Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Malta

Malta: Gross Domestic Product — Value US$, 2015 prices, annual growth rate was 5.97 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.97 % change on previous year
Change on year
down 10.9%
World rank
24th
of 236 countries
All-time high
19.56 % change on previous year
in 1975
All-time low
-3.34 % change on previous year
in 2020
Years of data
54
1971–2024

Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Malta, 1971–2024

-505101520197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross domestic product — value us$, 2015 prices, annual growth rate in Malta is 5.97 % change on previous year, measured in 2024.

The figure is down 10.9% on the previous year and down 21.8% over ten years.

Over the whole period, gross domestic product — value us$, 2015 prices, annual growth rate in Malta peaked at 19.56 % change on previous year in 1975 and was at its lowest, -3.34 % change on previous year, in 2020.

That places Malta 24th out of 236 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Malta, year by year

Annual values for Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Malta, 1971 to 2024.
Year % change on previous year Change
1971 2.45 % change on previous year
1972 5.84 % change on previous year +137.9%
1973 4.15 % change on previous year -29.0%
1974 10.04 % change on previous year +142.1%
1975 19.56 % change on previous year +94.9%
1976 17.02 % change on previous year -13.0%
1977 12.18 % change on previous year -28.4%
1978 11.16 % change on previous year -8.4%
1979 10.49 % change on previous year -6.0%
1980 7.05 % change on previous year -32.8%
1981 3.31 % change on previous year -53.0%
1982 2.28 % change on previous year -31.0%
1983 -0.6124 % change on previous year -126.8%
1984 0.9422 % change on previous year -253.9%
1985 2.59 % change on previous year +174.4%
1986 3.89 % change on previous year +50.3%
1987 4.11 % change on previous year +5.8%
1988 8.41 % change on previous year +104.7%
1989 8.18 % change on previous year -2.8%
1990 6.29 % change on previous year -23.1%
1991 6.26 % change on previous year -0.6%
1992 4.69 % change on previous year -25.0%
1993 4.48 % change on previous year -4.5%
1994 5.65 % change on previous year +26.1%
1995 6.34 % change on previous year +12.2%
1996 3.78 % change on previous year -40.4%
1997 5.26 % change on previous year +39.2%
1998 5.13 % change on previous year -2.5%
1999 4.72 % change on previous year -7.9%
2000 6.7 % change on previous year +41.9%
2001 -0.7566 % change on previous year -111.3%
2002 2.74 % change on previous year -462.3%
2003 3.69 % change on previous year +34.8%
2004 0.4071 % change on previous year -89.0%
2005 2.88 % change on previous year +607.7%
2006 2.34 % change on previous year -18.9%
2007 5.04 % change on previous year +115.6%
2008 4.41 % change on previous year -12.4%
2009 -1.4 % change on previous year -131.6%
2010 6.2 % change on previous year -544.1%
2011 0.9919 % change on previous year -84.0%
2012 4.1 % change on previous year +313.6%
2013 6.29 % change on previous year +53.4%
2014 7.63 % change on previous year +21.3%
2015 9.62 % change on previous year +26.1%
2016 4.08 % change on previous year -57.6%
2017 12.97 % change on previous year +218.1%
2018 7.19 % change on previous year -44.6%
2019 4.08 % change on previous year -43.2%
2020 -3.34 % change on previous year -181.7%
2021 13.24 % change on previous year -496.7%
2022 4.28 % change on previous year -67.7%
2023 6.7 % change on previous year +56.4%
2024 5.97 % change on previous year -10.9%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, 2015 prices, annual growth rate 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.

YearChange FromTo
2005 +607.7% 0.4071 % change on previous year 2.88 % change on previous year
2010 +544.1% -1.4 % change on previous year 6.2 % change on previous year
2021 +496.7% -3.34 % change on previous year 13.24 % change on previous year
2002 +462.3% -0.7566 % change on previous year 2.74 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.32 % change on previous year 2.45 % change on previous year 19.56 % change on previous year 9
1980s 4.02 % change on previous year -0.6124 % change on previous year 8.41 % change on previous year 10
1990s 5.26 % change on previous year 3.78 % change on previous year 6.34 % change on previous year 10
2000s 2.61 % change on previous year -1.4 % change on previous year 6.7 % change on previous year 10
2010s 6.32 % change on previous year 0.9919 % change on previous year 12.97 % change on previous year 10
2020s 5.37 % change on previous year -3.34 % change on previous year 13.24 % change on previous year 5

Countries ranked near Malta

  1. 21 India 6.48 % change on previous year compare
  2. 22 Uganda 6.14 % change on previous year compare
  3. 23 Cambodia 6.02 % change on previous year compare
  4. 25 Djibouti 5.95 % change on previous year compare
  5. 26 Cote d'Ivoire 5.95 % change on previous year compare
  6. 26 Côte d'Ivoire 5.95 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Malta

All data for Malta →

Frequently asked questions

What is gross domestic product — value us$, 2015 prices, annual growth rate in Malta?
Gross domestic product — value us$, 2015 prices, annual growth rate in Malta was 5.97 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Malta?
The highest recorded value was 19.56 % change on previous year in 1975.
What is the lowest gross domestic product — value us$, 2015 prices, annual growth rate recorded in Malta?
The lowest recorded value was -3.34 % change on previous year in 2020.
How does Malta rank for gross domestic product — value us$, 2015 prices, annual growth rate?
Malta ranks 24th out of 236 countries with data for 2024.
Is gross domestic product — value us$, 2015 prices, annual growth rate rising or falling in Malta?
Over the last ten years it is down 21.8%. The long-run trend across the full record is volatile.
Where does this Malta data come from?
The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Malta. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices-annual-growth-rate/malta/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices-annual-growth-rate/malta/">Gross Domestic Product — Value US$, 2015 prices, annual growth rate in Malta</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Domestic Product — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,306 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.