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
44th
of 45 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
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 44th of 45 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expenditure on old age function by type of benefit and means-testing in Malta, year by year
| Year | Million euro | Change |
|---|---|---|
| 1995 | 176.97 Million euro | — |
| 1996 | 204.69 Million euro | +15.7% |
| 1997 | 225.64 Million euro | +10.2% |
| 1998 | 240.18 Million euro | +6.4% |
| 1999 | 259.76 Million euro | +8.2% |
| 2000 | 286.53 Million euro | +10.3% |
| 2001 | 322.96 Million euro | +12.7% |
| 2002 | 329.73 Million euro | +2.1% |
| 2003 | 328.8 Million euro | -0.3% |
| 2004 | 339.62 Million euro | +3.3% |
| 2005 | 370.58 Million euro | +9.1% |
| 2006 | 398.64 Million euro | +7.6% |
| 2007 | 424.3 Million euro | +6.4% |
| 2008 | 468.35 Million euro | +10.4% |
| 2009 | 510.85 Million euro | +9.1% |
| 2010 | 575.06 Million euro | +12.6% |
| 2011 | 580.63 Million euro | +1.0% |
| 2012 | 622.32 Million euro | +7.2% |
| 2013 | 643.68 Million euro | +3.4% |
| 2014 | 675.94 Million euro | +5.0% |
| 2015 | 711.15 Million euro | +5.2% |
| 2016 | 764.73 Million euro | +7.5% |
| 2017 | 824.03 Million euro | +7.8% |
| 2018 | 852.75 Million euro | +3.5% |
| 2019 | 910.22 Million euro | +6.7% |
| 2020 | 971.46 Million euro | +6.7% |
| 2021 | 1,030 Million euro | +6.0% |
| 2022 | 1,089 Million euro | +5.7% |
| 2023 | 1,174 Million euro | +7.8% |
| 2024 | 1,333 Million euro | +13.6% |
Malta compared with similar countries
- Malta's 1,333 Million euro is below the median for high income countries, which is 29,628 Million euro, 5% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 41 Iceland 2,340 Million euro compare
- 42 Bosnia and Herzegovina 1,988 Million euro compare
- 43 Albania 1,571 Million euro compare
- 45 Montenegro 539.32 Million euro compare
More reference data data for Malta
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0121 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0042 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0205 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0008 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0205 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0404 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0227 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0192 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.1009 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0043 (2050)
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 44th out of 45 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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