San Marino Trade Openness
Trade as % of GDP NE.TRD.GNFS.ZS
San Marino's trade openness was 386.40% in 2025, ranked 1st globally. This represents a 13.3% increase from 2024. Data from World Bank, covering 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.
San Marino has consistently ranked as one of the most trade-open economies globally, according to World Bank data. In 2025, the country's trade openness index peaked at 386.40, surpassing even its closest peers, such as Luxembourg at 374.75. This remarkable openness has been a defining feature of San Marino's economy for the past decade, with the index increasing from 321.36 in 2015 to its current peak. Conversely, the index hit a trough of 304.90 in 2020, likely due to the economic disruptions caused by the COVID-19 pandemic. Notably, San Marino's trade openness surpasses that of Singapore, another major economy known for its openness, which stood at 321.48 in 2025. With its strong trade ties and favorable business environment, San Marino is poised to maintain its position as one of the world's most open economies. However, a significant shift in global trade policies or a decline in regional economic growth could alter the trajectory of San Marino's trade openness trajectory.
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 |
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 trade openness improve within 24 months. View full analysis →
Frequently Asked Questions
San Marino's trade openness was 386.40% in 2025. Ranked 1st globally. This represents a 13.3% increase from the previous year.
San Marino's trade openness peaked at 386.40% in 2025.
The lowest trade openness in San Marino was 304.90% in 2020.
San Marino ranks 1st globally in trade openness as of 2025.
The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.
San Marino's trade openness is projected to reach 386.40% by 2025 based on trend extrapolation.
The trade openness of San Marino in 2025 was 386.40%. This ranks 1st in the world.
Cite this page
@misc{historysaid_san-marino_trade-openness,
title = {San Marino Trade Openness},
url = {https://historysaid.com/san-marino/trade-openness/},
publisher = {HistorySaid},
year = {2026}
}