Expense in Malta
Malta: Expense was 7.05 billion current LCU in 2023. ◆ Volatile
Expense in Malta, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Malta recorded 7.05 billion current LCU for expense in 2023. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 7.4% on the previous year and up 123.0% over ten years.
Over the whole period, expense in Malta peaked at 7.05 billion current LCU in 2023 and was at its lowest, 88.35 million current LCU, in 1972.
That places Malta 136th out of 157 countries with data for 2023, 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 | 146.03 million current LCU | 88.35 million current LCU | 204.08 million current LCU | 7 |
| 1980s | 364.21 million current LCU | 248.24 million current LCU | 472.40 million current LCU | 10 |
| 1990s | 986.54 million current LCU | 522.41 million current LCU | 1.46 billion current LCU | 10 |
| 2000s | 2.07 billion current LCU | 1.56 billion current LCU | 2.60 billion current LCU | 10 |
| 2010s | 3.57 billion current LCU | 2.72 billion current LCU | 4.77 billion current LCU | 10 |
| 2020s | 6.38 billion current LCU | 5.72 billion current LCU | 7.05 billion current LCU | 4 |
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 expense in Malta?
- Expense in Malta was 7.05 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Malta?
- The highest recorded value was 7.05 billion current LCU in 2023.
- What is the lowest expense recorded in Malta?
- The lowest recorded value was 88.35 million current LCU in 1972.
- How does Malta rank for expense?
- Malta ranks 136th out of 157 countries with data for 2023.
- Is expense rising or falling in Malta?
- Over the last ten years it is up 123.0%. 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 Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. 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.