Expense in Malta
Malta: Expense was 7.05 billion current LCU in 2023. ◆ Volatile
Expense in Malta, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Malta recorded 7.05 billion current LCU for expense in 2023. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 7.4% on the previous year and up 123.0% over ten years.
Over the whole period, expense in Malta peaked at 7.05 billion current LCU in 2023 and was at its lowest, 88.35 million current LCU, in 1972.
That places Malta 136th out of 157 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Malta, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 88.35 million current LCU | — |
| 1973 | 95.36 million current LCU | +7.9% |
| 1974 | 131.31 million current LCU | +37.7% |
| 1975 | 148.87 million current LCU | +13.4% |
| 1976 | 164.36 million current LCU | +10.4% |
| 1977 | 189.87 million current LCU | +15.5% |
| 1978 | 204.08 million current LCU | +7.5% |
| 1980 | 248.24 million current LCU | +21.6% |
| 1981 | 313.77 million current LCU | +26.4% |
| 1982 | 356.39 million current LCU | +13.6% |
| 1983 | 347.80 million current LCU | -2.4% |
| 1984 | 351.69 million current LCU | +1.1% |
| 1985 | 355.02 million current LCU | +0.9% |
| 1986 | 369.39 million current LCU | +4.0% |
| 1987 | 397.04 million current LCU | +7.5% |
| 1988 | 430.35 million current LCU | +8.4% |
| 1989 | 472.40 million current LCU | +9.8% |
| 1990 | 522.41 million current LCU | +10.6% |
| 1991 | 589.03 million current LCU | +12.8% |
| 1992 | 651.50 million current LCU | +10.6% |
| 1993 | 724.69 million current LCU | +11.2% |
| 1994 | 799.21 million current LCU | +10.3% |
| 1995 | 1.14 billion current LCU | +43.0% |
| 1996 | 1.26 billion current LCU | +10.3% |
| 1997 | 1.33 billion current LCU | +5.5% |
| 1998 | 1.38 billion current LCU | +4.1% |
| 1999 | 1.46 billion current LCU | +5.7% |
| 2000 | 1.56 billion current LCU | +6.5% |
| 2001 | 1.69 billion current LCU | +8.8% |
| 2002 | 1.76 billion current LCU | +3.8% |
| 2003 | 2.02 billion current LCU | +14.6% |
| 2004 | 1.98 billion current LCU | -1.7% |
| 2005 | 2.06 billion current LCU | +4.2% |
| 2006 | 2.17 billion current LCU | +5.0% |
| 2007 | 2.29 billion current LCU | +5.8% |
| 2008 | 2.60 billion current LCU | +13.4% |
| 2009 | 2.58 billion current LCU | -1.0% |
| 2010 | 2.72 billion current LCU | +5.7% |
| 2011 | 2.84 billion current LCU | +4.5% |
| 2012 | 2.98 billion current LCU | +4.8% |
| 2013 | 3.16 billion current LCU | +5.9% |
| 2014 | 3.38 billion current LCU | +6.9% |
| 2015 | 3.61 billion current LCU | +7.0% |
| 2016 | 3.74 billion current LCU | +3.6% |
| 2017 | 3.99 billion current LCU | +6.5% |
| 2018 | 4.46 billion current LCU | +11.8% |
| 2019 | 4.77 billion current LCU | +7.1% |
| 2020 | 5.72 billion current LCU | +19.9% |
| 2021 | 6.20 billion current LCU | +8.3% |
| 2022 | 6.56 billion current LCU | +5.8% |
| 2023 | 7.05 billion current LCU | +7.4% |
Malta compared with similar countries
- Malta's 7.05 billion current LCU is below the median for high income countries, which is 134.42 billion current LCU, 5% of the median. (57 countries reporting)
- Malta's 7.05 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 393.78 billion current LCU, 2% of the median. (15 countries reporting)
Biggest year-on-year movements
Years where Expense in Malta changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +43.0% | 799.21 million current LCU | 1.14 billion current LCU |
| 1974 | +37.7% | 95.36 million current LCU | 131.31 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 146.03 million current LCU | 88.35 million current LCU | 204.08 million current LCU | 7 |
| 1980s | 364.21 million current LCU | 248.24 million current LCU | 472.40 million current LCU | 10 |
| 1990s | 986.54 million current LCU | 522.41 million current LCU | 1.46 billion current LCU | 10 |
| 2000s | 2.07 billion current LCU | 1.56 billion current LCU | 2.60 billion current LCU | 10 |
| 2010s | 3.57 billion current LCU | 2.72 billion current LCU | 4.77 billion current LCU | 10 |
| 2020s | 6.38 billion current LCU | 5.72 billion current LCU | 7.05 billion current LCU | 4 |
Countries ranked near Malta
More public sector data for Malta
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Malta?
- Expense in Malta was 7.05 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Malta?
- The highest recorded value was 7.05 billion current LCU in 2023.
- What is the lowest expense recorded in Malta?
- The lowest recorded value was 88.35 million current LCU in 1972.
- How does Malta rank for expense?
- Malta ranks 136th out of 157 countries with data for 2023.
- Is expense rising or falling in Malta?
- Over the last ten years it is up 123.0%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.