Malta | Tax revenue (current LCU)
Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue. 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 | Tax revenue (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
55532261.82157 1972
65362217.563475 1973
69788027.020731 1974
80293501.048218 1975
92709061.26252 1976
112951316.09597 1977
136501281.15537 1978
1979
198113207.54717 1980
215443745.63243 1981
219380386.67598 1982
209760074.53995 1983
199277894.24645 1984
215932914.04612 1985
225692988.58607 1986
233286745.86536 1987
273911017.93617 1988
307803400.88516 1989
800169333.99726 1990
891488584.63246 1991
991652183.3684 1992
1091978561.5172 1993
1116938071.4948 1994
1445935243.4195 1995
1361504775.2155 1996
1590228278.5931 1997
1549855578.8493 1998
1825380852.5507 1999
2017915210.8083 2000
2203952946.6574 2001
2426109946.4244 2002
2588597717.2141 2003
2693726997.4377 2004
3034644770.5567 2005
3243296063.359 2006
3619084556.2544 2007
1601518000 2008
1628416000 2009
1725088000 2010
1787109000 2011
1892053000 2012
2044728000 2013
2274699000 2014
2433035000 2015
2659439000 2016
2990542000 2017
3243468000 2018
3466070000 2019
3102494000 2020
3635361000 2021
2022
Malta | Tax revenue (current LCU)
Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue. 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