San Marino: Trade (% of GDP)
In , San Marino's Trade (% of GDP) was 340.98.
That's down 8.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 92.19 .
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2023
Trend (2015–2023)
- 2020 · COVID-19 pandemic
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 370.44
- Trough
- 304.90
- 1-year change
- -8.0%
- 5-year change
- +10.2%
- +2.0% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 340.9834 | |
| 370.4361 | |
| 342.4702 | |
| 304.9032 | |
| 307.2648 | |
| 309.4880 | |
| 313.8503 | |
| 320.1461 | |
| 321.3640 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was San Marino's Trade (% of GDP) in 2023?
- In 2023, San Marino's Trade (% of GDP) was 340.98, according to World Bank Open Data.
- Is San Marino's Trade (% of GDP) rising or falling?
- San Marino's Trade (% of GDP) fell 8.0% from 2022 to 2023.
- How does San Marino's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2023 was 92.19, so San Marino is above the world average.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. 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.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.