San Marino: Share of manufacturing

* indicates monthly or quarterly data series
 San Marino

Value added by the manufacturing sector as percent of GDP

 Latest value 32.77
 Year 2021
 Measure percent
 Data availability 2015 - 2021
 Average 30.39
 Min - Max 28.48 - 32.77
 Source The World Bank
For that indicator, we provide data for San Marino from 2015 to 2021. The average value for San Marino during that period was 30.39 percent with a minimum of 28.48 percent in 2015 and a maximum of 32.77 percent in 2021. The latest value from 2021 is 32.77 percent. For comparison, the world average in 2021 based on 165 countries is 12.49 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
San Marino - Share of manufacturing - Recent values chart

The importance of manufacturing in the economy of San Marino and other countries is measured as the value added of manufacturing as percent of GDP. Manufacturing is part of the industrial sector of the economy.
Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.

 Related indicators Latest value Reference Measure
 Share of industry 36.64 2021 percent
 Share of manufacturing 32.77 2021 percent
 Share of services 56.51 2021 percent
 Industry value added 0.68 2021 billion U.S. dollars
 Manufacturing value added 0.61 2021 billion U.S. dollars
 Services value added 1.05 2021 billion U.S. dollars
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