San Marino: Trade openness
* indicates monthly or quarterly data series
| San Marino |
Trade openness: exports plus imports as percent of GDP |
|---|---|
| Latest value | 340.98 |
| Year | 2023 |
| Measure | percent |
| Data availability | 2015 - 2023 |
| Average | 325.66 |
| Min - Max | 304.90 - 370.44 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2023 is 340.98 percent, a decline from 370.44 percent in 2022. In comparison, the world average is 94.41 percent, based on data from 169 countries. Historically, the average for San Marino from 2015 to 2023 is 325.66 percent. The minimum value, 304.9 percent, was reached in 2020 while the maximum of 370.44 percent was recorded in 2022.
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* indicates monthly or quarterly data series
| Recent values | San Marino: Trade openness |
|---|---|
| 2023 | 340.98 |
| 2022 | 370.44 |
| 2021 | 342.47 |
| 2020 | 304.90 |
| 2019 | 307.26 |
| 2018 | 309.49 |
| 2017 | 313.85 |
| 2016 | 320.15 |
Definition: Exports plus imports as percent of GDP.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Trade openness | 340.98 | 2023 | percent |
| Financial openness | 1.028 | 2022 | index points |
| Exports, percent of GDP | 185.99 | 2023 | percent |
| Exports, billion dollars | 3.77 | 2023 | billion U.S. dollars |
| Growth of exports | -5.41 | 2023 | percent |
| Imports, percent of GDP | 154.99 | 2023 | percent |
| Imports, billion dollars | 3.14 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | -0.89 | 2023 | percent |
| Foreign Direct Investment, billion dollars | -0.02 | 2023 | billion U.S. dollars |
| Portfolio investment inflows, equities | 5.47 | 2023 | million dollars (current) |
| Current account, percent of GDP | 21.99 | 2023 | percent |
| Current account, in dollars | 0.45 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | 31.00 | 2023 | percent |
| Trade balance, in dollars | 0.63 | 2023 | billion U.S. dollars |
| Reserves | 0.86 | 2025 | billion U.S. dollars |
| Remittances, percent of GDP | 1.10 | 2023 | percent |
| Remittances | 22.29 | 2023 | million U.S. dollars |
| Net errors and omissions | -53.75 | 2023 | million USD |