Malta: Revenue, excluding grants (% of GDP)

Key figures

What the numbers say

In 2024, Malta's revenue, excluding grants (% of GDP) rose 2.47 percentage points on 2023 (from 30.75% to 33.22%).

Across the 30 yearly changes before that (1994 to 2023), the average change was −0.02 percentage points and a typical year strayed about 1.47 percentage points from that (the standard deviation). This year's change was 1.7 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 11.51 percentage points in 1973 and the biggest yearly fall was 5.95 percentage points in 1977. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is downward, about 0.58 percentage points a year. A straight line explains 77% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Malta had the 31st highest value of the 90 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Malta in the 2024 ranking

• New Zealand — 27th of 90: 34.25%
• Latvia — 28th of 90: 33.86%
• Ukraine — 29th of 90: 33.65%
• Sweden — 31st of 90: 33%
• Macao SAR, China — 32nd of 90: 31.79%
• Mongolia — 33rd of 90: 31.61%

What this measures

Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Limitations: 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).

Regional and income-group figures are computed by the World Bank as a weighted average.

All 52 values

Revenue, excluding grants (% of GDP) in nearby economies

• Afghanistan — 13.04% (2017)
• Bahrain — 15.45% (2020)
• Egypt, Arab Rep. — 20.99% (2015)
• Israel — 31.48% (2024)
• Jordan — 21.16% (2023)
• Lebanon — 13.45% (2024)
• Morocco — 25.68% (2024)
• Saudi Arabia — 26.77% (2024)
• United Arab Emirates — 3.03% (2024)

More public sector data for Malta

• Net investment in nonfinancial assets (current LCU) — 733.7 million (2024)
• Net investment in nonfinancial assets (% of GDP) — 3.17% (2024)
• Net lending (+) / net borrowing (-) (current LCU) — -808.4 million (2024)
• Net lending (+) / net borrowing (-) (% of GDP) — -3.49% (2024)
• Social contributions (current LCU) — 1.17 billion (2024)
• Social contributions (% of revenue) — 15.26% (2024)
• Revenue, excluding grants (current LCU) — 7.69 billion (2024)
• Taxes on goods and services (current LCU) — 2.18 billion (2024)
• Taxes on goods and services (% of revenue) — 28.34% (2024)
• Taxes on goods and services (% of industry and services value added)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Malta's revenue, excluding grants (% of GDP)?

33.22% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1972?

It is down 0.26 percentage points from 33.48% in 1972. The highest value was 49.75% in 1975 and the lowest 30.25% in 1992.

How does Malta rank?

31st highest of 90 economies with data for 2024.

Is the latest change in revenue, excluding grants (% of GDP) unusual for Malta?

In 2024, Malta's revenue, excluding grants (% of GDP) rose 2.47 percentage points on 2023 (from 30.75% to 33.22%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.02 percentage points and a typical year strayed about 1.47 percentage points from that (the standard deviation). This year's change was 1.7 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator GC.REV.XGRT.GD.ZS, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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