San Marino—Government Expense (% of GDP)
San Marino's government expense (% of GDP) was 40.5% in 2023, ranking #16 out of 138 countries. This represents a -9.3% change from 2022. Over the past 22 years, the highest recorded value was 47.4% (2020) and the lowest was 29.3% (2006). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 40.5% | -9.3% |
| 2022 | 44.6% | +1.3% |
| 2021 | 44.1% | -7.1% |
| 2020 | 47.4% | +7.4% |
| 2019 | 44.2% | -0.5% |
| 2018 | 44.4% | +2.5% |
| 2017 | 43.3% | -3.8% |
| 2016 | 45.0% | -0.6% |
| 2015 | 45.2% | -0.8% |
| 2014 | 45.6% | -0.9% |
| 2013 | 46.0% | +3.1% |
| 2012 | 44.7% | +6.8% |
| 2011 | 41.8% | +12.1% |
| 2010 | 37.3% | +3.4% |
| 2009 | 36.1% | +17.4% |
| 2008 | 30.7% | +0.9% |
| 2007 | 30.4% | +3.9% |
| 2006 | 29.3% | -2.8% |
| 2005 | 30.2% | -9.4% |
| 2004 | 33.3% | +5.6% |
| 2003 | 31.5% | -12.4% |
| 2002 | 36.0% |
Top Countries — Government Expense (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Naoero | 103.6% | 2020 |
| 2 | Kiribati | 83.7% | 2023 |
| 3 | Ukraine | 65.6% | 2023 |
| 4 | Marshall Islands | 59.4% | 2020 |
| 5 | Palau | 59.0% | 2020 |
| 6 | Timor-Leste | 52.5% | 2022 |
| 7 | Greece | 47.3% | 2023 |
| 8 | Italy | 47.3% | 2023 |
| 9 | France | 47.3% | 2023 |
| 10 | Austria | 46.0% | 2023 |
About This Indicator
Definition
Expense is a decrease in net worth resulting from a transaction. 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.
Methodology
Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)
Unit
% of GDP