Gross Domestic Product — Value US$ in Malta
Malta: Gross Domestic Product — Value US$ was 24,323 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Malta, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Malta recorded 24,323 million USD for gross domestic product — value us$ in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 9.5% on the previous year and up 104.6% over ten years.
Over the whole period, gross domestic product — value us$ in Malta peaked at 24,323 million USD in 2024 and was at its lowest, 260.95 million USD, in 1970.
Malta ranks 133rd of 236 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Malta, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 260.95 million USD | — |
| 1971 | 275.36 million USD | +5.5% |
| 1972 | 307.13 million USD | +11.5% |
| 1973 | 359.7 million USD | +17.1% |
| 1974 | 391.41 million USD | +8.8% |
| 1975 | 493.96 million USD | +26.2% |
| 1976 | 549.45 million USD | +11.2% |
| 1977 | 651.06 million USD | +18.5% |
| 1978 | 826.02 million USD | +26.9% |
| 1979 | 1,042 million USD | +26.2% |
| 1980 | 1,301 million USD | +24.9% |
| 1981 | 1,294 million USD | -0.5% |
| 1982 | 1,285 million USD | -0.7% |
| 1983 | 1,213 million USD | -5.6% |
| 1984 | 1,147 million USD | -5.5% |
| 1985 | 1,163 million USD | +1.5% |
| 1986 | 1,494 million USD | +28.4% |
| 1987 | 1,823 million USD | +22.0% |
| 1988 | 2,102 million USD | +15.3% |
| 1989 | 2,205 million USD | +4.9% |
| 1990 | 2,651 million USD | +20.2% |
| 1991 | 2,862 million USD | +8.0% |
| 1992 | 3,145 million USD | +9.9% |
| 1993 | 2,820 million USD | -10.3% |
| 1994 | 3,121 million USD | +10.7% |
| 1995 | 3,709 million USD | +18.9% |
| 1996 | 3,822 million USD | +3.0% |
| 1997 | 3,787 million USD | -0.9% |
| 1998 | 4,010 million USD | +5.9% |
| 1999 | 4,112 million USD | +2.5% |
| 2000 | 4,037 million USD | -1.8% |
| 2001 | 4,071 million USD | +0.8% |
| 2002 | 4,455 million USD | +9.4% |
| 2003 | 5,418 million USD | +21.6% |
| 2004 | 6,104 million USD | +12.7% |
| 2005 | 6,383 million USD | +4.6% |
| 2006 | 6,776 million USD | +6.2% |
| 2007 | 7,959 million USD | +17.5% |
| 2008 | 9,172 million USD | +15.2% |
| 2009 | 8,770 million USD | -4.4% |
| 2010 | 9,097 million USD | +3.7% |
| 2011 | 9,789 million USD | +7.6% |
| 2012 | 9,610 million USD | -1.8% |
| 2013 | 10,797 million USD | +12.4% |
| 2014 | 11,888 million USD | +10.1% |
| 2015 | 11,341 million USD | -4.6% |
| 2016 | 12,026 million USD | +6.0% |
| 2017 | 14,161 million USD | +17.8% |
| 2018 | 16,154 million USD | +14.1% |
| 2019 | 16,338 million USD | +1.1% |
| 2020 | 16,413 million USD | +0.5% |
| 2021 | 19,717 million USD | +20.1% |
| 2022 | 19,235 million USD | -2.4% |
| 2023 | 22,212 million USD | +15.5% |
| 2024 | 24,323 million USD | +9.5% |
Malta compared with similar countries
- Malta's 24,323 million USD is below the median for high income countries, which is 95,350 million USD, 26% of the median. (73 countries reporting)
- Malta's 24,323 million USD is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 80,409 million USD, 30% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 515.71 million USD | 260.95 million USD | 1,042 million USD | 10 |
| 1980s | 1,503 million USD | 1,147 million USD | 2,205 million USD | 10 |
| 1990s | 3,404 million USD | 2,651 million USD | 4,112 million USD | 10 |
| 2000s | 6,315 million USD | 4,037 million USD | 9,172 million USD | 10 |
| 2010s | 12,120 million USD | 9,097 million USD | 16,338 million USD | 10 |
| 2020s | 20,380 million USD | 16,413 million USD | 24,323 million USD | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0062 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Malta?
- Gross domestic product — value us$ in Malta was 24,323 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Malta?
- The highest recorded value was 24,323 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Malta?
- The lowest recorded value was 260.95 million USD in 1970.
- How does Malta rank for gross domestic product — value us$?
- Malta ranks 133rd out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Malta?
- Over the last ten years it is up 104.6%. 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 US$. Statizoid updates them automatically from the source API.
Download this data
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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).