Annual GDP growth in Malta
Malta: Annual GDP growth was 6.8% in 2024. ◆ Volatile
Latest (2024)
6.8%
Change on year
down 36.0%
World rank
17th
of 230 countries
All-time high
19.7%
in 2000
All-time low
-3.5%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Malta, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Malta is 6.8%, measured in 2024.
The figure is down 36.0% on the previous year and down 10.9% over ten years.
Over the whole period, annual gdp growth in Malta peaked at 19.7% in 2000 and was at its lowest, -3.5%, in 2020.
That places Malta 17th out of 230 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Malta, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 19.7% | — |
| 2001 | -0.8% | -103.8% |
| 2002 | 2.7% | -462.0% |
| 2003 | 3.7% | +34.7% |
| 2004 | 0.4% | -89.0% |
| 2005 | 2.9% | +607.3% |
| 2006 | 2.3% | -18.9% |
| 2007 | 5.0% | +115.6% |
| 2008 | 4.4% | -12.4% |
| 2009 | -1.4% | -131.6% |
| 2010 | 6.2% | -544.2% |
| 2011 | 1.0% | -84.0% |
| 2012 | 4.1% | +313.4% |
| 2013 | 6.3% | +53.4% |
| 2014 | 7.6% | +21.3% |
| 2015 | 9.6% | +26.1% |
| 2016 | 4.1% | -57.6% |
| 2017 | 13.0% | +218.1% |
| 2018 | 7.2% | -44.6% |
| 2019 | 4.1% | -43.2% |
| 2020 | -3.5% | -184.6% |
| 2021 | 13.4% | -487.9% |
| 2022 | 2.5% | -81.5% |
| 2023 | 10.6% | +327.8% |
| 2024 | 6.8% | -36.0% |
Malta compared with similar countries
- Malta's 6.8% is above the median for high income countries, which is 2.1%, 3.2× the median. (80 countries reporting)
- Malta's 6.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.3%, 3.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.9% | -1.4% | 19.7% | 10 |
| 2010s | 6.3% | 1.0% | 13.0% | 10 |
| 2020s | 6.0% | -3.5% | 13.4% | 5 |
Countries ranked near Malta
More economy & growth data for Malta
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.35 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.51 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.41 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0128 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 611.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.5772 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0093 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 446.61 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0062 units per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Malta?
- Annual gdp growth in Malta was 6.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Malta?
- The highest recorded value was 19.7% in 2000.
- What is the lowest annual gdp growth recorded in Malta?
- The lowest recorded value was -3.5% in 2020.
- How does Malta rank for annual gdp growth?
- Malta ranks 17th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Malta?
- Over the last ten years it is down 10.9%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).