Malta | Social contributions (current LCU)

Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments. 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 | Social contributions (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 5310971.3487072
1973 8968087.5844398
1974 12229210.342418
1975 18821337.060331
1976 21267179.128814
1977 27905893.314698
1978 33379920.801304
1979
1980 54204518.984393
1981 66363848.124854
1982 71884463.079432
1983 72024225.483345
1984 68390402.981598
1985 70952713.720009
1986 69042627.533194
1987 69881201.956674
1988 76426741.206615
1989 76263685.068716
1990 220240545.64961
1991 220132026.04102
1992 243083923.25949
1993 289910134.36952
1994 308195688.41828
1995 508194735.61612
1996 546752853.48241
1997 605658047.98509
1998 607766130.91078
1999 647535522.94433
2000 708788725.83275
2001 777179128.81435
2002 805844397.85698
2003 822436524.57489
2004 839240624.27207
2005 885541579.31516
2006 907924528.30189
2007 927798742.13837
2008 431995000
2009 434928000
2010 456496000
2011 486745000
2012 504349000
2013 524835000
2014 560305000
2015 596307000
2016 639277000
2017 702909000
2018 764777000
2019 800078000
2020 838172000
2021 914782000
2022

Malta | Social contributions (current LCU)

Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments. 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