Compensation of employees in Malta
Malta: Compensation of employees was 2.17 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Malta, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Malta recorded 2.17 billion current LCU for compensation of employees in 2024. That is the highest value across all 52 years on record.
The figure is up 14.7% on the previous year and up 108.9% over ten years.
Over the whole period, compensation of employees in Malta peaked at 2.17 billion current LCU in 2024 and was at its lowest, 31.21 million current LCU, in 1972.
That places Malta 135th out of 156 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 56.07 million current LCU | 31.21 million current LCU | 80.95 million current LCU | 7 |
| 1980s | 142.01 million current LCU | 106.27 million current LCU | 177.13 million current LCU | 10 |
| 1990s | 357.57 million current LCU | 181.25 million current LCU | 496.37 million current LCU | 10 |
| 2000s | 669.70 million current LCU | 510.18 million current LCU | 831.87 million current LCU | 10 |
| 2010s | 1.10 billion current LCU | 849.27 million current LCU | 1.47 billion current LCU | 10 |
| 2020s | 1.83 billion current LCU | 1.55 billion current LCU | 2.17 billion current LCU | 5 |
Countries ranked near Malta
More public sector data for Malta
- Arms imports 45.00 million SIPRI trend indicator values (2023)
- Tax revenue 24.1% (2024)
- Taxes on income, profits and capital gains 41.7% (2024)
- Taxes on goods and services 28.3% (2024)
- Net investment in nonfinancial assets 3.2% (2024)
- Net lending (+) / net borrowing (-) -3.5% (2024)
- Interest payments 3.5% (2024)
- Grants and other revenue 26.5% (1994)
- Interest payments 3.1% (2023)
- Other taxes 2.4% (2024)
Frequently asked questions
- What is compensation of employees in Malta?
- Compensation of employees in Malta was 2.17 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Malta?
- The highest recorded value was 2.17 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Malta?
- The lowest recorded value was 31.21 million current LCU in 1972.
- How does Malta rank for compensation of employees?
- Malta ranks 135th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Malta?
- Over the last ten years it is up 108.9%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.