Tax revenue in San Marino
San Marino: Tax revenue was 17.3% in 2023. ▬ Flat
Tax revenue in San Marino, 2002–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
San Marino recorded 17.3% for tax revenue in 2023.
That represents a change of down 3.0% on the previous year and up 1.2% over ten years.
Over the whole period, tax revenue in San Marino peaked at 18.3% in 2014 and was at its lowest, 15.6%, in 2010.
That places San Marino 76th out of 157 countries with data for 2023, putting it in the middle of the range.
Tax revenue in San Marino, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 18.1% | — |
| 2003 | 16.9% | -6.6% |
| 2004 | 15.9% | -5.8% |
| 2005 | 16.9% | +6.3% |
| 2006 | 17.2% | +1.7% |
| 2007 | 17.6% | +2.4% |
| 2008 | 17.7% | +0.2% |
| 2009 | 16.9% | -4.1% |
| 2010 | 15.6% | -8.0% |
| 2011 | 16.2% | +3.6% |
| 2012 | 18.0% | +11.5% |
| 2013 | 17.1% | -5.3% |
| 2014 | 18.3% | +7.5% |
| 2015 | 17.9% | -2.5% |
| 2016 | 16.7% | -6.7% |
| 2017 | 16.5% | -1.3% |
| 2018 | 18.0% | +9.0% |
| 2019 | 16.9% | -5.8% |
| 2020 | 16.1% | -4.6% |
| 2021 | 17.3% | +7.2% |
| 2022 | 17.8% | +3.0% |
| 2023 | 17.3% | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.2% | 15.9% | 18.1% | 8 |
| 2010s | 17.1% | 15.6% | 18.3% | 10 |
| 2020s | 17.1% | 16.1% | 17.8% | 4 |
Countries ranked near San Marino
- 73 Kiribati 17.5% compare
- 74 Azerbaijan 17.3% compare
- 75 Bahamas 17.3% compare
- 77 Marshall Islands 17.2% compare
- 78 Bolivia, Plurinational State of 17.0% compare
- 79 Mongolia 16.9% compare
More public sector data for San Marino
- 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)
- 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 tax revenue in San Marino?
- Tax revenue in San Marino was 17.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in San Marino?
- The highest recorded value was 18.3% in 2014.
- What is the lowest tax revenue recorded in San Marino?
- The lowest recorded value was 15.6% in 2010.
- How does San Marino rank for tax revenue?
- San Marino ranks 76th out of 157 countries with data for 2023.
- Is tax revenue rising or falling in San Marino?
- Over the last ten years it is up 1.2%. The long-run trend across the full record is flat.
- 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 Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.