GDP (current LCU) (UNICEF) in Malta
Malta: GDP (current LCU) (UNICEF) was 23.07 billion in 2024. ◆ Volatile
Latest (2024)
23.07 billion
Change on year
up 10.3%
World rank
66th
of 74 countries
All-time high
23.07 billion
in 2024
All-time low
243.35 million
in 1970
Years of data
55
1970–2024
GDP in Malta, 1970–2024
Source: UNICEF.
Analysis
Malta recorded 23.07 billion for gdp in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 10.3% on the previous year and up 157.8% over ten years.
Over the whole period, gdp in Malta peaked at 23.07 billion in 2024 and was at its lowest, 243.35 million, in 1970.
That places Malta 66th out of 74 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNICEF) in Malta, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 243.35 million | — |
| 1971 | 250.90 million | +3.1% |
| 1972 | 262.30 million | +4.5% |
| 1973 | 296.91 million | +13.2% |
| 1974 | 337.69 million | +13.7% |
| 1975 | 425.40 million | +26.0% |
| 1976 | 522.82 million | +22.9% |
| 1977 | 615.38 million | +17.7% |
| 1978 | 712.48 million | +15.8% |
| 1979 | 836.09 million | +17.3% |
| 1980 | 1.01 billion | +20.3% |
| 1981 | 1.12 billion | +11.4% |
| 1982 | 1.19 billion | +5.8% |
| 1983 | 1.17 billion | -0.9% |
| 1984 | 1.18 billion | +0.8% |
| 1985 | 1.22 billion | +3.2% |
| 1986 | 1.31 billion | +7.5% |
| 1987 | 1.41 billion | +7.3% |
| 1988 | 1.56 billion | +10.4% |
| 1989 | 1.72 billion | +10.5% |
| 1990 | 1.89 billion | +9.6% |
| 1991 | 2.07 billion | +9.8% |
| 1992 | 2.24 billion | +8.4% |
| 1993 | 2.41 billion | +7.5% |
| 1994 | 2.64 billion | +9.4% |
| 1995 | 3.05 billion | +15.6% |
| 1996 | 3.21 billion | +5.2% |
| 1997 | 3.40 billion | +6.1% |
| 1998 | 3.63 billion | +6.6% |
| 1999 | 3.82 billion | +5.3% |
| 2000 | 4.12 billion | +7.8% |
| 2001 | 4.27 billion | +3.6% |
| 2002 | 4.50 billion | +5.4% |
| 2003 | 4.76 billion | +5.8% |
| 2004 | 4.90 billion | +2.9% |
| 2005 | 5.14 billion | +4.9% |
| 2006 | 5.38 billion | +4.7% |
| 2007 | 5.78 billion | +7.4% |
| 2008 | 6.24 billion | +7.9% |
| 2009 | 6.29 billion | +0.8% |
| 2010 | 6.86 billion | +9.1% |
| 2011 | 7.03 billion | +2.5% |
| 2012 | 7.48 billion | +6.4% |
| 2013 | 8.13 billion | +8.7% |
| 2014 | 8.95 billion | +10.1% |
| 2015 | 10.22 billion | +14.2% |
| 2016 | 10.86 billion | +6.3% |
| 2017 | 12.54 billion | +15.4% |
| 2018 | 13.68 billion | +9.1% |
| 2019 | 14.59 billion | +6.7% |
| 2020 | 14.36 billion | -1.6% |
| 2021 | 16.69 billion | +16.2% |
| 2022 | 17.97 billion | +7.7% |
| 2023 | 20.91 billion | +16.3% |
| 2024 | 23.07 billion | +10.3% |
Malta compared with similar countries
- Malta's 23.07 billion is below the median for high income countries, which is 528.44 billion, 4% of the median. (42 countries reporting)
- Malta's 23.07 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.20 trillion, 2% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 450.33 million | 243.35 million | 836.09 million | 10 |
| 1980s | 1.29 billion | 1.01 billion | 1.72 billion | 10 |
| 1990s | 2.84 billion | 1.89 billion | 3.82 billion | 10 |
| 2000s | 5.14 billion | 4.12 billion | 6.29 billion | 10 |
| 2010s | 10.03 billion | 6.86 billion | 14.59 billion | 10 |
| 2020s | 18.60 billion | 14.36 billion | 23.07 billion | 5 |
Countries ranked near Malta
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 gdp in Malta?
- Gdp in Malta was 23.07 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Malta?
- The highest recorded value was 23.07 billion in 2024.
- What is the lowest gdp recorded in Malta?
- The lowest recorded value was 243.35 million in 1970.
- How does Malta rank for gdp?
- Malta ranks 66th out of 74 countries with data for 2024.
- Is gdp rising or falling in Malta?
- Over the last ten years it is up 157.8%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
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