Share of government spending going to interest payments in San Marino
San Marino: Share of government spending going to interest payments was 5.9% in 2023. ◆ Volatile
Share of government spending going to interest payments in San Marino, 1995–2023
Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of expense.
Analysis
The most recent figure for share of government spending going to interest payments in San Marino is 5.9%, measured in 2023. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 94.8% on the previous year and up 830.1% over ten years.
Over the whole period, share of government spending going to interest payments in San Marino peaked at 5.9% in 2023 and was at its lowest, 0.6%, in 2013.
San Marino ranks 83rd of 152 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of government spending going to interest payments in San Marino, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 0.7% | — |
| 2002 | 2.3% | +202.2% |
| 2003 | 1.0% | -57.1% |
| 2004 | 0.8% | -17.7% |
| 2005 | 0.6% | -19.8% |
| 2006 | 2.5% | +284.4% |
| 2007 | 2.6% | +6.5% |
| 2008 | 1.2% | -54.6% |
| 2009 | 1.2% | +1.5% |
| 2010 | 0.9% | -27.2% |
| 2011 | 0.9% | +2.2% |
| 2012 | 0.9% | +1.1% |
| 2013 | 0.6% | -30.4% |
| 2014 | 1.1% | +81.4% |
| 2015 | 1.1% | -5.1% |
| 2016 | 1.2% | +9.7% |
| 2017 | 1.2% | -3.4% |
| 2018 | 0.8% | -28.4% |
| 2019 | 0.7% | -19.5% |
| 2020 | 1.2% | +81.3% |
| 2021 | 4.2% | +247.4% |
| 2022 | 3.0% | -28.0% |
| 2023 | 5.9% | +94.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7% | 0.7% | 0.7% | 1 |
| 2000s | 1.5% | 0.6% | 2.6% | 8 |
| 2010s | 0.9% | 0.6% | 1.2% | 10 |
| 2020s | 3.6% | 1.2% | 5.9% | 4 |
Countries ranked near San Marino
More reference data data for San Marino
- Exchange rate, new LCU per USD extended backward, period average 0.8488 (2026)
- Exchange rate, old LCU per USD extended forward, period average 0.8488 (2026)
- Official exchange rate, LCU per USD, period average 0.8488 (2026)
- Universal right to vote 2 (2025)
- Free country 2 (2025)
- Civil liberties rating 1 (2025)
- Universal right to vote in practice 2 (2025)
- Men's universal right to vote 1 (2025)
- Elected parliament 1 (2025)
- Democracy 7 (2025)
Frequently asked questions
- What is share of government spending going to interest payments in San Marino?
- Share of government spending going to interest payments in San Marino was 5.9% in 2023, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest share of government spending going to interest payments recorded in San Marino?
- The highest recorded value was 5.9% in 2023.
- What is the lowest share of government spending going to interest payments recorded in San Marino?
- The lowest recorded value was 0.6% in 2013.
- How does San Marino rank for share of government spending going to interest payments?
- San Marino ranks 83rd out of 152 countries with data for 2023.
- Is share of government spending going to interest payments rising or falling in San Marino?
- Over the last ten years it is up 830.1%. The long-run trend across the full record is volatile.
- Where does this San Marino data come from?
- The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Share of government spending going to interest payments. Statizoid updates them automatically from the source API.
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About this data
Interest expenditures on government debt, as share of total central government expenditures. Interest expenditures on government debt include payments on long-term bonds, long-term loans, and other debt instruments.