Malta | Goods and services expense (current LCU)

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. 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 | Goods and services expense (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 20801304.449103
1973 25762869.788027
1974 28627999.068251
1975 27905893.314698
1976 30910784.998835
1977 41952014.90799
1978 32331702.771954
1979
1980 25506638.714186
1981 39762403.913347
1982 50244584.206848
1983 42767295.597484
1984 39459585.371535
1985 37223386.908922
1986 13347309.573725
1987 25995807.127883
1988 35336594.456091
1989 42161658.51386
1990 143517182.37084
1991 208303388.70384
1992 224744109.40643
1993 229410452.57614
1994 247044888.97332
1995 325737979.35991
1996 328613921.68839
1997 351330945.55106
1998 344568498.60554
1999 350284208.65624
2000 419794442.35895
2001 398117520.46055
2002 431839469.75068
2003 480375718.24461
2004 540704233.22987
2005 516907580.89002
2006 624841976.30993
2007 650935086.30097
2008 363855441.61045
2009 333793592.34998
2010 376439592.58783
2011 399681329.77667
2012 441764132.44481
2013 432917804.45489
2014 478903765.26617
2015 549461247.76885
2016 581344001.96982
2017 669630556.95439
2018 774997034.65599
2019 907705437.41578
2020 1125153128.9079
2021 1225636520.9236
2022

Malta | Goods and services expense (current LCU)

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. 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