Malta | Expense (current LCU)
Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. 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 | Expense (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
88353133.007221 1972
95364546.936874 1973
131306778.47659 1974
148870253.9017 1975
164360587.0021 1976
189867225.71628 1977
204076403.44747 1978
1979
248241323.08409 1980
313766596.78547 1981
356394129.97904 1982
347798742.13836 1983
351688795.71395 1984
355019799.67389 1985
369392033.54298 1986
397041695.78383 1987
430351735.38318 1988
472396925.22711 1989
1216884631.0135 1990
1372067671.3087 1991
1517592466.4385 1992
1688076771.546 1993
1861653885.4985 1994
2679918471.931 1995
2953566270.6732 1996
3115138597.7172 1997
3244963894.7123 1998
3431756347.5425 1999
3656606102.9583 2000
3975604472.3969 2001
4125029117.1675 2002
4714963894.7123 2003
4644046121.5933 2004
4839652923.3636 2005
5069322152.341 2006
5351856510.5986 2007
2599029000 2008
2572542000 2009
2717562000 2010
2837700000 2011
2972587000 2012
3146880000 2013
3362786000 2014
3598395000 2015
3727058000 2016
4000014000 2017
4405541000 2018
4722922000 2019
5668273000 2020
6216368000 2021
2022
Malta | Expense (current LCU)
Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. 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