San Marino's social contributions (% of revenue) was 30.75% in 2024, the latest year in the World Bank's World Development Indicators. That is up 0.27 percentage points from 30.48% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 30.75% | 2024 |
| Five years earlier | 31.69% | 2019 |
| Ten years earlier | 30.48% | 2014 |
| Highest | 32.48% | 2017 |
| Lowest | 19.37% | 1995 |
| Average since 2015 | 30.54% | 2015–2024 |
| First recorded | 19.37% | 1995 |
What the numbers say
In 2024, San Marino's social contributions (% of revenue) rose 2.19 percentage points on 2023 (from 28.56% to 30.75%).
Across the 21 yearly changes before that (2003 to 2023), the average change was +0.34 percentage points and a typical year strayed about 1.59 percentage points from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 2.72 percentage points in 2007 and the biggest yearly fall was 2.47 percentage points in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 0.37 percentage points a year. A straight line explains 38% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, San Marino had the 26th highest value of the 68 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| San Marino | 30.75% | 2024 |
| Europe & Central Asia | 31.23% | 2024 |
| High income | 30.91% | 2024 |
Closest to San Marino in the 2024 ranking
What this measures
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
Regional and income-group figures are computed by the World Bank as a median.
All 24 values
| Year | Social contributions (% of revenue) |
|---|---|
| 2024 | 30.75 |
| 2023 | 28.56 |
| 2022 | 26.71 |
| 2021 | 29.17 |
| 2020 | 31.46 |
| 2019 | 31.69 |
| 2018 | 32.1 |
| 2017 | 32.48 |
| 2016 | 31.23 |
| 2015 | 31.21 |
| 2014 |
Social contributions (% of revenue) in nearby economies
More public sector data for San Marino
- Central government debt, total (current LCU) — 1.77 billion (2024)
- Grants and other revenue (current LCU) — 203.86 million (2024)
- Grants and other revenue (% of revenue) — 26.04% (2024)
- Social contributions (current LCU) — 240.73 million (2024)
- Revenue, excluding grants (current LCU) — 778.32 million (2024)
- Taxes on goods and services (current LCU) — 147.33 million (2024)
- Taxes on goods and services (% of revenue) — 18.82% (2024)
- Customs and other import duties (current LCU) — 2.33 million (2024)
- Customs and other import duties (% of tax revenue) — 0.69% (2024)
Reading data like this
Questions people ask
- What is San Marino's social contributions (% of revenue)?
- 30.75% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 11.37 percentage points from 19.37% in 1995. The highest value was 32.48% in 2017 and the lowest 19.37% in 1995.
- How does San Marino rank?
- 26th highest of 68 economies with data for 2024.
- Is the latest change in social contributions (% of revenue) unusual for San Marino?
- In 2024, San Marino's social contributions (% of revenue) rose 2.19 percentage points on 2023 (from 28.56% to 30.75%). Across the 21 yearly changes before that (2003 to 2023), the average change was +0.34 percentage points and a typical year strayed about 1.59 percentage points from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator GC.REV.SOCL.ZS, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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