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
Current account balance as a proportion of GDP in Malta, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
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 24th of 205 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 | % | 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% |
Malta compared with similar countries
- Malta's 7.1% is above the median for high income countries, which is 1.6%, 4.5× the median. (69 countries reporting)
- Malta's 7.1% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -0.2%. (20 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Malta changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +3571.8% | -0.6% | 19.2% |
| 2012 | +1284.1% | -0.1% | 1.6% |
| 2023 | +811.6% | -0.9% | 6.3% |
| 2009 | -658.0% | -0.8% | -6.4% |
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
- 21 Switzerland 7.7% compare
- 22 French Polynesia 7.5% compare
- 23 Micronesia (Federated States of) 7.1% compare
- 25 Nigeria 6.8% compare
- 26 Azerbaijan 6.3% compare
- 27 Angola 6.2% compare
More economy & growth data for Malta
- Real gdp growth, annual growth rate -36.23 % change on previous year (2025)
- 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)
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 24th out of 205 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.
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