Current account balance as a proportion of gdp in Malta
Malta: Current account balance as a proportion of gdp was 6.38 in 2023. ◆ Volatile
Latest (2023)
6.38
Change on year
up 833.3%
World rank
31st
of 191 countries
All-time high
19.16
in 2017
All-time low
-11.9
in 2000
Years of data
24
2000–2023
Current account balance as a proportion of gdp in Malta, 2000–2023
Source: Our World in Data.
Analysis
Malta recorded 6.38 for current account balance as a proportion of gdp in 2023.
The figure is up 833.3% on the previous year and up 155.2% over ten years.
Over the whole period, current account balance as a proportion of gdp in Malta peaked at 19.16 in 2017 and was at its lowest, -11.9, in 2000.
That places Malta 31st out of 191 countries with data for 2023, putting it 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 | -3.68 | -69.1% |
| 2002 | 2.38 | -164.7% |
| 2003 | -2.88 | -221.0% |
| 2004 | -3.8 | +31.9% |
| 2005 | -6.54 | +72.1% |
| 2006 | -7.86 | +20.2% |
| 2007 | -2.01 | -74.4% |
| 2008 | -0.84 | -58.2% |
| 2009 | -6.39 | +660.7% |
| 2010 | -4.61 | -27.9% |
| 2011 | -0.13 | -97.2% |
| 2012 | 1.57 | -1307.7% |
| 2013 | 2.5 | +59.2% |
| 2014 | 8.34 | +233.6% |
| 2015 | 2.65 | -68.2% |
| 2016 | -0.55 | -120.8% |
| 2017 | 19.16 | -3583.6% |
| 2018 | 13.35 | -30.3% |
| 2019 | 17.85 | +33.7% |
| 2020 | 16.12 | -9.7% |
| 2021 | 9.35 | -42.0% |
| 2022 | -0.87 | -109.3% |
| 2023 | 6.38 | -833.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.35 | -11.9 | 2.38 | 10 |
| 2010s | 6.01 | -4.61 | 19.16 | 10 |
| 2020s | 7.75 | -0.87 | 16.12 | 4 |
Countries ranked near Malta
- 28 Micronesia, Federated States of 7.02 compare
- 29 Switzerland 6.6 compare
- 30 Sweden 6.45 compare
- 32 Viet Nam 6.01 compare
- 33 Luxembourg 5.98 compare
- 34 Germany 5.94 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)
- GDP (constant 2015 US$), annual growth rate 3.96 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7347 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 35,197 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.96 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.7347 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 35,197 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 9.94 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3791 current US$ per US$ of GDP (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 6.38 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Malta?
- The highest recorded value was 19.16 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 31st out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Malta?
- Over the last ten years it is up 155.2%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from Our World in Data, 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 — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).