Net incurrence of liabilities, total (% of GDP) in San Marino
San Marino: Net incurrence of liabilities, total (% of GDP) was 4.3% in 2007. ◆ Volatile
Net incurrence of liabilities, total in San Marino, 2002–2007
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
San Marino recorded 4.3% for net incurrence of liabilities, total in 2007.
Compared with earlier readings it is down 60.1% on the previous year and up 373.5% over ten years.
San Marino ranks 49th of 136 countries on this measure, in the middle of the range.
Net incurrence of liabilities, total (% of GDP) in San Marino, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | -1.6% | — |
| 2003 | 3.6% | -329.2% |
| 2004 | 7.0% | +93.7% |
| 2005 | 10.2% | +44.1% |
| 2006 | 10.9% | +7.2% |
| 2007 | 4.3% | -60.1% |
San Marino compared with similar countries
- San Marino's 4.3% is above the median for high income countries, which is 3.5%, 1.3× the median. (41 countries reporting)
- San Marino's 4.3% is above the median for Europe & Central Asia, which is 3.4%, 1.3× the median. (34 countries reporting)
Countries ranked near San Marino
- 46 Philippines 4.8% compare
- 47 Trinidad and Tobago 4.7%
- 48 Mali 4.4% compare
- 50 Hungary 4.3% compare
- 51 Bangladesh 4.3% compare
- 52 France 4.2%
More public sector data for San Marino
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is net incurrence of liabilities, total in San Marino?
- Net incurrence of liabilities, total in San Marino was 4.3% in 2007, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in San Marino?
- The highest recorded value was 10.9% in 2006.
- What is the lowest net incurrence of liabilities, total recorded in San Marino?
- The lowest recorded value was -1.6% in 2002.
- How does San Marino rank for net incurrence of liabilities, total?
- San Marino ranks 49th out of 136 countries with data for 2007.
- Is net incurrence of liabilities, total rising or falling in San Marino?
- Over the last ten years it is up 373.5%. 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 Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.