Interest payments in San Marino
San Marino: Interest payments was 5.9% in 2023. ◆ Volatile
Interest payments in San Marino, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for interest payments in San Marino is 5.9%, measured in 2023. That is the highest value across all 23 years on record.
That represents a change of up 94.8% on the previous year and up 830.1% over ten years.
Over the whole period, interest payments in San Marino peaked at 5.9% in 2023 and was at its lowest, 0.6%, in 2013.
That places San Marino 83rd out of 152 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in San Marino, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 0.7% | — |
| 2002 | 2.3% | +202.2% |
| 2003 | 1.0% | -57.1% |
| 2004 | 0.8% | -17.7% |
| 2005 | 0.6% | -19.8% |
| 2006 | 2.5% | +284.4% |
| 2007 | 2.6% | +6.5% |
| 2008 | 1.2% | -54.6% |
| 2009 | 1.2% | +1.5% |
| 2010 | 0.9% | -27.2% |
| 2011 | 0.9% | +2.2% |
| 2012 | 0.9% | +1.1% |
| 2013 | 0.6% | -30.4% |
| 2014 | 1.1% | +81.4% |
| 2015 | 1.1% | -5.1% |
| 2016 | 1.2% | +9.7% |
| 2017 | 1.2% | -3.4% |
| 2018 | 0.8% | -28.4% |
| 2019 | 0.7% | -19.5% |
| 2020 | 1.2% | +81.3% |
| 2021 | 4.2% | +247.4% |
| 2022 | 3.0% | -28.0% |
| 2023 | 5.9% | +94.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7% | 0.7% | 0.7% | 1 |
| 2000s | 1.5% | 0.6% | 2.6% | 8 |
| 2010s | 0.9% | 0.6% | 1.2% | 10 |
| 2020s | 3.6% | 1.2% | 5.9% | 4 |
Countries ranked near San Marino
More public sector data for San Marino
- Tax revenue 17.3% (2023)
- Taxes on income, profits and capital gains 21.8% (2024)
- Taxes on goods and services 18.8% (2024)
- Net investment in nonfinancial assets 1.3% (2023)
- Net lending (+) / net borrowing (-) 1.2% (2023)
- Interest payments 5.0% (2024)
- Grants and other revenue 26.0% (2024)
- Other taxes 2.3% (2024)
- Compensation of employees 23.5% (2023)
- Goods and services expense 22.9% (2023)
Frequently asked questions
- What is interest payments in San Marino?
- Interest payments in San Marino was 5.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in San Marino?
- The highest recorded value was 5.9% in 2023.
- What is the lowest interest payments recorded in San Marino?
- The lowest recorded value was 0.6% in 2013.
- How does San Marino rank for interest payments?
- San Marino ranks 83rd out of 152 countries with data for 2023.
- Is interest payments rising or falling in San Marino?
- Over the last ten years it is up 830.1%. The long-run trend across the full record is volatile.
- Where does this San Marino data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.