Malta: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Malta

Fiscal balance, percent of GDP

 Latest value -4.90
 Year 2023
 Measure percent
 Data availability 1995 - 2023
 Average -3.86
 Min - Max -9.40 - 3.30
 Source National Statistics Office of Malta
The latest value from 2023 is -4.9 percent, an increase from -5.5 percent in 2022. In comparison, the world average is -2.80 percent, based on data from 136 countries. Historically, the average for Malta from 1995 to 2023 is -3.86 percent. The minimum value, -9.4 percent, was reached in 2020 while the maximum of 3.3 percent was recorded in 2017. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Malta - Fiscal balance, percent of GDP - Recent values chart

Historical series
Malta - Fiscal balance, percent of GDP - historical chart - 1995-2023




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Government spending, percent of GDP 17.71 2023 percent
 Government spending, in dollars 3.71 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -4.90 2023 percent
 Government debt 50.40 2023 percent
 Government expenditure 0.86 Q2/2024 billion
 Tax revenue 23.37 2022 percent
 Commercial tax rate 44.00 2019 percent
 Tax preparation time 139 2019 hours
 Number of taxes 8 2019 taxes
 Taxes on goods and services 31.92 2022 percent
 Taxes on international trade 0.95 2014 percent
 Income and profits taxes 37.73 2022 percent
 Foreign aid 6.19 2004 million U.S. dollars
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