Malta | Taxes on goods and services (% value added of industry and services)

Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies. 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 | Taxes on goods and services (% value added of industry and services)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 5.32193677
1973 4.79857235
1974 4.53993284
1975 3.72224286
1976 3.33376077
1977 2.85733119
1978 2.24664733
1979
1980 2.13102081
1981 2.47632133
1982 2.27163498
1983 2.48364062
1984 2.46051884
1985 2.40600036
1986 2.55075599
1987 2.39246596
1988 2.57686297
1989 2.64133375
1990 6.57063407
1991 7.57021238
1992 7.53521123
1993 7.2273715
1994 10.72683725
1995 32.11375284
1996 29.64907648
1997 30.06223255
1998 27.16597445
1999 29.50912902
2000 30.15853356
2001 31.99749366
2002 31.81869156
2003 31.69645996
2004 36.42757511
2005 39.79393945
2006 40.00470559
2007 39.36859654
2008 16.05197594
2009 15.82880548
2010 15.8754198
2011 16.09624819
2012 15.3170136
2013 14.83453656
2014 15.12478973
2015 13.99874129
2016 14.17217264
2017 13.79978494
2018 14.18671863
2019 13.17224433
2020 12.09954017
2021 11.85835083
2022

Malta | Taxes on goods and services (% value added of industry and services)

Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies. 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