Budget balance — all countries

Budget balance — Malta

Budget balance in Malta in 2031 — -2.6%. Ranked 103 in the world out of 188. Since 2000, the indicator has risen by 3.2 pp.

2031 -2.6% +0 pp vs 2030
World rank 103of 188
Period maximum 3.4%2017
Period minimum -9%2003

Trend over time

2000–2031 · % of GDP

Budget balance — Malta, 2000–2031-10-5052000200420082012201620202024202820312000: -5.8%2001: -6.5%2002: -5.6%2003: -9%2004: -4.3%2005: -2.8%2006: -2.5%2007: -2.1%2008: -4.1%2009: -3.1%2010: -2.2%2011: -3%2012: -3.3%2013: -2.2%2014: -1.5%2015: -0.8%2016: 1.1%2017: 3.4%2018: 1.9%2019: 0.7%2020: -8.7%2021: -7%2022: -5.3%2023: -4.4%2024: -3.5%2025: -3.1%2026: -2.9%2027: -2.7%2028: -2.6%2029: -2.6%2030: -2.6%2031: -2.6%
Change over the period: +3.2 pp Annual average: 0.1 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Malta

Malta -2.6%
World computed -4.85%
Europe & Central Asia computed -2.49%
Southern Europe computed -2.33%
High-income countries computed -4.26%
Budget balance — Malta, by year Malta All countries CSV XLSX
Year % Change, pp
2031 -2.6 +0 pp
2030 -2.6 +0 pp
2029 -2.6 +0 pp
2028 -2.6 +0.1 pp
2027 -2.7 +0.2 pp
2026 -2.9 +0.2 pp
2025 -3.1 +0.4 pp
2024 -3.5 +0.9 pp
2023 -4.4 +0.9 pp
2022 -5.3 +1.7 pp
2021 -7 +1.7 pp
2020 -8.7 −9.4 pp
2019 0.7 −1.2 pp
2018 1.9 −1.5 pp
2017 3.4 +2.3 pp
2016 1.1 +1.9 pp
2015 -0.8 +0.7 pp
2014 -1.5 +0.7 pp
2013 -2.2 +1.1 pp
2012 -3.3 −0.3 pp
2011 -3 −0.8 pp
2010 -2.2 +0.9 pp
2009 -3.1 +1 pp
2008 -4.1 −2 pp
2007 -2.1 +0.4 pp
2006 -2.5 +0.3 pp
2005 -2.8 +1.5 pp
2004 -4.3 +4.7 pp
2003 -9 −3.4 pp
2002 -5.6 +0.9 pp
2001 -6.5 −0.7 pp
2000 -5.8

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.