Taxes on international trade in San Marino
San Marino: Taxes on international trade was 0.3% in 2024. ◆ Volatile
Taxes on international trade in San Marino, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
San Marino recorded 0.3% for taxes on international trade in 2024. That is the lowest value across all 24 years on record.
The figure is down 25.2% on the previous year and down 41.9% over ten years.
Over the whole period, taxes on international trade in San Marino peaked at 1.9% in 2006 and was at its lowest, 0.3%, in 2024.
San Marino ranks 132nd of 154 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on international trade in San Marino, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1995 | 1.4% | — |
| 2002 | 1.0% | -28.4% |
| 2003 | 0.8% | -16.2% |
| 2004 | 1.2% | +41.0% |
| 2005 | 1.7% | +41.7% |
| 2006 | 1.9% | +10.7% |
| 2007 | 1.6% | -13.2% |
| 2008 | 1.6% | -4.6% |
| 2009 | 0.7% | -55.1% |
| 2010 | 0.7% | +3.9% |
| 2011 | 0.7% | -3.2% |
| 2012 | 0.6% | -19.6% |
| 2013 | 0.5% | -2.8% |
| 2014 | 0.5% | -6.3% |
| 2015 | 0.5% | +1.0% |
| 2016 | 0.5% | -8.5% |
| 2017 | 0.5% | -2.8% |
| 2018 | 0.4% | -18.0% |
| 2019 | 0.4% | +4.8% |
| 2020 | 0.4% | -2.5% |
| 2021 | 0.4% | -1.4% |
| 2022 | 0.4% | +13.3% |
| 2023 | 0.4% | -7.5% |
| 2024 | 0.3% | -25.2% |
San Marino compared with similar countries
- San Marino's 0.3% is below the median for high income countries, which is 0.4%, 67% of the median. (55 countries reporting)
- San Marino's 0.3% is below the median for Europe & Central Asia, which is 0.4%, 76% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.4% | 1.4% | 1.4% | 1 |
| 2000s | 1.3% | 0.7% | 1.9% | 8 |
| 2010s | 0.5% | 0.4% | 0.7% | 10 |
| 2020s | 0.4% | 0.3% | 0.4% | 5 |
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)
- Interest payments 5.9% (2023)
- Other taxes 2.3% (2024)
- Compensation of employees 23.5% (2023)
Frequently asked questions
- What is taxes on international trade in San Marino?
- Taxes on international trade in San Marino was 0.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in San Marino?
- The highest recorded value was 1.9% in 2006.
- What is the lowest taxes on international trade recorded in San Marino?
- The lowest recorded value was 0.3% in 2024.
- How does San Marino rank for taxes on international trade?
- San Marino ranks 132nd out of 154 countries with data for 2024.
- Is taxes on international trade rising or falling in San Marino?
- Over the last ten years it is down 41.9%. 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 Taxes on international trade (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.