Government Spending in Malta increased to 583595 EUR THO in the second quarter of 2020 from 534398 EUR THO in the first quarter of 2020. source: National Statistics Office, Malta

Government Spending in Malta averaged 337981.96 EUR THO from 2000 until 2020, reaching an all time high of 583595 EUR THO in the second quarter of 2020 and a record low of 246993 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 November of 2020.

Government Spending in Malta is expected to be 423625.00 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 671134.00 in 12 months time. In the long-term, the Malta Government Spending is projected to trend around 489110.00 EUR THO in 2021 and 504272.00 EUR THO in 2022, according to our econometric models.

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Malta Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
583595.00 534398.00 583595.00 246993.00 2000 - 2020 EUR THO Quarterly
Constant Prices, NSA

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 -34371.00 -156201.00 209904.00 -295419.00 EUR THO [+]
Government Spending 583595.00 534398.00 583595.00 246993.00 EUR THO [+]
Government Spending to GDP 37.70 36.70 45.20 35.90 percent [+]
Government Revenues 418699.31 286813.06 583524.50 155002.00 EUR Thousand [+]
Government Debt 5614.90 5832.00 5903.80 1045.00 EUR Million [+]
Fiscal Expenditure 453071.00 443014.00 582203.00 223087.00 EUR Thousand [+]
Military Expenditure 64.70 64.20 64.70 31.70 USD Million [+]
Credit Rating 75.00 [+]
Asylum Applications 265.00 165.00 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.