San Marino: Trade openness

* indicates monthly or quarterly data series
 San Marino

Trade openness: exports plus imports as percent of GDP

 Latest value 370.44
 Year 2022
 Measure percent
 Data availability 2015 - 2022
 Average 323.74
 Min - Max 304.90 - 370.44
 Source The World Bank
The latest value from 2022 is 370.44 percent, an increase from 342.47 percent in 2021. In comparison, the world average is 101.04 percent, based on data from 169 countries. Historically, the average for San Marino from 2015 to 2022 is 323.74 percent. The minimum value, 304.9 percent, was reached in 2020 while the maximum of 370.44 percent was recorded in 2022. 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 data
San Marino - Trade openness - Recent values chart




Definition: Exports plus imports as percent of GDP.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Trade openness 370.44 2022 percent
 Financial openness 1.034 2021 index points
 Exports, percent of GDP 184.31 2021 percent
 Exports, billion dollars 3.62 2022 billion U.S. dollars
 Growth of exports 29.45 2021 percent
 Imports, percent of GDP 158.16 2021 percent
 Imports, billion dollars 3.17 2022 billion U.S. dollars
 Portfolio investment inflows, equities 5.48 2022 million dollars (current)
 Current account, percent of GDP 6.47 2021 percent
 Current account, in dollars 0.28 2022 billion U.S. dollars
 Trade balance, percent of GDP 26.16 2021 percent
 Trade balance, in dollars 0.45 2022 billion U.S. dollars
 Reserves 0.84 2023 billion U.S. dollars
 Remittances, percent of GDP 1.13 2021 percent
 Remittances 21.04 2023 million U.S. dollars
 Net errors and omissions -15.03 2022 million USD
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