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San Marino Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

San Marino's tax revenue was 18.04% in 2025, ranked 56th globally. This represents a 4.5% increase from 2024. Data from World Bank, covering 2002–2025.

18.04% +0.77% (+4.5%)
Year 2025 Rank #56 Global Peak 18.35% (2014) Source World Bank

San Marino Tax Revenue (2002–2025)

Overview

San Marino's tax revenue stood at 18.04% in 2025, a rise of +0.77% from 2023. Based on recent trends, this figure is projected to reach 18.04% by 2025. San Marino ranked 56th globally.

San Marino's tax revenue has exhibited a relatively stable trajectory, with fluctuations within a narrow band. Despite a slight decline from its all-time peak of 18.35% in 2014, the country's tax revenue has hovered around 18% over the years, with a recent dip to 18.04% in 2025. This figure is comparable to that of Albania, which ranks slightly higher at 18.12%. The trough of 15.59% in 2010 marked a significant low point in San Marino's tax revenue, but the country has since recovered, with a steady increase over the years. The stable tax revenue in San Marino is likely due to the country's small size and highly developed economy, which has allowed for a robust tax base. However, a significant shift in the global economic landscape or a change in San Marino's economic policies could potentially disrupt this trend and alter the trajectory of the country's tax revenue.

Data & projection

Year Tax Revenue YoY change Rank
2026* trend 18.28% - -
2025* trend 18.04% - -
2025 18.04% +0.77% #56
2023 17.27% −0.54% #45
2022 17.81% +0.52% #62
2021 17.30% +1.16% #70
2020 16.14% −0.78% #72
2019 16.91% −1.04% #72
2018 17.96% +1.49% #80
2017 16.47% −0.22% #72
2016 16.69% −1.20% #76
2015 17.89% −0.46% #88
2014 18.35% +1.28% #92
2013 17.07% −0.95% #77
2012 18.02% +1.86% #85
2011 16.15% +0.56% #63
2010 15.59% −1.35% #62
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 tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is San Marino's tax revenue?▾

San Marino's tax revenue was 18.04% in 2025. Ranked 56th globally. This represents a 4.5% increase from the previous year.

What was the highest tax revenue in San Marino?▾

San Marino's tax revenue peaked at 18.35% in 2014.

What was the lowest tax revenue in San Marino?▾

The lowest tax revenue in San Marino was 15.59% in 2010.

How does San Marino rank in tax revenue?▾

San Marino ranks 56th globally in tax revenue as of 2025.

What is the World Bank indicator code for tax revenue?▾

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

What is the projected tax revenue of San Marino in 2025?▾

San Marino's tax revenue is projected to reach 18.04% by 2025 based on trend extrapolation.

What is the tax revenue of San Marino in 2025?▾

The tax revenue of San Marino in 2025 was 18.04%. This ranks 56th in the world.

Cite this page

APA
San Marino Tax Revenue. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/san-marino/tax-revenue/
BibTeX
@misc{historysaid_san-marino_tax-revenue, title = {San Marino Tax Revenue}, url = {https://historysaid.com/san-marino/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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