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San Marino GDP Deflator

Inflation as measured by annual growth rate of GDP implicit deflator  NY.GDP.DEFL.KD.ZG

San Marino's gdp deflator was 8.77% in 2025, ranked 53rd globally. This represents a 19.2% increase from 2024. Data from World Bank, covering 1998–2025.

8.77% +1.41pp (+19.2%)
Year 2025 Rank #53 Global Peak 8.77% (2025) Source World Bank

San Marino GDP Deflator (1998–2025)

Overview

San Marino's gdp deflator stood at 8.77% in 2025, a rise of +1.41pp from 2023. Based on recent trends, this figure is projected to reach 8.77% by 2025. San Marino ranked 53rd globally.

San Marino's GDP Deflator has experienced significant fluctuations over the past 27 years, with the latest value standing at 8.77% in 2025. This is a stark contrast to the record low of -1.97% observed in 2007, when the global financial crisis led to a sharp decline in prices. Conversely, the country's GDP Deflator peaked at 8.77% in 2025, indicating a period of rapid economic growth. Comparatively, Bosnia and Herzegovina and Aruba had GDP Deflators of 8.79% and 8.75%, respectively, in the same year. San Marino's GDP Deflator has generally followed a rising trend since 1998, when it stood at 1.83%, although the pace of growth has accelerated in recent years. The current trend is expected to continue, with potential economic shocks such as global trade tensions or changes in monetary policy likely to influence the trajectory of San Marino's GDP Deflator.

Data & projection

Year GDP Deflator YoY change Rank
2026* trend 10.30% - -
2025* trend 8.77% - -
2025 8.77% +1.41pp #53
2023 7.36% +4.59pp #149
2022 2.76% +0.92pp #27
2021 1.84% +1.50pp #36
2020 0.34% −0.57pp #58
2019 0.91% −1.15pp #57
2018 2.06% +0.32pp #87
2017 1.74% +0.43pp #66
2016 1.32% +2.06pp #80
2015 -0.74% −1.13pp #35
2014 0.39% −1.61pp #44
2013 2.00% −1.12pp #98
2012 3.12% +2.97pp #88
2011 0.15% −1.28pp #19
2010 1.43% +0.43pp #58
Show all years (1998-2025)
* Linear trend extrapolation

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 gdp deflator improve within 24 months. View full analysis →

Frequently Asked Questions

What is San Marino's gdp deflator?▾

San Marino's gdp deflator was 8.77% in 2025. Ranked 53rd globally. This represents a 19.2% increase from the previous year.

What was the highest gdp deflator in San Marino?▾

San Marino's gdp deflator peaked at 8.77% in 2025.

What was the lowest gdp deflator in San Marino?▾

The lowest gdp deflator in San Marino was -1.97% in 2007.

How does San Marino rank in gdp deflator?▾

San Marino ranks 53rd globally in gdp deflator as of 2025.

What is the World Bank indicator code for gdp deflator?▾

The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.

What is the projected gdp deflator of San Marino in 2025?▾

San Marino's gdp deflator is projected to reach 8.77% by 2025 based on trend extrapolation.

What is the gdp deflator of San Marino in 2025?▾

The gdp deflator of San Marino in 2025 was 8.77%. This ranks 53rd in the world.

Cite this page

APA
San Marino GDP Deflator. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/san-marino/gdp-deflator/
BibTeX
@misc{historysaid_san-marino_gdp-deflator, title = {San Marino GDP Deflator}, url = {https://historysaid.com/san-marino/gdp-deflator/}, publisher = {HistorySaid}, year = {2026} }
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