San Marino: Tax revenue

The latest value from 2023 is 17.27 percent, a decline from 17.81 percent in 2022. In comparison, the world average is 17.51 percent, based on data from 110 countries. Historically, the average for San Marino from 2002 to 2023 is 17.14 percent. The minimum value, 15.59 percent, was reached in 2010 while the maximum of 18.35 percent was recorded in 2014. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Taxes are compulsory, unrequited payments, in cash or in kind, made by institutionalunits to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.