Italy vs San Marino

Italy vs San Marino: Government debt

Government debt: 137.1% of GDP in Italy in 2025 and 63.8% of GDP in San Marino in 2024, by IMF estimates. In 2024 the value was higher in Italy, by 70.9 percentage points, or 2.11 times that in San Marino.

% of GDP · IMF

Italy vs San Marino: Government debtGovernment debt: 137.1% of GDP in Italy in 2025 and 63.8% of GDP in San Marino in 2024, by IMF estimates. In 2024 the value was higher in Italy, by 70.9 percentage points, or 2.11 times that in San Marino.
ItalySan MarinoIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Italy has been higher in every year both have figures for since 2001.
  • The IMF projection (World Economic Outlook, October 2026) puts Italy at 135.6% of GDP and San Marino at 43.6% of GDP in 2031.

Every year

% of GDP · IMF

YearItalySan Marino
2025137.159.8
2024134.763.8
2023133.969.4
2022138.471.6
2021145.878.4
2020154.469.8
2019133.956.2
2018134.256.7
2017133.756.4
2016134.221.4
2015134.819.3
2014134.821
2013131.923.2
2012125.917.2
2011119.116.6
2010118.820
2009116.120.1
2008105.815.5
2007103.512.6
2006106.314.2
2005106.214.5
2004104.716.9
2003105.116.1
2002105.917.2
2001108.511.6
2000108.7–
1999113.1–
1998113.9–
1997116.5–
1996118.9–
1995119.1–
1994130.8–
1993124.1–
1992113–
1991105.3–
1990101.7–
198998.4–
198895.7–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearItalySan Marino
2026137.956.8
2027137.654.5
202813751.9
2029136.249.1
2030135.846.3
2031135.643.6

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Italy vs San Marino

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