Taxes less subsidies on products in San Marino

San Marino: Taxes less subsidies on products was 103.74 million constant LCU in 2023. ▬ Flat

Latest (2023)
103.74 million constant LCU
Change on year
up 0.6%
World rank
177th
of 189 countries
All-time high
103.74 million constant LCU
in 2023
All-time low
74.12 million constant LCU
in 2020
Years of data
9
2015–2023

Taxes less subsidies on products in San Marino, 2015–2023

025.0M50.0M75.0M100.0M2015201920232015: 100.4M constant LCU2016: 96.3M constant LCU2017: 90.4M constant LCU2018: 89.5M constant LCU2019: 87.5M constant LCU2020: 74.1M constant LCU2021: 89.4M constant LCU2022: 103.1M constant LCU2023: 103.7M constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2023, taxes less subsidies on products in San Marino stood at 103.74 million constant LCU. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 0.6% on the previous year and up 3.3% over ten years.

Over the whole period, taxes less subsidies on products in San Marino peaked at 103.74 million constant LCU in 2023 and was at its lowest, 74.12 million constant LCU, in 2020.

That places San Marino 177th out of 189 countries with data for 2023, putting it in the bottom quarter.

Taxes less subsidies on products in San Marino, year by year

Annual values for Taxes less subsidies on products (constant LCU) in San Marino, 2015 to 2023.
Year constant LCU Change
2015 100.41 million constant LCU
2016 96.27 million constant LCU -4.1%
2017 90.41 million constant LCU -6.1%
2018 89.53 million constant LCU -1.0%
2019 87.52 million constant LCU -2.2%
2020 74.12 million constant LCU -15.3%
2021 89.42 million constant LCU +20.6%
2022 103.15 million constant LCU +15.3%
2023 103.74 million constant LCU +0.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 92.83 million constant LCU 87.52 million constant LCU 100.41 million constant LCU 5
2020s 92.61 million constant LCU 74.12 million constant LCU 103.74 million constant LCU 4

Countries ranked near San Marino

  1. 174 Greenland 169.50 million constant LCU compare
  2. 175 Sint Maarten (Dutch part) 151.75 million constant LCU compare
  3. 176 Tonga 149.63 million constant LCU compare
  4. 178 Eritrea 99.72 million constant LCU
  5. 179 Palau 28.15 million constant LCU compare
  6. 180 Micronesia, Federated States of 22.51 million constant LCU compare

See the full ranking of 190 places →

More economy & growth data for San Marino

All data for San Marino →

Frequently asked questions

What is taxes less subsidies on products in San Marino?
Taxes less subsidies on products in San Marino was 103.74 million constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest taxes less subsidies on products recorded in San Marino?
The highest recorded value was 103.74 million constant LCU in 2023.
What is the lowest taxes less subsidies on products recorded in San Marino?
The lowest recorded value was 74.12 million constant LCU in 2020.
How does San Marino rank for taxes less subsidies on products?
San Marino ranks 177th out of 189 countries with data for 2023.
Is taxes less subsidies on products rising or falling in San Marino?
Over the last ten years it is up 3.3%. The long-run trend across the full record is flat.
Where does this San Marino data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.

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Taxes less subsidies on products in San Marino. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-constant-lcu/san-marino/

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About this data

Indicator
Taxes less subsidies on products (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 7,356 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.