Home → San Marino → Government → Government Spending

San Marino Government Spending

Government expenditure as % of GDP  GC.XPN.TOTL.GD.ZS

San Marino's government spending was 40.11% in 2025, ranked 21st globally. This represents a 0.9% decrease from 2024. Data from World Bank, covering 2002–2025.

40.11% −0.38% (-0.9%)
Year 2025 Rank #21 Global Peak 47.44% (2020) Source World Bank

San Marino Government Spending (2002–2025)

Overview

San Marino's government spending stood at 40.11% in 2025, a decline of +0.38% from 2023. Based on recent trends, this figure is projected to reach 40.11% by 2025. San Marino ranked 21st globally.

San Marino's government spending as a percentage of its GDP has exhibited significant fluctuations over the past two and a half decades. At its highest point in 2020, government spending reached 47.44% of GDP, nearly 18% above the country's 2002 starting point of 35.96%. Conversely, the lowest point occurred in 2006 with a spending ratio of 29.30%. In recent years, San Marino's government spending has stabilized, standing at 40.11% of GDP in 2025, placing it 21st globally. This figure is comparable to that of Lesotho, which ranked just one position higher. San Marino's government spending trajectory has been characterized by a consistent increase since 2006, with a notable spike in 2020. However, a decline in global economic activity, such as a recession, could potentially reverse this trend and lead to a decrease in government spending as a percentage of GDP.

Data & projection

Year Government Spending YoY change Rank
2026* trend 39.10% - -
2025* trend 40.11% - -
2025 40.11% −0.38% #21
2023 40.49% −4.15% #76
2022 44.64% +0.57% #103
2021 44.07% −3.37% #119
2020 47.44% +3.29% #125
2019 44.15% −0.21% #132
2018 44.37% +1.07% #133
2017 43.30% −1.69% #138
2016 44.99% −0.25% #138
2015 45.24% −0.39% #138
2014 45.62% −0.41% #132
2013 46.03% +1.38% #123
2012 44.65% +2.86% #124
2011 41.79% +4.50% #112
2010 37.29% +1.22% #97
Show all years (2002-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +22.1% GDP growth 13.9% C/A balance 5.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

San Marino matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw government spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is San Marino's government spending?▾

San Marino's government spending was 40.11% in 2025. Ranked 21st globally. This represents a 0.9% decrease from the previous year.

What was the highest government spending in San Marino?▾

San Marino's government spending peaked at 47.44% in 2020.

What was the lowest government spending in San Marino?▾

The lowest government spending in San Marino was 29.30% in 2006.

How does San Marino rank in government spending?▾

San Marino ranks 21st globally in government spending as of 2025.

What is the World Bank indicator code for government spending?▾

The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected government spending of San Marino in 2025?▾

San Marino's government spending is projected to reach 40.11% by 2025 based on trend extrapolation.

What is the government spending of San Marino in 2025?▾

The government spending of San Marino in 2025 was 40.11%. This ranks 21st in the world.

Cite this page

APA
San Marino Government Spending. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/san-marino/government-spending/
BibTeX
@misc{historysaid_san-marino_government-spending, title = {San Marino Government Spending}, url = {https://historysaid.com/san-marino/government-spending/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub