Current account balance in Malta
Malta: Current account balance 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$, in 2009.
Malta ranks 45th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.99 million BoP, current US$ | 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
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 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 45th out of 198 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.