San Marino's public expenditure as a share of GDP reflects the State's role in the economy. The trend over recent years shows a progressive fiscal consolidation, with spending maintained between 25% and 35% of GDP.
| Year | Value (% PIL) | YoY change | vs 2010 |
|---|---|---|---|
| 2023 | 29.6 | -1.7% | +4.2% |
| 2022 | 30.1 | -7.1% | +6.0% |
| 2021 | 32.4 | -9.0% | +14.1% |
| 2020 | 35.6 | +15.6% | +25.4% |
| 2019 | 30.8 | -1.9% | +8.5% |
| 2018 | 31.4 | -1.6% | +10.6% |
| 2017 | 31.9 | -2.4% | +12.3% |
| 2016 | 32.7 | -1.2% | +15.1% |
| 2015 | 33.1 | -0.9% | +16.5% |
| 2014 | 33.4 | +1.8% | +17.6% |
| 2013 | 32.8 | +5.1% | +15.5% |
| 2012 | 31.2 | +7.2% | +9.9% |
| 2011 | 29.1 | +2.5% | +2.5% |
| 2010 | 28.4 | — | base |
Total central government expenditure as a percentage of GDP, including current and capital expenditure, excluding debt repayment. The 2020 peak (35.6%) reflects extraordinary COVID-19 spending.
OESM — Economic Observatory of San Marino. (2026). Government expenditure (% of GDP) — San Marino, 2010–2023 [Dataset]. Retrieved 12 March 2026 from https://oesm.net/en/data/san-marino-government-expenditure
OESM — Economic Observatory of San Marino. "Government expenditure (% of GDP) — San Marino." Dataset. Accessed 12 March 2026. https://oesm.net/en/data/san-marino-government-expenditure.
@dataset{oesm2026_govt_expenditure_en,
author = {OESM -- Economic Observatory of San Marino},
title = {Government expenditure (% of GDP) -- San Marino, 2010--2023},
year = {2026},
url = {https://oesm.net/en/data/san-marino-government-expenditure},
note = {Accessed: 12 March 2026},
license = {CC BY 4.0},
}