Malta - Goods and services expense (% of expense)

Goods and services expense (% of expense) in Malta was 19.45 as of 2019. Its highest value over the past 47 years was 27.02 in 1973, while its lowest value was 3.61 in 1986.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

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

See also:

Year Value
1972 23.54
1973 27.02
1974 21.80
1975 18.75
1976 18.81
1977 22.10
1978 15.84
1980 10.27
1981 12.67
1982 14.10
1983 12.30
1984 11.22
1985 10.48
1986 3.61
1987 6.55
1988 8.21
1989 8.93
1990 11.79
1991 15.18
1992 14.81
1993 13.59
1994 13.27
1995 12.15
1996 11.13
1997 11.28
1998 10.62
1999 10.21
2000 11.48
2001 10.01
2002 10.46
2003 10.18
2004 11.64
2005 10.67
2006 12.31
2007 12.15
2008 13.99
2009 12.96
2010 13.66
2011 14.19
2012 14.83
2013 13.68
2014 14.26
2015 15.28
2016 15.93
2017 17.08
2018 17.46
2019 19.45

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