Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malta
Malta: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 17,305 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malta, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Malta stood at 17,305 million SLC. That is the highest value across all 55 years on record.
That represents a change of up 6.0% on the previous year and up 85.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Malta peaked at 17,305 million SLC in 2024 and was at its lowest, 958.65 million SLC, in 1970.
Malta ranks 156th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malta, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 958.65 million SLC | — |
| 1971 | 982.18 million SLC | +2.5% |
| 1972 | 1,040 million SLC | +5.8% |
| 1973 | 1,083 million SLC | +4.1% |
| 1974 | 1,191 million SLC | +10.0% |
| 1975 | 1,424 million SLC | +19.6% |
| 1976 | 1,667 million SLC | +17.0% |
| 1977 | 1,870 million SLC | +12.2% |
| 1978 | 2,078 million SLC | +11.2% |
| 1979 | 2,296 million SLC | +10.5% |
| 1980 | 2,458 million SLC | +7.0% |
| 1981 | 2,540 million SLC | +3.3% |
| 1982 | 2,598 million SLC | +2.3% |
| 1983 | 2,582 million SLC | -0.6% |
| 1984 | 2,606 million SLC | +0.9% |
| 1985 | 2,674 million SLC | +2.6% |
| 1986 | 2,777 million SLC | +3.9% |
| 1987 | 2,892 million SLC | +4.1% |
| 1988 | 3,135 million SLC | +8.4% |
| 1989 | 3,391 million SLC | +8.2% |
| 1990 | 3,605 million SLC | +6.3% |
| 1991 | 3,830 million SLC | +6.3% |
| 1992 | 4,010 million SLC | +4.7% |
| 1993 | 4,190 million SLC | +4.5% |
| 1994 | 4,426 million SLC | +5.7% |
| 1995 | 4,707 million SLC | +6.3% |
| 1996 | 4,885 million SLC | +3.8% |
| 1997 | 5,142 million SLC | +5.3% |
| 1998 | 5,405 million SLC | +5.1% |
| 1999 | 5,660 million SLC | +4.7% |
| 2000 | 6,040 million SLC | +6.7% |
| 2001 | 5,994 million SLC | -0.8% |
| 2002 | 6,158 million SLC | +2.7% |
| 2003 | 6,386 million SLC | +3.7% |
| 2004 | 6,412 million SLC | +0.4% |
| 2005 | 6,596 million SLC | +2.9% |
| 2006 | 6,750 million SLC | +2.3% |
| 2007 | 7,090 million SLC | +5.0% |
| 2008 | 7,403 million SLC | +4.4% |
| 2009 | 7,300 million SLC | -1.4% |
| 2010 | 7,752 million SLC | +6.2% |
| 2011 | 7,829 million SLC | +1.0% |
| 2012 | 8,150 million SLC | +4.1% |
| 2013 | 8,663 million SLC | +6.3% |
| 2014 | 9,324 million SLC | +7.6% |
| 2015 | 10,221 million SLC | +9.6% |
| 2016 | 10,638 million SLC | +4.1% |
| 2017 | 12,018 million SLC | +13.0% |
| 2018 | 12,882 million SLC | +7.2% |
| 2019 | 13,408 million SLC | +4.1% |
| 2020 | 12,961 million SLC | -3.3% |
| 2021 | 14,677 million SLC | +13.2% |
| 2022 | 15,305 million SLC | +4.3% |
| 2023 | 16,330 million SLC | +6.7% |
| 2024 | 17,305 million SLC | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,459 million SLC | 958.65 million SLC | 2,296 million SLC | 10 |
| 1980s | 2,765 million SLC | 2,458 million SLC | 3,391 million SLC | 10 |
| 1990s | 4,586 million SLC | 3,605 million SLC | 5,660 million SLC | 10 |
| 2000s | 6,613 million SLC | 5,994 million SLC | 7,403 million SLC | 10 |
| 2010s | 10,089 million SLC | 7,752 million SLC | 13,408 million SLC | 10 |
| 2020s | 15,316 million SLC | 12,961 million SLC | 17,305 million SLC | 5 |
Countries ranked near Malta
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0534 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,559 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0473 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,265 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.037 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,772 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1,974 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.76 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Malta?
- Gross domestic product — value standard local currency, 2015 prices in Malta was 17,305 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Malta?
- The highest recorded value was 17,305 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Malta?
- The lowest recorded value was 958.65 million SLC in 1970.
- How does Malta rank for gross domestic product — value standard local currency, 2015 prices?
- Malta ranks 156th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Malta?
- Over the last ten years it is up 85.6%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).