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San Marino Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

San Marino's services value added was 54.81% in 2025, ranked 113th globally. This represents a 3.7% decrease from 2024. Data from World Bank, covering 2015–2025.

54.81% −2.09% (-3.7%)
Year 2025 Rank #113 Global Peak 59.91% (2017) Source World Bank

San Marino Services Value Added (2015–2025)

Overview

San Marino's services value added stood at 54.81% in 2025, a decline of +2.09% from 2023. Based on recent trends, this figure is projected to reach 54.81% by 2025. San Marino ranked 113th globally.

San Marino's Services Value Added has experienced a decline in recent years, with the latest value standing at 54.81, ranking 113 globally. This marks a significant downturn from its all-time peak of 59.91 in 2017, when the country's service sector was thriving. In comparison, Nepal's Services Value Added, a peer country, stood at 55.62 in 2025, indicating a relatively stable performance in the region. The decline in San Marino's services sector can be attributed to various factors, including economic restructuring and shifting global trade dynamics. The trough year of 2025 marks the lowest point in the past decade, with the value added declining from 59.28 in 2015. A sustained recovery in the services sector will depend on the country's ability to adapt to changing economic conditions and capitalize on emerging opportunities, such as digital trade and tourism. A significant increase in foreign investment or a boost in domestic consumption could potentially alter the trajectory of San Marino's Services Value Added.

Data & projection

Year Services Value Added YoY change Rank
2026* trend 54.29% - -
2025* trend 54.81% - -
2025 54.81% −2.09% #113
2023 56.90% +1.81% #95
2022 55.08% −1.42% #94
2021 56.51% −1.41% #105
2020 57.91% −0.17% #104
2019 58.09% +1.75% #109
2018 56.34% −3.57% #102
2017 59.91% +0.46% #124
2016 59.45% +0.17% #114
2015 59.28% – #118
* 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 services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is San Marino's services value added?▾

San Marino's services value added was 54.81% in 2025. Ranked 113th globally. This represents a 3.7% decrease from the previous year.

What was the highest services value added in San Marino?▾

San Marino's services value added peaked at 59.91% in 2017.

What was the lowest services value added in San Marino?▾

The lowest services value added in San Marino was 54.81% in 2025.

How does San Marino rank in services value added?▾

San Marino ranks 113th globally in services value added as of 2025.

What is the World Bank indicator code for services value added?▾

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of San Marino in 2025?▾

San Marino's services value added is projected to reach 54.81% by 2025 based on trend extrapolation.

What is the services value added of San Marino in 2025?▾

The services value added of San Marino in 2025 was 54.81%. This ranks 113th in the world.

Cite this page

APA
San Marino Services Value Added. HistorySaid. Retrieved November 8, 2026, from https://historysaid.com/san-marino/services-value-added/
BibTeX
@misc{historysaid_san-marino_services-value-added, title = {San Marino Services Value Added}, url = {https://historysaid.com/san-marino/services-value-added/}, publisher = {HistorySaid}, year = {2026} }
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