Expense in San Marino
San Marino: Expense was 40.5% in 2023. ▲ Rising
Expense 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 40.5% for expense in 2023.
The figure is down 9.3% on the previous year and down 12.0% over ten years.
Over the whole period, expense in San Marino peaked at 47.4% in 2020 and was at its lowest, 29.3%, in 2006.
That places San Marino 16th out of 157 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 22 years of available data.
Expense in San Marino, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 36.0% | — |
| 2003 | 31.5% | -12.4% |
| 2004 | 33.3% | +5.6% |
| 2005 | 30.2% | -9.4% |
| 2006 | 29.3% | -2.8% |
| 2007 | 30.4% | +3.9% |
| 2008 | 30.7% | +0.9% |
| 2009 | 36.1% | +17.4% |
| 2010 | 37.3% | +3.4% |
| 2011 | 41.8% | +12.1% |
| 2012 | 44.7% | +6.8% |
| 2013 | 46.0% | +3.1% |
| 2014 | 45.6% | -0.9% |
| 2015 | 45.2% | -0.8% |
| 2016 | 45.0% | -0.6% |
| 2017 | 43.3% | -3.8% |
| 2018 | 44.4% | +2.5% |
| 2019 | 44.2% | -0.5% |
| 2020 | 47.4% | +7.4% |
| 2021 | 44.1% | -7.1% |
| 2022 | 44.6% | +1.3% |
| 2023 | 40.5% | -9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.2% | 29.3% | 36.1% | 8 |
| 2010s | 43.7% | 37.3% | 46.0% | 10 |
| 2020s | 44.2% | 40.5% | 47.4% | 4 |
Countries ranked near San Marino
- 13 Hungary 42.4% compare
- 14 Luxembourg 42.2% compare
- 15 United Kingdom of Great Britain and Northern Ireland 41.2% compare
- 17 Lesotho 40.2% compare
- 18 Netherlands 40.0% compare
- 19 Slovakia 39.8% compare
More economy & growth data for San Marino
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.38 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.3 Percent per annum (2029)
- Gdp worldbank constant usd, annual growth rate 0.4015 % change on previous year (2023)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.858 (2025)
- Manufacturing value added to gdp, per capita 0.0009 units per person (2023)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2023)
- Gdp worldbank constant usd, per capita 51,324 units per person (2023)
- US dollar per domestic currency (End-of-period (EoP)) 1.18 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.17 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 0.8511 (2025)
Frequently asked questions
- What is expense in San Marino?
- Expense in San Marino was 40.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in San Marino?
- The highest recorded value was 47.4% in 2020.
- What is the lowest expense recorded in San Marino?
- The lowest recorded value was 29.3% in 2006.
- How does San Marino rank for expense?
- San Marino ranks 16th out of 157 countries with data for 2023.
- Is expense rising or falling in San Marino?
- Over the last ten years it is down 12.0%. 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 Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. 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.