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San Marino Current Account Balance

Current account balance as % of GDP  BN.CAB.XOKA.GD.ZS

17.49% −0.83% (-4.6%)
Year 2025 Rank #3 Global Peak 21.99% (2023) Source World Bank

San Marino Current Account Balance (2017–2025)

Overview

San Marino's current account balance stood at 17.49% in 2025, a decline of +0.83% from 2024. The IMF projects 17.49% by 2025. San Marino ranked 3rd globally.

Data & projection

Year Current Account Balance YoY change Rank
2030* IMF 15.05% - -
2029* IMF 15.35% - -
2028* IMF 16.23% - -
2027* IMF 17.05% - -
2026* IMF 17.76% - -
2025* IMF 17.49% - -
2025 17.49% −0.83% #3
2024 18.32% −3.67% #188
2023 21.99% +8.39% #192
2022 13.61% +8.22% #177
2021 5.40% +2.61% #159
2020 2.79% +0.75% #149
2019 2.03% +3.92% #139
2018 -1.89% −1.50% #110
2017 -0.39% #125
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +22.1% GDP growth 13.9% C/A balance 5.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

San Marino matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw current account balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is San Marino's current account balance?

San Marino's current account balance was 17.49% in 2025. Ranked 3rd globally. This represents a 4.6% decrease from the previous year.

What was the highest current account balance in San Marino?

San Marino's current account balance peaked at 21.99% in 2023.

What was the lowest current account balance in San Marino?

The lowest current account balance in San Marino was -1.89% in 2018.

How does San Marino rank in current account balance?

San Marino ranks 3rd globally in current account balance as of 2025.

What is the World Bank indicator code for current account balance?

The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.

What is the projected current account balance of San Marino in 2025?

San Marino's current account balance is projected to reach 17.49% by 2025 based on IMF projection.

What is the current account balance of San Marino in 2025?

The current account balance of San Marino in 2025 was 17.49%. This ranks 3rd in the world.

Cite this page

APA
San Marino Current Account Balance. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/san-marino/current-account
BibTeX
@misc{historysaid_san-marino_current-account, title = {San Marino Current Account Balance}, url = {https://historysaid.com/san-marino/current-account}, publisher = {HistorySaid}, year = {2026} }