Gross Domestic Product — Value Standard Local Currency in Malta
Malta: Gross Domestic Product — Value Standard Local Currency was 22,472 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Malta, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Malta recorded 22,472 million SLC for gross domestic product — value standard local currency in 2024. That is the highest value across all 55 years on record.
The figure is up 9.4% on the previous year and up 151.1% over ten years.
Over the whole period, gross domestic product — value standard local currency in Malta peaked at 22,472 million SLC in 2024 and was at its lowest, 253.27 million SLC, in 1970.
Malta ranks 174th of 218 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 in Malta, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 253.27 million SLC | — |
| 1971 | 261.13 million SLC | +3.1% |
| 1972 | 272.99 million SLC | +4.5% |
| 1973 | 309.01 million SLC | +13.2% |
| 1974 | 351.46 million SLC | +13.7% |
| 1975 | 442.74 million SLC | +26.0% |
| 1976 | 544.12 million SLC | +22.9% |
| 1977 | 640.46 million SLC | +17.7% |
| 1978 | 741.52 million SLC | +15.8% |
| 1979 | 870.16 million SLC | +17.3% |
| 1980 | 1,047 million SLC | +20.3% |
| 1981 | 1,166 million SLC | +11.4% |
| 1982 | 1,233 million SLC | +5.8% |
| 1983 | 1,222 million SLC | -0.9% |
| 1984 | 1,231 million SLC | +0.8% |
| 1985 | 1,271 million SLC | +3.2% |
| 1986 | 1,367 million SLC | +7.5% |
| 1987 | 1,467 million SLC | +7.3% |
| 1988 | 1,620 million SLC | +10.4% |
| 1989 | 1,790 million SLC | +10.5% |
| 1990 | 1,963 million SLC | +9.6% |
| 1991 | 2,155 million SLC | +9.8% |
| 1992 | 2,336 million SLC | +8.4% |
| 1993 | 2,511 million SLC | +7.5% |
| 1994 | 2,747 million SLC | +9.4% |
| 1995 | 3,051 million SLC | +11.0% |
| 1996 | 3,210 million SLC | +5.2% |
| 1997 | 3,405 million SLC | +6.1% |
| 1998 | 3,629 million SLC | +6.6% |
| 1999 | 3,821 million SLC | +5.3% |
| 2000 | 4,120 million SLC | +7.8% |
| 2001 | 4,268 million SLC | +3.6% |
| 2002 | 4,500 million SLC | +5.4% |
| 2003 | 4,761 million SLC | +5.8% |
| 2004 | 4,901 million SLC | +2.9% |
| 2005 | 5,141 million SLC | +4.9% |
| 2006 | 5,381 million SLC | +4.7% |
| 2007 | 5,778 million SLC | +7.4% |
| 2008 | 6,236 million SLC | +7.9% |
| 2009 | 6,288 million SLC | +0.8% |
| 2010 | 6,862 million SLC | +9.1% |
| 2011 | 7,033 million SLC | +2.5% |
| 2012 | 7,480 million SLC | +6.4% |
| 2013 | 8,129 million SLC | +8.7% |
| 2014 | 8,948 million SLC | +10.1% |
| 2015 | 10,221 million SLC | +14.2% |
| 2016 | 10,864 million SLC | +6.3% |
| 2017 | 12,536 million SLC | +15.4% |
| 2018 | 13,679 million SLC | +9.1% |
| 2019 | 14,594 million SLC | +6.7% |
| 2020 | 14,370 million SLC | -1.5% |
| 2021 | 16,670 million SLC | +16.0% |
| 2022 | 18,266 million SLC | +9.6% |
| 2023 | 20,542 million SLC | +12.5% |
| 2024 | 22,472 million SLC | +9.4% |
Malta compared with similar countries
- Malta's 22,472 million SLC is below the median for high income countries, which is 257,567 million SLC, 9% of the median. (72 countries reporting)
- Malta's 22,472 million SLC is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.54 million million SLC, 1% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 468.68 million SLC | 253.27 million SLC | 870.16 million SLC | 10 |
| 1980s | 1,341 million SLC | 1,047 million SLC | 1,790 million SLC | 10 |
| 1990s | 2,883 million SLC | 1,963 million SLC | 3,821 million SLC | 10 |
| 2000s | 5,137 million SLC | 4,120 million SLC | 6,288 million SLC | 10 |
| 2010s | 10,035 million SLC | 6,862 million SLC | 14,594 million SLC | 10 |
| 2020s | 18,464 million SLC | 14,370 million SLC | 22,472 million SLC | 5 |
Countries ranked near Malta
- 171 El Salvador 35,534 million SLC compare
- 172 Cyprus 33,568 million SLC compare
- 173 Seychelles 30,825 million SLC compare
- 175 Ethiopia PDR 22,195 million SLC compare
- 176 Greenland 21,921 million SLC compare
- 177 Brunei Darussalam 20,705 million SLC 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 36.46 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 1.46 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 64,096 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 42.59 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 73.1 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 1.7 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 74,864 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 8.88 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency in Malta?
- Gross domestic product — value standard local currency in Malta was 22,472 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 recorded in Malta?
- The highest recorded value was 22,472 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Malta?
- The lowest recorded value was 253.27 million SLC in 1970.
- How does Malta rank for gross domestic product — value standard local currency?
- Malta ranks 174th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Malta?
- Over the last ten years it is up 151.1%. 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. 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).