San Marino GDP from Services

Services value added as a share of GDP.

GDP from Services in San Marino increased to 56.90 percent of GDP in 2023 from 55.08 percent of GDP in 2022.

56.9%
▲ +1.8 pp2023 · previous 55.1%Annual · percent of GDP · Source: World Bank — World Development Indicators

San Marino GDP from Services — History

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San Marino GDP from Services — analysis in simple words

Latest reading

GDP from Services in San Marino increased to 56.90 percent of GDP in 2023 from 55.08 percent of GDP in 2022.

Over the last three years it rose once and fell twice.

Recent trend

A year earlier (2022) it was 55.1%, so the latest figure is 1.8 percentage points higher.

Over the past five years the average was 56.9%, with a range from 55.1% to 58.1%. The latest value is below that five-year average.

Historical context

This data series starts in 2015 and has 9 annual observations. The latest reading is higher than 33% of all of them.

The highest value on record is 59.9% (2017) and the lowest is 55.1% (2022). The long-run average is 57.7%.

Compared with other countries

Among 202 economies with recent data, San Marino ranks 112th from the top. The median across all these economies is 57.7%, so San Marino is below the typical country.

Within Europe & Central Asia (57 economies with data) it ranks 46th; the regional median is 61.5%.

Statistics

Latest
56.9%2023
Previous
55.1%
5-year average
56.9%
Long-run average
57.7%since 2015
All-time high
59.9%2017
All-time low
55.1%2022
Observations
9Annual

Recent Data

PeriodValueChange
202356.9%▲ +1.8 pp
202255.1%▼ −1.4 pp
202156.5%▼ −1.4 pp
202057.9%▼ −0.2 pp
201958.1%▲ +1.8 pp
201856.3%▼ −3.6 pp
201759.9%▲ +0.5 pp
201659.4%▲ +0.2 pp
201559.3%

GDP from Services — San Marino vs Peers

Latest available reading for each economy (periods may differ). San Marino highlighted.

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More San Marino indicators

Understanding GDP from Services — a simple guide

What it measures

Services value added as a share of GDP.

How it is calculated

Value added by services (trade, transport, finance, IT, health, education, government) ÷ GDP × 100.

Simple example

A share of 55% means more than half the economy is services.

▲ When it is high or rising

Service-heavy economies tend to be less cyclical.

▼ When it is low or falling

A lower share means agriculture or industry plays a bigger role.

Why it matters for the economy and markets

Services dominate most advanced economies and a growing share of emerging ones.

How to read it

Services tend to be less cyclical than industry and more dependent on domestic demand.

Data source

World Bank — World Development Indicators (series NV.SRV.TOTL.ZS), annual data from 2015 to 2023. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current gdp from services of San Marino?
San Marino gdp from services was 56.9% in 2023, compared with 55.1% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest gdp from services of San Marino?
Since 2015, the highest reading was 59.9% (2017) and the lowest was 55.1% (2022).
What does gdp from services measure?
Services value added as a share of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.