Malta recorded a Government Budget deficit equal to 10.10 percent of the country's Gross Domestic Product in 2020. source: National Statistics Office, Malta

Government Budget in Malta averaged -3.68 percent of GDP from 1995 until 2020, reaching an all time high of 3.20 percent of GDP in 2017 and a record low of -10.10 percent of GDP in 2020. 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 November 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

Related Last Previous Unit Reference
Government Debt to GDP 54.30 42.00 percent of GDP Dec/20
Government Budget -10.10 0.40 percent of GDP Dec/20
Government Budget Value -77095.00 -47921.00 EUR THO May/21
Government Spending 618111.00 687504.00 EUR THO Jun/21
Government Spending to GDP 46.60 36.80 percent of GDP Dec/20
Government Revenues 444580.90 455023.57 EUR Thousand May/21
Fiscal Expenditure 521676.00 502945.00 EUR Thousand May/21
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.