Malta - Compensation of employees (% of expense)

Compensation of employees (% of expense) in Malta was 30.92 as of 2019. Its highest value over the past 47 years was 42.81 in 1980, while its lowest value was 30.35 in 2012.

Definition: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees.

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

See also:

Year Value
1972 35.33
1973 39.01
1974 32.48
1975 40.04
1976 41.10
1977 38.62
1978 39.66
1980 42.81
1981 41.05
1982 35.97
1983 38.50
1984 37.67
1985 39.03
1986 39.36
1987 40.57
1988 39.11
1989 37.50
1990 34.69
1991 33.38
1992 37.33
1993 40.01
1994 39.89
1995 37.35
1996 36.65
1997 34.72
1998 35.26
1999 33.70
2000 32.51
2001 34.74
2002 34.59
2003 31.69
2004 32.70
2005 31.87
2006 30.85
2007 30.59
2008 32.05
2009 31.98
2010 31.01
2011 31.12
2012 30.35
2013 30.40
2014 30.65
2015 30.41
2016 31.17
2017 31.25
2018 30.74
2019 30.92

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