Home San Marino Trade Trade Openness

San Marino Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

386.40% +45.42% (+13.3%)
Year 2025 Rank #1 Global Peak 386.40% (2025) Source World Bank

San Marino Trade Openness (2015–2025)

Overview

San Marino's trade openness stood at 386.40% in 2025, a rise of +45.42% from 2023. Based on recent trends, this figure is projected to reach 386.40% by 2025. San Marino ranked 1st globally.

Data & projection

Year Trade Openness YoY change Rank
2026* trend 399.70% - -
2025* trend 386.40% - -
2025 386.40% +45.42% #1
2023 340.98% −29.45% #170
2022 370.44% +27.97% #179
2021 342.47% +37.57% #179
2020 304.90% −2.36% #179
2019 307.26% −2.22% #177
2018 309.49% −4.36% #180
2017 313.85% −6.30% #180
2016 320.15% −1.22% #180
2015 321.36% #180
* 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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is San Marino's trade openness?

San Marino's trade openness was 386.40% in 2025. Ranked 1st globally. This represents a 13.3% increase from the previous year.

What was the highest trade openness in San Marino?

San Marino's trade openness peaked at 386.40% in 2025.

What was the lowest trade openness in San Marino?

The lowest trade openness in San Marino was 304.90% in 2020.

How does San Marino rank in trade openness?

San Marino ranks 1st globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of San Marino in 2025?

San Marino's trade openness is projected to reach 386.40% by 2025 based on trend extrapolation.

What is the trade openness of San Marino in 2025?

The trade openness of San Marino in 2025 was 386.40%. This ranks 1st in the world.

Cite this page

APA
San Marino Trade Openness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/san-marino/trade-openness
BibTeX
@misc{historysaid_san-marino_trade-openness, title = {San Marino Trade Openness}, url = {https://historysaid.com/san-marino/trade-openness}, publisher = {HistorySaid}, year = {2026} }