Current account balance (BoP, current US$) in Malta
Malta: Current account balance (BoP, current US$) was 1.78 billion BoP, current US$ in 2024. ◆ Volatile
Current account balance in Malta, 1971–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Malta recorded 1.78 billion BoP, current US$ for current account balance in 2024.
Compared with earlier readings it is up 20.2% on the previous year and up 79.3% over ten years.
Over the whole period, current account balance in Malta peaked at 2.92 billion BoP, current US$ in 2019 and was at its lowest, -557.79 million BoP, current US$, in 2009.
Malta ranks 46th of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$) in Malta, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1971 | 1.23 million BoP, current US$ | — |
| 1972 | 22.54 million BoP, current US$ | +1735.1% |
| 1973 | 30.37 million BoP, current US$ | +34.7% |
| 1974 | 5.19 million BoP, current US$ | -82.9% |
| 1975 | 59.25 million BoP, current US$ | +1042.1% |
| 1976 | 55.04 million BoP, current US$ | -7.1% |
| 1977 | 40.02 million BoP, current US$ | -27.3% |
| 1978 | 72.65 million BoP, current US$ | +81.6% |
| 1979 | 46.59 million BoP, current US$ | -35.9% |
| 1980 | 38.79 million BoP, current US$ | -16.7% |
| 1981 | 86.37 million BoP, current US$ | +122.6% |
| 1982 | 12.37 million BoP, current US$ | -85.7% |
| 1983 | -4.86 million BoP, current US$ | -139.2% |
| 1984 | 8.24 million BoP, current US$ | -269.7% |
| 1985 | -25.79 million BoP, current US$ | -412.9% |
| 1986 | 6.87 million BoP, current US$ | -126.6% |
| 1987 | 22.58 million BoP, current US$ | +228.6% |
| 1988 | 61.05 million BoP, current US$ | +170.4% |
| 1989 | -9.47 million BoP, current US$ | -115.5% |
| 1990 | -55.76 million BoP, current US$ | +488.8% |
| 1991 | -7.37 million BoP, current US$ | -86.8% |
| 1992 | 30.24 million BoP, current US$ | -510.4% |
| 1993 | -84.34 million BoP, current US$ | -378.9% |
| 1994 | -131.53 million BoP, current US$ | +56.0% |
| 1995 | -379.88 million BoP, current US$ | +188.8% |
| 1996 | -422.33 million BoP, current US$ | +11.2% |
| 1997 | -226.70 million BoP, current US$ | -46.3% |
| 1998 | -232.94 million BoP, current US$ | +2.8% |
| 1999 | -134.41 million BoP, current US$ | -42.3% |
| 2000 | -480.43 million BoP, current US$ | +257.4% |
| 2001 | -149.66 million BoP, current US$ | -68.8% |
| 2002 | 106.24 million BoP, current US$ | -171.0% |
| 2003 | -156.28 million BoP, current US$ | -247.1% |
| 2004 | -231.66 million BoP, current US$ | +48.2% |
| 2005 | -417.87 million BoP, current US$ | +80.4% |
| 2006 | -530.70 million BoP, current US$ | +27.0% |
| 2007 | -159.24 million BoP, current US$ | -70.0% |
| 2008 | -76.96 million BoP, current US$ | -51.7% |
| 2009 | -557.79 million BoP, current US$ | +624.8% |
| 2010 | -419.70 million BoP, current US$ | -24.8% |
| 2011 | -13.01 million BoP, current US$ | -96.9% |
| 2012 | 151.22 million BoP, current US$ | -1262.4% |
| 2013 | 270.31 million BoP, current US$ | +78.8% |
| 2014 | 991.73 million BoP, current US$ | +266.9% |
| 2015 | 300.54 million BoP, current US$ | -69.7% |
| 2016 | -66.36 million BoP, current US$ | -122.1% |
| 2017 | 2.71 billion BoP, current US$ | -4188.3% |
| 2018 | 2.16 billion BoP, current US$ | -20.5% |
| 2019 | 2.92 billion BoP, current US$ | +35.2% |
| 2020 | 2.64 billion BoP, current US$ | -9.4% |
| 2021 | 1.84 billion BoP, current US$ | -30.2% |
| 2022 | -535.60 million BoP, current US$ | -129.0% |
| 2023 | 1.48 billion BoP, current US$ | -376.2% |
| 2024 | 1.78 billion BoP, current US$ | +20.2% |
Malta compared with similar countries
- Malta's 1.78 billion BoP, current US$ is above the median for high income countries, which is 194.40 million BoP, current US$, 9.1× the median. (72 countries reporting)
- Malta's 1.78 billion BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -822.96 million BoP, current US$. (22 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$) 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 | +4188.3% | -66.36 million BoP, current US$ | 2.71 billion BoP, current US$ |
| 1972 | +1735.1% | 1.23 million BoP, current US$ | 22.54 million BoP, current US$ |
| 2012 | +1262.4% | -13.01 million BoP, current US$ | 151.22 million BoP, current US$ |
| 1975 | +1042.1% | 5.19 million BoP, current US$ | 59.25 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.99 million BoP, current US$ | 1.23 million BoP, current US$ | 72.65 million BoP, current US$ | 9 |
| 1980s | 19.62 million BoP, current US$ | -25.79 million BoP, current US$ | 86.37 million BoP, current US$ | 10 |
| 1990s | -164.50 million BoP, current US$ | -422.33 million BoP, current US$ | 30.24 million BoP, current US$ | 10 |
| 2000s | -265.44 million BoP, current US$ | -557.79 million BoP, current US$ | 106.24 million BoP, current US$ | 10 |
| 2010s | 900.03 million BoP, current US$ | -419.70 million BoP, current US$ | 2.92 billion BoP, current US$ | 10 |
| 2020s | 1.44 billion BoP, current US$ | -535.60 million BoP, current US$ | 2.64 billion BoP, current US$ | 5 |
Countries ranked near Malta
- 43 Bermuda 2.08 billion BoP, current US$ compare
- 44 Laos 2.03 billion BoP, current US$ compare
- 45 Libya 1.86 billion BoP, current US$ compare
- 47 Sri Lanka 1.72 billion BoP, current US$ compare
- 48 Congo 1.72 billion BoP, current US$ compare
- 49 Trinidad and Tobago 1.29 billion BoP, current US$ 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 in Malta?
- Current account balance in Malta was 1.78 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Malta?
- The highest recorded value was 2.92 billion BoP, current US$ in 2019.
- What is the lowest current account balance recorded in Malta?
- The lowest recorded value was -557.79 million BoP, current US$ in 2009.
- How does Malta rank for current account balance?
- Malta ranks 46th out of 200 countries with data for 2024.
- Is current account balance rising or falling in Malta?
- Over the last ten years it is up 79.3%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.