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San Marino: Imports of goods and services (% of GDP)

In , San Marino's Imports of goods and services (% of GDP) was 154.99.

That's down 10.4% from 2022, the highest value since .

The global average for this indicator in 2023 was 47.94 .

Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2023

Trend (2015–2023)

San Marino Imports of goods and services (% of GDP) trend 2020: COVID-19 pandemic 2022: Russia–Ukraine war begins
  • 2020 · COVID-19 pandemic
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
173.02
Trough
140.42
1-year change
-10.4%
5-year change
+8.5%
+1.6% / yr

Historical Data — Last 10 Years

Year Imports of goods and services (% of GDP)
154.9906
173.0237
158.1559
140.4245
143.2675
142.8905
145.0716
147.0779
146.9113

About Imports of goods and services (% of GDP)

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.IMP.GNFS.ZSCategory: Economy

Frequently asked questions

What was San Marino's Imports of goods and services (% of GDP) in 2023?
In 2023, San Marino's Imports of goods and services (% of GDP) was 154.99, according to World Bank Open Data.
Is San Marino's Imports of goods and services (% of GDP) rising or falling?
San Marino's Imports of goods and services (% of GDP) fell 10.4% from 2022 to 2023.
How does San Marino's Imports of goods and services (% of GDP) compare to the world average?
The global average for Imports of goods and services (% of GDP) in 2023 was 47.94, so San Marino is above the world average.
What is Imports of goods and services (% of GDP) and how is it measured?
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.