Social contributions in Malta
Malta: Social contributions was 1.17 billion current LCU in 2024. ◆ Volatile
Social contributions in Malta, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Malta recorded 1.17 billion current LCU for social contributions in 2024. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 9.8% on the previous year and up 109.3% over ten years.
Over the whole period, social contributions in Malta peaked at 1.17 billion current LCU in 2024 and was at its lowest, 5.31 million current LCU, in 1972.
Malta ranks 90th of 112 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 | 18.27 million current LCU | 5.31 million current LCU | 33.38 million current LCU | 7 |
| 1980s | 69.54 million current LCU | 54.20 million current LCU | 76.43 million current LCU | 10 |
| 1990s | 180.20 million current LCU | 94.50 million current LCU | 277.99 million current LCU | 10 |
| 2000s | 373.24 million current LCU | 304.28 million current LCU | 434.93 million current LCU | 10 |
| 2010s | 603.61 million current LCU | 456.50 million current LCU | 800.08 million current LCU | 10 |
| 2020s | 996.86 million current LCU | 838.17 million current LCU | 1.17 billion current LCU | 5 |
Countries ranked near Malta
- 87 New Zealand 2.95 billion current LCU compare
- 88 Bolivia 1.88 billion current LCU compare
- 89 Mozambique 1.85 billion current LCU compare
- 91 El Salvador 947.00 million current LCU compare
- 92 Australia 905.00 million current LCU compare
- 93 Georgia 722.10 million current LCU compare
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 social contributions in Malta?
- Social contributions in Malta was 1.17 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Malta?
- The highest recorded value was 1.17 billion current LCU in 2024.
- What is the lowest social contributions recorded in Malta?
- The lowest recorded value was 5.31 million current LCU in 1972.
- How does Malta rank for social contributions?
- Malta ranks 90th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Malta?
- Over the last ten years it is up 109.3%. 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.