52 %
    0 %
    0 %
    0 %
    0 person
    1999
    $ 0
    $ 0
    $ 0
    $ 1B 381M
    8.998 %
    0 %
    0 %
    0 %
    0 person
    2000
    $ 1B 8M
    $ 0
    $ 0
    $ 1B 443M
    2.203 %
    0 %
    0 %
    0 %
    0 person
    2001
    $ 1B 60M
    $ 0
    $ 0
    $ 1B 558M
    5.539 %
    0 %
    0 %
    0 %
    0 person
    2002
    $ 1B 148M
    $ 0
    $ 0
    $ 1B 587M
    0.315 %
    0 %
    0 %
    0 %
    0 person
    2003
    $ 1B 462M
    $ 0
    $ 0
    $ 1B 681M
    3.9 %
    0 %
    0 %
    0 %
    0 person
    2004
    $ 1B 714M
    $ 59,313.40
    $ 62,457.91
    $ 1B 805M
    4.565 %
    0 %
    0 %
    2.658 %
    29,000 people
    2005
    $ 1B 788M
    $ 61,150.61
    $ 65,223.15
    $ 1B 907M
    2.426 %
    0 %
    0 %
    3.783 %
    29,000 people
    2006
    $ 1B 910M
    $ 64,498.51
    $ 68,925.45
    $ 2B 41M
    3.826 %
    0 %
    0 %
    1.701 %
    30,000 people
    2007
    $ 2B 189M
    $ 72,991.53
    $ 74,863.81
    $ 2B 245M
    7.103 %
    0 %
    0 %
    2.02 %
    30,000 people
    2008
    $ 2B 403M
    $ 79,110.20
    $ 75,049.07
    $ 2B 280M
    -0.389 %
    0 %
    0 %
    0.387 %
    30,000 people
    2009
    $ 2B 61M
    $ 67,011.54
    $ 67,001.72
    $ 2B 61M
    -10.135 %
    0 %
    0 %
    -2.318 %
    31,000 people
    2010
    $ 1B 883M
    $ 60,426.24
    $ 63,068.56
    $ 1B 965M
    -5.811 %
    0 %
    0 %
    -2.155 %
    31,000 people
    2011
    $ 1B 813M
    $ 57,512.89
    $ 58,183.64
    $ 1B 834M
    -8.535 %
    0 %
    0 %
    -3.956 %
    32,000 people
    2012
    $ 1B 606M
    $ 50,336.18
    $ 54,797.23
    $ 1B 748M
    -7.233 %
    0 %
    0 %
    -6.998 %
    32,000 people
    2013
    $ 1B 678M
    $ 51,986.53
    $ 53,898.35
    $ 1B 740M
    -0.82 %
    0 %
    0 %
    -7.643 %
    32,000 people
    2014
    $ 1B 674M
    $ 51,234.87
    $ 55,875.22
    $ 1B 825M
    -0.649 %
    0 %
    0 %
    1.292 %
    33,000 people
    2015
    $ 1B 420M
    $ 43,068.69
    $ 56,137.70
    $ 1B 850M
    2.691 %
    0 %
    0 %
    -3.075 %
    33,000 people
    2016
    $ 1B 468M
    $ 44,308.67
    $ 58,102.79
    $ 1B 925M
    2.338 %
    0 %
    0 %
    0.145 %
    33,000 people