Government Spending in Malta increased to 698820 EUR THO in the fourth quarter of 2020 from 610394 EUR THO in the third quarter of 2020. source: National Statistics Office, Malta

Government Spending in Malta averaged 384525.69 EUR THO from 2000 until 2020, reaching an all time high of 698820 EUR THO in the fourth quarter of 2020 and a record low of 283125 EUR THO in the first quarter of 2001. This page provides - Malta Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malta Government Spending - values, historical data and charts - was last updated on June of 2021.

Government Spending in Malta is expected to be 711211.00 EUR THO by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Malta to stand at 723279.00 in 12 months time. In the long-term, the Malta Government Spending is projected to trend around 745700.00 EUR THO in 2022 and 768817.00 EUR THO in 2023, according to our econometric models.

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Malta Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
698820.00 610394.00 698820.00 283125.00 2000 - 2020 EUR THO Quarterly
Constant Prices, NSA

Malta Government Last Previous Highest Lowest Unit
Government Debt to GDP 54.30 42.00 71.30 34.20 percent of GDP [+]
Government Budget -10.10 0.40 3.20 -10.10 percent of GDP [+]
Government Budget Value -47921.00 -238067.00 209904.00 -324361.00 EUR THO [+]
Government Spending 698820.00 610394.00 698820.00 283125.00 EUR THO [+]
Government Spending to GDP 46.60 36.80 46.60 34.80 percent of GDP [+]
Government Revenues 455024.00 212204.00 657216.00 155002.00 EUR Thousand [+]
Government Debt 6960.00 6834.50 6960.00 1045.00 EUR Million [+]
Fiscal Expenditure 502945.00 450271.00 791108.00 223087.00 EUR Thousand [+]
Military Expenditure 78.50 83.60 83.60 32.60 USD Million [+]
Credit Rating 75.00 [+]
Asylum Applications 155.00 170.00 1130.00 0.00 persons [+]

Malta Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.