Goods and services expense in Malta
Malta: Goods and services expense was 1.59 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Malta, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Malta recorded 1.59 billion current LCU for goods and services expense in 2024. That is the highest value across all 52 years on record.
That represents a change of up 16.3% on the previous year and up 231.7% over ten years.
Over the whole period, goods and services expense in Malta peaked at 1.59 billion current LCU in 2024 and was at its lowest, 13.35 million current LCU, in 1986.
Malta ranks 127th of 155 countries on this measure, 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 | 29.76 million current LCU | 20.80 million current LCU | 41.95 million current LCU | 7 |
| 1980s | 35.18 million current LCU | 13.35 million current LCU | 50.24 million current LCU | 10 |
| 1990s | 118.30 million current LCU | 61.61 million current LCU | 151.75 million current LCU | 10 |
| 2000s | 244.16 million current LCU | 170.77 million current LCU | 363.80 million current LCU | 10 |
| 2010s | 560.74 million current LCU | 376.52 million current LCU | 902.49 million current LCU | 10 |
| 2020s | 1.30 billion current LCU | 1.12 billion current LCU | 1.59 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 goods and services expense in Malta?
- Goods and services expense in Malta was 1.59 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Malta?
- The highest recorded value was 1.59 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Malta?
- The lowest recorded value was 13.35 million current LCU in 1986.
- How does Malta rank for goods and services expense?
- Malta ranks 127th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Malta?
- Over the last ten years it is up 231.7%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.