Malta - Expense (% of GDP)

Expense (% of GDP) in Malta was 34.29 as of 2019. Its highest value over the past 47 years was 98.48 in 2003, while its lowest value was 24.68 in 1980.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 33.68
1973 32.12
1974 38.88
1975 35.00
1976 31.44
1977 30.85
1978 28.64
1980 24.68
1981 28.01
1982 30.07
1983 29.62
1984 29.72
1985 29.06
1986 28.12
1987 28.17
1988 27.65
1989 27.47
1990 64.53
1991 66.26
1992 67.60
1993 69.97
1994 70.53
1995 87.59
1996 92.02
1997 91.34
1998 89.41
1999 89.61
2000 88.04
2001 92.76
2002 91.34
2003 98.48
2004 94.85
2005 93.75
2006 93.80
2007 92.38
2008 41.83
2009 41.07
2010 39.55
2011 39.95
2012 40.12
2013 39.36
2014 38.20
2015 35.86
2016 34.99
2017 33.91
2018 34.63
2019 34.29

Limitations and Exceptions: 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). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance