San Marino Government Revenue
General government revenue as % of GDP GGR_NGDP
San Marino's government revenue was 20.24% in 2025, ranked 132nd globally. This represents a 1.1% decrease from 2024. Data from IMF WEO, covering 2004–2025.
Overview
San Marino's government revenue stood at 20.24% in 2025, a decline of +0.23% from 2024. The IMF projects 20.24% by 2025. San Marino ranked 132nd globally.
San Marino's government revenue has exhibited a relatively stable trend over the past two decades, with the latest available figure standing at 20.24% of the country's GDP as of 2025, according to the IMF World Economic Outlook. The country's revenue peaked in 2014, reaching 24.80% of GDP, a level still higher than that of peer countries such as Brunei Darussalam, which ranked 20.29% in 2025. Conversely, San Marino's current revenue level is at its lowest point in 2025, a trend that mirrors the global financial instability experienced during this period. The country's government revenue has been steadily increasing since 2004, when it stood at 21.42% of GDP. This consistent growth suggests a strong fiscal foundation for San Marino's government. However, potential changes in global economic conditions or shifts in domestic policy could alter this trajectory, and a significant increase in public spending or a decline in tax revenues could impact the country's government revenue in the years to come.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 20.24% | - | - |
| 2029* IMF | 20.24% | - | - |
| 2028* IMF | 20.24% | - | - |
| 2027* IMF | 20.24% | - | - |
| 2026* IMF | 20.24% | - | - |
| 2025* IMF | 20.24% | - | - |
| 2025 | 20.24% | −0.23% | #132 |
| 2024 | 20.48% | −0.48% | #133 |
| 2023 | 20.95% | −1.13% | #130 |
| 2022 | 22.09% | +1.42% | #125 |
| 2021 | 20.67% | −0.92% | #132 |
| 2020 | 21.59% | −0.76% | #124 |
| 2019 | 22.34% | −0.61% | #127 |
| 2018 | 22.95% | +0.87% | #120 |
| 2017 | 22.08% | −1.17% | #119 |
| 2016 | 23.25% | +0.28% | #114 |
| 2015 | 22.97% | −1.83% | #117 |
| 2014 | 24.80% | +2.38% | #106 |
| 2013 | 22.42% | −1.08% | #126 |
| 2012 | 23.50% | +2.17% | #118 |
| 2011 | 21.33% | −0.80% | #134 |
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 government revenue improve within 24 months. View full analysis →
Frequently Asked Questions
San Marino's government revenue was 20.24% in 2025. Ranked 132nd globally. This represents a 1.1% decrease from the previous year.
San Marino's government revenue peaked at 24.80% in 2014.
The lowest government revenue in San Marino was 20.24% in 2025.
San Marino ranks 132nd globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
San Marino's government revenue is projected to reach 20.24% by 2025 based on IMF projection.
The government revenue of San Marino in 2025 was 20.24%. This ranks 132nd in the world.
Cite this page
@misc{historysaid_san-marino_government-revenue,
title = {San Marino Government Revenue},
url = {https://historysaid.com/san-marino/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}