Malta recorded a Government Budget surplus equal to 0.50 percent of the country's Gross Domestic Product in 2019. source: National Statistics Office, Malta

Government Budget in Malta averaged -3.44 percent of GDP from 1995 until 2019, reaching an all time high of 3.30 percent of GDP in 2017 and a record low of -9.30 percent of GDP in 1998. This page provides - Malta Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malta Government Budget - values, historical data and charts - was last updated on April of 2021.

Government Budget in Malta is expected to reach -5.90 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malta Government Budget is projected to trend around -3.20 percent of GDP in 2022 and -2.80 percent of GDP in 2023, according to our econometric models.

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Malta Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
0.50 1.90 3.30 -9.30 1995 - 2019 percent of GDP Yearly

Malta Government Last Previous Highest Lowest Unit
Government Debt to GDP 43.10 45.60 71.90 34.40 percent [+]
Government Budget 0.50 1.90 3.30 -9.30 percent of GDP [+]
Government Budget Value -91802.00 -103233.00 209904.00 -295419.00 EUR THO [+]
Government Spending 698820.00 610394.00 698820.00 283125.00 EUR THO [+]
Government Spending to GDP 37.70 36.70 45.20 35.90 percent [+]
Government Revenues 413818.69 387922.87 583524.50 155002.00 EUR Thousand [+]
Government Debt 6838.80 6646.50 6838.80 1045.00 EUR Million [+]
Fiscal Expenditure 505621.00 491156.00 582203.00 223087.00 EUR Thousand [+]
Military Expenditure 86.70 66.90 86.70 33.80 USD Million [+]
Credit Rating 75.00 [+]
Asylum Applications 265.00 165.00 1130.00 0.00 persons [+]

Malta Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.