Malta - Tax revenue (% of GDP)

Tax revenue (% of GDP) in Malta was 25.50 as of 2019. Its highest value over the past 47 years was 62.50 in 2007, while its lowest value was 16.55 in 1987.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

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

See also:

Year Value
1972 21.17
1973 22.01
1974 20.67
1975 18.87
1976 17.73
1977 18.35
1978 19.16
1980 19.69
1981 19.23
1982 18.51
1983 17.86
1984 16.84
1985 17.68
1986 17.18
1987 16.55
1988 17.60
1989 17.90
1990 42.43
1991 43.05
1992 44.17
1993 45.26
1994 42.31
1995 47.26
1996 42.42
1997 46.63
1998 42.71
1999 47.67
2000 48.59
2001 51.42
2002 53.73
2003 54.07
2004 55.02
2005 58.82
2006 60.03
2007 62.50
2008 25.81
2009 26.01
2010 25.31
2011 25.81
2012 25.69
2013 25.74
2014 25.99
2015 24.34
2016 25.11
2017 25.55
2018 25.77
2019 25.50

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