Budget balance — all countries

Budget balance — San Marino

Budget balance in San Marino in 2031 — 0.6%. Ranked 21 in the world out of 188. Since 2004, the indicator has fallen by 1.8 pp.

2031 0.6% +0.1 pp vs 2030
World rank 21of 188
Period maximum 3.6%2005
Period minimum -37.6%2020

Trend over time

2004–2031 · % of GDP

Budget balance — San Marino, 2004–2031-40-2002020042007201020132016201920222025202820312004: 2.4%2005: 3.6%2006: 1.5%2007: 1.8%2008: 0.2%2009: -2.5%2010: -2.2%2011: -4%2012: -7.1%2013: -7.7%2014: 1.1%2015: -3.3%2016: -0.2%2017: -3.5%2018: -1.6%2019: -0.1%2020: -37.6%2021: -16.4%2022: 0.4%2023: -0.7%2024: 0.4%2025: -1%2026: -1.6%2027: -0.1%2028: 0.5%2029: 0.6%2030: 0.5%2031: 0.6%
Change over the period: −1.8 pp Annual average: -0.07 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: San Marino

San Marino 0.6%
World computed -4.85%
Europe & Central Asia computed -2.49%
Southern Europe computed -2.33%
High-income countries computed -4.26%
Budget balance — San Marino, by year San Marino All countries CSV XLSX
Year % Change, pp
2031 0.6 +0.1 pp
2030 0.5 −0.1 pp
2029 0.6 +0.1 pp
2028 0.5 +0.6 pp
2027 -0.1 +1.5 pp
2026 -1.6 −0.6 pp
2025 -1 −1.4 pp
2024 0.4 +1.1 pp
2023 -0.7 −1.1 pp
2022 0.4 +16.8 pp
2021 -16.4 +21.2 pp
2020 -37.6 −37.5 pp
2019 -0.1 +1.5 pp
2018 -1.6 +1.9 pp
2017 -3.5 −3.3 pp
2016 -0.2 +3.1 pp
2015 -3.3 −4.4 pp
2014 1.1 +8.8 pp
2013 -7.7 −0.6 pp
2012 -7.1 −3.1 pp
2011 -4 −1.8 pp
2010 -2.2 +0.3 pp
2009 -2.5 −2.7 pp
2008 0.2 −1.6 pp
2007 1.8 +0.3 pp
2006 1.5 −2.1 pp
2005 3.6 +1.2 pp
2004 2.4

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.