Expenditure on old age function by type of benefit and means-testing in Malta

Malta: Expenditure on old age function by type of benefit and means-testing was 1,333 Million euro in 2024. ◆ Volatile

Latest (2024)
1,333 Million euro
Change on year
up 13.6%
World rank
34th
of 36 countries
All-time high
1,333 Million euro
in 2024
All-time low
176.97 Million euro
in 1995
Years of data
30
1995–2024

Expenditure on old age function by type of benefit and means-testing in Malta, 1995–2024

2505007501.0k1.2k1995200920241995: 177 Million euro1996: 204.7 Million euro1997: 225.6 Million euro1998: 240.2 Million euro1999: 259.8 Million euro2000: 286.5 Million euro2001: 323 Million euro2002: 329.7 Million euro2003: 328.8 Million euro2004: 339.6 Million euro2005: 370.6 Million euro2006: 398.6 Million euro2007: 424.3 Million euro2008: 468.4 Million euro2009: 510.9 Million euro2010: 575.1 Million euro2011: 580.6 Million euro2012: 622.3 Million euro2013: 643.7 Million euro2014: 675.9 Million euro2015: 711.1 Million euro2016: 764.7 Million euro2017: 824 Million euro2018: 852.8 Million euro2019: 910.2 Million euro2020: 971.5 Million euro2021: 1.0k Million euro2022: 1.1k Million euro2023: 1.2k Million euro2024: 1.3k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

The most recent figure for expenditure on old age function by type of benefit and means-testing in Malta is 1,333 Million euro, measured in 2024. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 13.6% on the previous year and up 97.3% over ten years.

Over the whole period, expenditure on old age function by type of benefit and means-testing in Malta peaked at 1,333 Million euro in 2024 and was at its lowest, 176.97 Million euro, in 1995.

Malta ranks 34th of 36 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 221.45 Million euro 176.97 Million euro 259.76 Million euro 5
2000s 378.04 Million euro 286.53 Million euro 510.85 Million euro 10
2010s 716.05 Million euro 575.06 Million euro 910.22 Million euro 10
2020s 1,120 Million euro 971.46 Million euro 1,333 Million euro 5

Countries ranked near Malta

  1. 31 Cyprus 2,483 Million euro compare
  2. 32 Iceland 2,155 Million euro compare
  3. 33 Bosnia and Herzegovina 1,762 Million euro compare
  4. 35 Albania 1,309 Million euro compare
  5. 36 Montenegro 414.22 Million euro compare

See the full ranking of 45 places →

More reference data data for Malta

All data for Malta →

Frequently asked questions

What is expenditure on old age function by type of benefit and means-testing in Malta?
Expenditure on old age function by type of benefit and means-testing in Malta was 1,333 Million euro in 2024, according to Eurostat.
What is the highest expenditure on old age function by type of benefit and means-testing recorded in Malta?
The highest recorded value was 1,333 Million euro in 2024.
What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Malta?
The lowest recorded value was 176.97 Million euro in 1995.
How does Malta rank for expenditure on old age function by type of benefit and means-testing?
Malta ranks 34th out of 36 countries with data for 2024.
Is expenditure on old age function by type of benefit and means-testing rising or falling in Malta?
Over the last ten years it is up 97.3%. The long-run trend across the full record is volatile.
Where does this Malta data come from?
The figures come from Eurostat, published as part of Expenditure on old age function by type of benefit and means-testing. Statizoid updates them automatically from the source API.

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About this data

Indicator
Expenditure on old age function by type of benefit and means-testing
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1990–2024
Last refreshed