Annual GDP growth in Malta
Malta: Annual GDP growth was 7.5% in 2023. ◆ Volatile
Latest (2023)
7.5%
Change on year
up 80.7%
World rank
15th
of 211 countries
All-time high
19.7%
in 2000
All-time low
-3.5%
in 2020
Years of data
24
2000–2023
Annual GDP growth in Malta, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Malta recorded 7.5% for annual gdp growth in 2023.
Compared with earlier readings it is up 80.7% on the previous year and up 19.2% 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 15th out of 211 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
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 | 5.4% | -3.5% | 13.5% | 4 |
Countries ranked near Malta
More economy & growth data for Malta
- External balance on goods and services as a percent of GDP 19.2% (2025)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 35,197 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.3% (2025)
- Gross domestic product (GDP) 20.40 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 35,197 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Taxes less subsidies on products 2.00 billion current LCU (2025)
- Taxes less subsidies on products 2.26 billion current US$ (2025)
- Net primary income (Net income from abroad) -2.49 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Malta?
- Annual gdp growth in Malta was 7.5% in 2023, according to World Bank – processed by Our World in Data.
- 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 15th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Malta?
- Over the last ten years it is up 19.2%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual GDP growth (%)