Malta | Tax revenue (% of GDP)

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 (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
21.17118907 1972
22.01439629 1973
20.6659997 1974
18.87472189 1975
17.73263658 1976
18.35483092 1977
19.15855318 1978
1979
19.69424242 1980
19.23403601 1981
18.51096646 1982
17.86284418 1983
16.84151879 1984
17.67666555 1985
17.18032161 1986
16.55215345 1987
17.59891218 1988
17.8970137 1989
42.43432684 1990
43.05083437 1991
44.17204003 1992
45.26292291 1993
42.31400954 1994
50.79516769 1995
45.22370209 1996
47.51488821 1997
43.27029926 1998
47.27741136 1999
48.58527184 2000
51.42409412 2001
53.72732518 2002
54.06966944 2003
55.02400609 2004
58.81945183 2005
60.02766583 2006
62.50279458 2007
25.80587595 2008
26.01451094 2009
25.31011882 2010
25.80812785 2011
25.69167313 2012
25.73815477 2013
25.99328619 2014
24.33835767 2015
25.22916354 2016
25.053555 2017
24.8655469 2018
24.26267048 2019
23.233128 2020
23.77199044 2021
2022

Malta | Tax revenue (% of GDP)

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