San Marino GDP Per Capita 2023

[ Nominal GDP Per Capita in USD ]

Year -

$59,879.72

Source: world bank Nominal/PPP
Summary:

San Marino GDP Per Capita expanded from 1997 to 2023, increasing from $37,852.98 to $59,879.72 .The compound annual growth rate (CAGR) averaged 1.78% over the period. The economy recorded its peak level in 2008 and its lowest level in 2000. Growth volatility remained high. The maximum drawdown reached 43.15%, indicating the largest cyclical decline from peak levels. The country experienced 4 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$)
Latest Year20232023
Latest GDP Per Capita$ 59,879.72 dollars$ 78,745.43 Int dollars
Growth (YoY)10.498%3.692%
Net Change vs Previous Year$ 5,688.88 dollars$ 2,803.94 Int dollars
% of World GDP Per Capita56.10%41.77%
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
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199737852.98--44426.48--
199840126.942273.966.007 %47679.153252.677.321 %
199941931.81804.864.498 %52063.954384.89.196 %
200037600.71-4331.09-10.329 %53713.451649.53.168 %
200139035.11434.43.815 %57251.83538.356.587 %
200241790.842755.747.06 %57583.91332.110.58 %
200352529.9110739.0725.697 %60223.912640.014.585 %
200458232.025702.1110.855 %61113.9889.991.478 %
200559877.81645.782.826 %63738.572624.674.295 %
200663270.783392.985.667 %67434.163695.585.798 %
200770124.466853.6910.832 %71744.054309.96.391 %
200875902.135777.678.239 %71723.62-20.43-0.028 %
200962428.99-13473.14-17.751 %61969.83-9753.8-13.599 %
201056543.19-5885.8-9.428 %58926.14-3043.69-4.912 %
201155601.39-941.8-1.666 %56239.96-2686.18-4.559 %
201247945.9-7655.49-13.769 %51274.22-4965.74-8.83 %
201350807.832861.935.969 %50770.37-503.85-0.983 %
201451260.49452.660.891 %52909.222138.864.213 %
201543146.82-8113.67-15.828 %52247.21-662.01-1.251 %
201644359.481212.662.811 %53033.06785.851.504 %
201745192.03832.551.877 %52463.42-569.64-1.074 %
201847950.692758.666.104 %54460.911997.493.807 %
201946630.14-1320.54-2.754 %57444.122983.215.478 %
202044326.96-2303.19-4.939 %55206.58-2237.54-3.895 %
202154176.489849.5222.22 %64745.139538.5517.278 %
202254190.8414.360.027 %75941.4911196.3617.293 %
202359879.725688.8810.498 %78745.432803.943.692 %
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 (2002–2004) 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 25.697%, while the largest decline was in 2009 at -17.751%.