Malta | Compensation of employees (current LCU)
Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees. 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.
Publisher
The World Bank
Origin
Republic of Malta
Records
63
Source
Malta | Compensation of employees (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
31213603.540648 1972
37200093.174936 1973
42650826.927556 1974
59608665.269043 1975
67551828.558118 1976
73328674.586536 1977
80945725.599814 1978
1979
106266014.44211 1980
128814348.94014 1981
128185418.12253 1982
133892382.94899 1983
132471465.17587 1984
138574423.48008 1985
145399487.53785 1986
161099464.24412 1987
168297228.04566 1988
177125553.22618 1989
422195537.25047 1990
458061267.8921 1991
566472356.88149 1992
675480303.71817 1993
742653941.44032 1994
1000864229.2471 1995
1082387971.2922 1996
1081523966.0337 1997
1144192089.351 1998
1156480944.5238 1999
1188881460.712 2000
1381063295.6455 2001
1426638463.2288 2002
1494011248.8159 2003
1518297488.9128 2004
1541506087.0566 2005
1563313665.8837 2006
1636271769.5139 2007
831960556.89483 2008
822268450.87198 2009
849273792.23065 2010
875068400.69261 2011
913043212.70118 2012
966042324.94995 2013
1040455062.1961 2014
1110878825.7148 2015
1179980982.0997 2016
1269537660.0312 2017
1355334388.5867 2018
1465869027.2308 2019
1551135727.6706 2020
1725879985.3003 2021
2022
Malta | Compensation of employees (current LCU)
Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees. 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.
Publisher
The World Bank
Origin
Republic of Malta
Records
63
Source