San Marino Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
San Marino's gross savings was 38.58% in 2023, ranked 14th globally. This represents a 0.0% increase from 2022. Data from World Bank, covering 2017–2023.
Overview
San Marino's gross savings stood at 38.58% in 2023, a rise of +0.01% from 2022. San Marino ranked 14th globally.
San Marino's gross savings rate has demonstrated a notable upward trend, with the latest value reaching 38.58 in 2023, positioning the country at the 14th spot globally. The peak savings rate of 38.58 was achieved in 2023, while the trough of 31.47 occurred in 2020. Compared to its peer countries, San Marino's savings rate is closest to Singapore's 38.67, indicating a similar level of economic resilience. Over the 7-year coverage period, San Marino's gross savings have shown a steady increase, reflecting the country's efforts to stabilize its economy. The upward trajectory is particularly notable in contrast to the 2020 trough, which was likely influenced by the COVID-19 pandemic. If San Marino continues to maintain its economic stability and invest in long-term growth, the country may see its savings rate increase further, potentially even surpassing its current peak.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2023 | 38.58% | +0.01% | #14 |
| 2022 | 38.57% | +0.40% | #20 |
| 2021 | 38.16% | +6.70% | #16 |
| 2020 | 31.47% | −4.06% | #26 |
| 2019 | 35.53% | +0.93% | #21 |
| 2018 | 34.60% | −0.09% | #20 |
| 2017 | 34.68% | – | #20 |
Detected Pattern
Analysis
San Marino matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
San Marino's gross savings was 38.58% in 2023. Ranked 14th globally. This represents a 0.0% increase from the previous year.
San Marino's gross savings peaked at 38.58% in 2023.
The lowest gross savings in San Marino was 31.47% in 2020.
San Marino ranks 14th globally in gross savings as of 2023.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
The gross savings of San Marino in 2023 was 38.58%. This ranks 14th in the world.
Cite this page
@misc{historysaid_san-marino_gross-savings,
title = {San Marino Gross Savings},
url = {https://historysaid.com/san-marino/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}