Taxes on income, profits and capital gains in San Marino
San Marino: Taxes on income, profits and capital gains was 50.4% in 2024. ▲ Rising
Taxes on income, profits and capital gains in San Marino, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
The most recent figure for taxes on income, profits and capital gains in San Marino is 50.4%, measured in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 8.0% on the previous year and up 23.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in San Marino peaked at 50.4% in 2024 and was at its lowest, 35.9%, in 2012.
That places San Marino 32nd out of 153 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Taxes on income, profits and capital gains in San Marino, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1995 | 42.7% | — |
| 2002 | 46.5% | +9.0% |
| 2003 | 45.1% | -3.1% |
| 2004 | 43.7% | -3.1% |
| 2005 | 41.8% | -4.2% |
| 2006 | 38.3% | -8.5% |
| 2007 | 37.5% | -2.1% |
| 2008 | 37.8% | +0.9% |
| 2009 | 39.1% | +3.4% |
| 2010 | 37.4% | -4.2% |
| 2011 | 41.9% | +11.9% |
| 2012 | 35.9% | -14.4% |
| 2013 | 37.9% | +5.6% |
| 2014 | 40.9% | +7.9% |
| 2015 | 40.3% | -1.5% |
| 2016 | 39.1% | -2.8% |
| 2017 | 41.2% | +5.4% |
| 2018 | 39.4% | -4.6% |
| 2019 | 44.7% | +13.6% |
| 2020 | 46.5% | +4.0% |
| 2021 | 45.3% | -2.7% |
| 2022 | 45.5% | +0.5% |
| 2023 | 46.7% | +2.6% |
| 2024 | 50.4% | +8.0% |
San Marino compared with similar countries
- San Marino's 50.4% is above the median for high income countries, which is 43.9%, 1.1× the median. (55 countries reporting)
- San Marino's 50.4% is above the median for Europe & Central Asia, which is 39.4%, 1.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.7% | 42.7% | 42.7% | 1 |
| 2000s | 41.2% | 37.5% | 46.5% | 8 |
| 2010s | 39.9% | 35.9% | 44.7% | 10 |
| 2020s | 46.9% | 45.3% | 50.4% | 5 |
Countries ranked near San Marino
More public sector data for San Marino
- Democracy, 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)
- Elected parliament, 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)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in San Marino?
- Taxes on income, profits and capital gains in San Marino was 50.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in San Marino?
- The highest recorded value was 50.4% in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in San Marino?
- The lowest recorded value was 35.9% in 2012.
- How does San Marino rank for taxes on income, profits and capital gains?
- San Marino ranks 32nd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in San Marino?
- Over the last ten years it is up 23.3%. The long-run trend across the full record is rising.
- 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 Taxes on income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.