San Marino: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 San Marino

Fiscal balance, percent of GDP

 Latest value -1.56
 Year 2018
 Measure percent
 Data availability 2004 - 2018
 Average -1.47
 Min - Max -7.74 - 3.27
 Source International Monetary Fund (IMF)
For that indicator, we provide data for San Marino from 2004 to 2018. The average value for San Marino during that period was -1.47 percent with a minimum of -7.74 percent in 2013 and a maximum of 3.27 percent in 2005. The latest value from 2018 is -1.56 percent. For comparison, the world average in 2018 based on 192 countries is -1.23 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
San Marino - Fiscal balance, percent of GDP - Recent values chart

Historical chart
San Marino - Fiscal balance, percent of GDP - historical chart - 2004-2018




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 18.47 2021 percent
 Government spending, in dollars 0.34 2021 billion U.S. dollars
 Fiscal balance, percent of GDP -1.56 2018 percent
 Government debt 76.55 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 20.10 2021 percent
 Taxes on international trade 0.38 2021 percent
 Income and profits taxes 19.27 2021 percent
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