Wage bill as a percentage of GDP in San Marino
San Marino: Wage bill as a percentage of GDP was 11.6% in 2021. ▲ Rising
Latest (2021)
11.6%
Change on year
down 2.2%
World rank
38th
of 191 countries
All-time high
14.1%
in 2012
All-time low
10.5%
in 2008
Years of data
17
2002–2021
Wage bill as a percentage of GDP in San Marino, 2002–2021
Source: World Bank.
Analysis
The most recent figure for wage bill as a percentage of gdp in San Marino is 11.6%, measured in 2021.
The figure is down 2.2% on the previous year and down 14.8% over ten years.
Over the whole period, wage bill as a percentage of gdp in San Marino peaked at 14.1% in 2012 and was at its lowest, 10.5%, in 2008.
That places San Marino 38th out of 191 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Wage bill as a percentage of GDP in San Marino, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 12.2% | — |
| 2003 | 11.3% | -7.3% |
| 2004 | 10.9% | -4.2% |
| 2008 | 10.5% | -3.0% |
| 2009 | 12.0% | +13.7% |
| 2010 | 12.8% | +6.6% |
| 2011 | 13.6% | +6.9% |
| 2012 | 14.1% | +3.5% |
| 2013 | 13.9% | -1.9% |
| 2014 | 13.4% | -3.4% |
| 2015 | 13.2% | -1.5% |
| 2016 | 12.8% | -2.7% |
| 2017 | 12.3% | -4.0% |
| 2018 | 12.0% | -3.1% |
| 2019 | 11.8% | -1.4% |
| 2020 | 11.9% | +0.8% |
| 2021 | 11.6% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.4% | 10.5% | 12.2% | 5 |
| 2010s | 13.0% | 11.8% | 14.1% | 10 |
| 2020s | 11.8% | 11.6% | 11.9% | 2 |
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)
- Competitive elections lexical 1 (2025)
- Universal suffrage men lexical 1 (2025)
- Consumer price index 131.91 (2025)
- Civil liberties rating fh 1 (2025)
- Elections legislature lexical 1 (2025)
- Universal suffrage lexical 2 (2025)
- Universal right to vote in practice 2 (2025)
Frequently asked questions
- What is wage bill as a percentage of gdp in San Marino?
- Wage bill as a percentage of gdp in San Marino was 11.6% in 2021, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in San Marino?
- The highest recorded value was 14.1% in 2012.
- What is the lowest wage bill as a percentage of gdp recorded in San Marino?
- The lowest recorded value was 10.5% in 2008.
- How does San Marino rank for wage bill as a percentage of gdp?
- San Marino ranks 38th out of 191 countries with data for 2021.
- Is wage bill as a percentage of gdp rising or falling in San Marino?
- Over the last ten years it is down 14.8%. The long-run trend across the full record is rising.
- Where does this San Marino data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).