San Marino Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
San Marino's interest rate spread was 3.54% in 2025, ranked 70th globally. This represents a 10.5% increase from 2024. Data from World Bank, covering 2001–2025.
Overview
San Marino's interest rate spread stood at 3.54% in 2025, a rise of +0.34pp from 2024. Based on recent trends, this figure is projected to reach 3.54% by 2025. San Marino ranked 70th globally.
San Marino's interest rate spread has fluctuated significantly over the 25-year period, with the all-time peak of 5.85% occurring in 2003 and the lowest point of 0.06% in 2015. Since then, the interest rate spread has generally trended upward, reaching 3.54% in 2025, a relatively stable position globally. Compared to its closest peers, San Marino's interest rate spread is higher than North Macedonia's 3.42% but lower than the Bahamas' 3.68%. The country's interest rate spread has been influenced by various economic factors, including monetary policy decisions and changes in the global financial landscape. The relatively stable interest rate spread in 2025 suggests a moderate level of economic stability in San Marino. However, a significant shift in monetary policy or changes in global economic conditions could alter this trajectory, potentially leading to a widening or narrowing of the interest rate spread in the future.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 3.77% | - | - |
| 2026* trend | 3.65% | - | - |
| 2025* trend | 3.54% | - | - |
| 2025 | 3.54% | +0.34pp | #70 |
| 2024 | 3.20% | −0.43pp | #17 |
| 2023 | 3.63% | +0.45pp | #19 |
| 2022 | 3.18% | +0.26pp | #18 |
| 2021 | 2.92% | −0.04pp | #20 |
| 2020 | 2.96% | −0.01pp | #20 |
| 2019 | 2.97% | −0.03pp | #22 |
| 2018 | 3.00% | −0.00pp | #23 |
| 2017 | 3.00% | +1.86pp | #29 |
| 2016 | 1.14% | +1.08pp | #12 |
| 2015 | 0.06% | −4.73pp | #11 |
| 2014 | 4.79% | −0.76pp | #49 |
| 2013 | 5.55% | +0.33pp | #61 |
| 2012 | 5.22% | +0.39pp | #52 |
| 2011 | 4.84% | +0.16pp | #45 |
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 interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
San Marino's interest rate spread was 3.54% in 2025. Ranked 70th globally. This represents a 10.5% increase from the previous year.
San Marino's interest rate spread peaked at 5.85% in 2003.
The lowest interest rate spread in San Marino was 0.06% in 2015.
San Marino ranks 70th globally in interest rate spread as of 2025.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
San Marino's interest rate spread is projected to reach 3.54% by 2025 based on trend extrapolation.
The interest rate spread of San Marino in 2025 was 3.54%. This ranks 70th in the world.
Cite this page
@misc{historysaid_san-marino_interest-rate-spread,
title = {San Marino Interest Rate Spread},
url = {https://historysaid.com/san-marino/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}