
San Marino: Government spending, percent of GDP
* indicates monthly or quarterly data series
San Marino |
Government spending as percent of GDP |
---|---|
Latest value | 18.47 |
Year | 2021 |
Measure | percent |
Data availability | 2015 - 2021 |
Average | 19.80 |
Min - Max | 18.47 - 21.62 |
Source | The World Bank |
The latest value from 2021 is 18.47 percent, a decline from 21.62 percent in 2020. In comparison, the world average is 16.95 percent, based on data from 163 countries. Historically, the average for San Marino from 2015 to 2021 is 19.8 percent. The minimum value, 18.47 percent, was reached in 2021 while the maximum of 21.62 percent was recorded in 2020.
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* indicates monthly or quarterly data series
Recent data
The government size of San Marino and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 18.47 | 2021 | percent |
Government spending, in dollars | 0.31 | 2022 | billion U.S. dollars |
Fiscal balance, percent of GDP | -1.56 | 2018 | percent |
Government debt | 74.51 | 2022 | percent |
Tax revenue | 17.30 | 2021 | percent |
Commercial tax rate | 36.20 | 2019 | percent |
Tax preparation time | 52 | 2019 | hours |
Number of taxes | 18 | 2019 | taxes |
Taxes on goods and services | 25.05 | 2022 | percent |
Taxes on international trade | 0.58 | 2022 | percent |
Income and profits taxes | 24.41 | 2022 | percent |