Taxes on goods and services (current LCU) in Malta
Malta: Taxes on goods and services (current LCU) was 2.18 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Malta, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Malta recorded 2.18 billion current LCU for taxes on goods and services in 2024. That is the highest value across all 52 years on record.
The figure is up 8.5% on the previous year and up 88.6% over ten years.
Over the whole period, taxes on goods and services in Malta peaked at 2.18 billion current LCU in 2024 and was at its lowest, 11.32 million current LCU, in 1972.
Malta ranks 135th of 157 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU) in Malta, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 11.32 million current LCU | — |
| 1973 | 11.53 million current LCU | +1.9% |
| 1974 | 12.95 million current LCU | +12.3% |
| 1975 | 14.02 million current LCU | +8.3% |
| 1976 | 15.58 million current LCU | +11.1% |
| 1977 | 15.82 million current LCU | +1.5% |
| 1978 | 14.61 million current LCU | -7.7% |
| 1980 | 19.66 million current LCU | +34.6% |
| 1981 | 25.20 million current LCU | +28.2% |
| 1982 | 24.90 million current LCU | -1.2% |
| 1983 | 27.23 million current LCU | +9.4% |
| 1984 | 26.93 million current LCU | -1.1% |
| 1985 | 27.02 million current LCU | +0.3% |
| 1986 | 29.93 million current LCU | +10.8% |
| 1987 | 30.00 million current LCU | +0.2% |
| 1988 | 35.29 million current LCU | +17.6% |
| 1989 | 39.86 million current LCU | +12.9% |
| 1990 | 46.68 million current LCU | +17.1% |
| 1991 | 58.86 million current LCU | +26.1% |
| 1992 | 63.80 million current LCU | +8.4% |
| 1993 | 66.20 million current LCU | +3.8% |
| 1994 | 107.99 million current LCU | +63.1% |
| 1995 | 340.65 million current LCU | +215.4% |
| 1996 | 337.73 million current LCU | -0.9% |
| 1997 | 377.93 million current LCU | +11.9% |
| 1998 | 369.48 million current LCU | -2.2% |
| 1999 | 426.91 million current LCU | +15.5% |
| 2000 | 469.32 million current LCU | +9.9% |
| 2001 | 509.37 million current LCU | +8.5% |
| 2002 | 532.85 million current LCU | +4.6% |
| 2003 | 565.69 million current LCU | +6.2% |
| 2004 | 656.24 million current LCU | +16.0% |
| 2005 | 749.39 million current LCU | +14.2% |
| 2006 | 789.56 million current LCU | +5.4% |
| 2007 | 835.95 million current LCU | +5.9% |
| 2008 | 866.16 million current LCU | +3.6% |
| 2009 | 852.83 million current LCU | -1.5% |
| 2010 | 939.95 million current LCU | +10.2% |
| 2011 | 961.63 million current LCU | +2.3% |
| 2012 | 980.17 million current LCU | +1.9% |
| 2013 | 1.03 billion current LCU | +4.9% |
| 2014 | 1.15 billion current LCU | +12.3% |
| 2015 | 1.23 billion current LCU | +6.3% |
| 2016 | 1.31 billion current LCU | +7.0% |
| 2017 | 1.46 billion current LCU | +10.8% |
| 2018 | 1.63 billion current LCU | +11.7% |
| 2019 | 1.68 billion current LCU | +3.1% |
| 2020 | 1.45 billion current LCU | -13.3% |
| 2021 | 1.63 billion current LCU | +12.0% |
| 2022 | 1.84 billion current LCU | +12.9% |
| 2023 | 2.01 billion current LCU | +9.1% |
| 2024 | 2.18 billion current LCU | +8.5% |
Malta compared with similar countries
- Malta's 2.18 billion current LCU is below the median for high income countries, which is 39.13 billion current LCU, 6% of the median. (57 countries reporting)
- Malta's 2.18 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 96.87 billion current LCU, 2% of the median. (14 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU) 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 | +215.4% | 107.99 million current LCU | 340.65 million current LCU |
| 1994 | +63.1% | 66.20 million current LCU | 107.99 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.69 million current LCU | 11.32 million current LCU | 15.82 million current LCU | 7 |
| 1980s | 28.60 million current LCU | 19.66 million current LCU | 39.86 million current LCU | 10 |
| 1990s | 219.62 million current LCU | 46.68 million current LCU | 426.91 million current LCU | 10 |
| 2000s | 682.74 million current LCU | 469.32 million current LCU | 866.16 million current LCU | 10 |
| 2010s | 1.24 billion current LCU | 939.95 million current LCU | 1.68 billion current LCU | 10 |
| 2020s | 1.82 billion current LCU | 1.45 billion current LCU | 2.18 billion current LCU | 5 |
Countries ranked near Malta
More public sector data for Malta
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Frequently asked questions
- What is taxes on goods and services in Malta?
- Taxes on goods and services in Malta was 2.18 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Malta?
- The highest recorded value was 2.18 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Malta?
- The lowest recorded value was 11.32 million current LCU in 1972.
- How does Malta rank for taxes on goods and services?
- Malta ranks 135th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Malta?
- Over the last ten years it is up 88.6%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.