San Marino: Industry value added

The latest value from 2022 is 0.69 billion U.S. dollars, an increase from 0.68 billion U.S. dollars in 2021. In comparison, the world average is 121.48 billion U.S. dollars, based on data from 182 countries. Historically, the average for San Marino from 2015 to 2022 is 0.56 billion U.S. dollars. The minimum value, 0.45 billion U.S. dollars, was reached in 2015 while the maximum of 0.69 billion U.S. dollars was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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. Data are in current U.S. dollars.