Malta - Social contributions (% of revenue)

Social contributions (% of revenue) in Malta was 16.08 as of 2019. Its highest value over the past 47 years was 22.83 in 1998, while its lowest value was 5.59 in 1972.

Definition: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 5.59
1973 6.69
1974 7.56
1975 8.85
1976 8.90
1977 11.42
1978 11.42
1980 16.36
1981 15.91
1982 16.03
1983 15.66
1984 15.16
1985 15.47
1986 15.62
1987 15.89
1988 14.02
1989 13.71
1990 14.10
1991 12.77
1992 14.55
1993 15.97
1994 15.89
1995 20.38
1996 21.95
1997 22.44
1998 22.83
1999 21.13
2000 21.56
2001 22.36
2002 21.58
2003 20.77
2004 19.84
2005 18.86
2006 18.43
2007 17.94
2008 18.52
2009 18.51
2010 18.11
2011 18.57
2012 18.22
2013 17.62
2014 16.95
2015 16.22
2016 16.60
2017 16.02
2018 16.10
2019 16.08

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: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance