San Marino Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
San Marino's budget deficit stood at -1.68% in 2025, a decline of +1.15% from 2024. The IMF projects -1.68% by 2025. San Marino ranked 58th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -0.37% | - | - |
| 2029* IMF | -0.40% | - | - |
| 2028* IMF | -0.44% | - | - |
| 2027* IMF | -1.15% | - | - |
| 2026* IMF | -1.21% | - | - |
| 2025* IMF | -1.68% | - | - |
| 2025 | -1.68% | −1.15% | #58 |
| 2024 | -0.53% | +0.19% | #148 |
| 2023 | -0.72% | −1.15% | #140 |
| 2022 | 0.42% | +16.84% | #154 |
| 2021 | -16.42% | +21.17% | #2 |
| 2020 | -37.59% | −37.48% | #1 |
| 2019 | -0.11% | +1.45% | #131 |
| 2018 | -1.56% | +1.93% | #99 |
| 2017 | -3.49% | −3.30% | #58 |
| 2016 | -0.19% | +3.14% | #145 |
| 2015 | -3.32% | −4.39% | #82 |
| 2014 | 1.06% | +8.81% | #159 |
| 2013 | -7.74% | −0.66% | #12 |
| 2012 | -7.08% | −3.03% | #21 |
| 2011 | -4.05% | −1.81% | #58 |
Detected Pattern
Analysis
San Marino matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
San Marino's budget deficit was -1.68% in 2025. Ranked 58th globally. This represents a 215.8% decrease from the previous year.
San Marino's budget deficit peaked at 3.58% in 2005.
The lowest budget deficit in San Marino was -37.59% in 2020.
San Marino ranks 58th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
San Marino's budget deficit is projected to reach -1.68% by 2025 based on IMF projection.
The budget deficit of San Marino in 2025 was -1.68%. This ranks 58th in the world.
Cite this page
@misc{historysaid_san-marino_budget-deficit,
title = {San Marino Budget Deficit},
url = {https://historysaid.com/san-marino/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}