Net lending (+) / net borrowing (-) in San Marino
San Marino: Net lending (+) / net borrowing (-) was 1.2% in 2023. ◆ Volatile
Net lending (+) / net borrowing (-) in San Marino, 2002–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in San Marino is 1.2%, measured in 2023.
The figure is up 1,147.6% on the previous year and up 146.9% over five years.
Over the whole period, net lending (+) / net borrowing (-) in San Marino peaked at 4.9% in 2006 and was at its lowest, -5.0%, in 2020.
San Marino ranks 27th of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in San Marino, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 1.0% | — |
| 2003 | 2.3% | +126.8% |
| 2004 | 1.9% | -16.7% |
| 2005 | 4.1% | +121.0% |
| 2006 | 4.9% | +17.8% |
| 2007 | 3.5% | -29.3% |
| 2019 | -2.5% | -173.5% |
| 2020 | -5.0% | +97.9% |
| 2021 | -3.1% | -38.3% |
| 2022 | -0.1% | -96.3% |
| 2023 | 1.2% | -1147.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.9% | 1.0% | 4.9% | 6 |
| 2010s | -2.5% | -2.5% | -2.5% | 1 |
| 2020s | -1.8% | -5.0% | 1.2% | 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)
- Interest payments 5.0% (2024)
- Grants and other revenue 26.0% (2024)
- Interest payments 5.9% (2023)
- Other taxes 2.3% (2024)
- Compensation of employees 23.5% (2023)
- Goods and services expense 22.9% (2023)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in San Marino?
- Net lending (+) / net borrowing (-) in San Marino was 1.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in San Marino?
- The highest recorded value was 4.9% in 2006.
- What is the lowest net lending (+) / net borrowing (-) recorded in San Marino?
- The lowest recorded value was -5.0% in 2020.
- How does San Marino rank for net lending (+) / net borrowing (-)?
- San Marino ranks 27th out of 156 countries with data for 2023.
- 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 lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.