Current account balance as a proportion of GDP in Malta
Malta: Current account balance as a proportion of GDP was 7.1% in 2024. ◆ Volatile
Latest (2024)
7.1%
Change on year
up 13.0%
World rank
22nd
of 177 countries
All-time high
19.2%
in 2017
All-time low
-11.9%
in 2000
Years of data
25
2000–2024
Current account balance as a proportion of GDP in Malta, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Malta recorded 7.1% for current account balance as a proportion of gdp in 2024.
That represents a change of up 13.0% on the previous year and down 14.7% over ten years.
Over the whole period, current account balance as a proportion of gdp in Malta peaked at 19.2% in 2017 and was at its lowest, -11.9%, in 2000.
Malta ranks 22nd of 177 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Malta, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -11.9% | — |
| 2001 | -3.7% | -69.1% |
| 2002 | 2.4% | -164.9% |
| 2003 | -2.9% | -221.0% |
| 2004 | -3.8% | +31.6% |
| 2005 | -6.5% | +72.2% |
| 2006 | -7.9% | +20.3% |
| 2007 | -2.0% | -74.4% |
| 2008 | -0.8% | -58.2% |
| 2009 | -6.4% | +658.0% |
| 2010 | -4.6% | -27.8% |
| 2011 | -0.1% | -97.1% |
| 2012 | 1.6% | -1284.1% |
| 2013 | 2.5% | +59.1% |
| 2014 | 8.3% | +233.2% |
| 2015 | 2.7% | -68.2% |
| 2016 | -0.6% | -120.8% |
| 2017 | 19.2% | -3571.8% |
| 2018 | 13.3% | -30.3% |
| 2019 | 17.8% | +33.7% |
| 2020 | 16.1% | -9.8% |
| 2021 | 9.3% | -42.0% |
| 2022 | -0.9% | -109.5% |
| 2023 | 6.3% | -811.6% |
| 2024 | 7.1% | +13.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.4% | -11.9% | 2.4% | 10 |
| 2010s | 6.0% | -4.6% | 19.2% | 10 |
| 2020s | 7.6% | -0.9% | 16.1% | 5 |
Countries ranked near Malta
- 19 Faroe Islands 7.8% compare
- 20 Switzerland 7.7% compare
- 21 French Polynesia 7.5% compare
- 23 Nigeria 6.8% compare
- 24 Azerbaijan 6.3% compare
- 25 Angola 6.2% compare
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0534 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,559 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0473 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,265 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.037 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,772 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1,974 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.76 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Malta?
- Current account balance as a proportion of gdp in Malta was 7.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Malta?
- The highest recorded value was 19.2% in 2017.
- What is the lowest current account balance as a proportion of gdp recorded in Malta?
- The lowest recorded value was -11.9% in 2000.
- How does Malta rank for current account balance as a proportion of gdp?
- Malta ranks 22nd out of 177 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Malta?
- Over the last ten years it is down 14.7%. 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 Current account balance as a proportion of GDP (%). 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).