Gross public sector debt as a share of gross domestic product in Malta
Malta: Gross public sector debt as a share of gross domestic product was 46.0% in 2024. ▼ Falling
Gross public sector debt as a share of gross domestic product in Malta, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for gross public sector debt as a share of gross domestic product in Malta is 46.0%, measured in 2024.
That represents a change of down 2.0% on the previous year and down 24.2% over ten years.
Over the whole period, gross public sector debt as a share of gross domestic product in Malta peaked at 71.2% in 2004 and was at its lowest, 39.2%, in 2019.
That places Malta 31st out of 49 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Gross public sector debt as a share of gross domestic product in Malta, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 61.1% | — |
| 2001 | 65.1% | +6.6% |
| 2002 | 63.3% | -2.8% |
| 2003 | 69.0% | +8.9% |
| 2004 | 71.2% | +3.2% |
| 2005 | 70.1% | -1.5% |
| 2006 | 64.5% | -8.0% |
| 2007 | 62.0% | -3.9% |
| 2008 | 61.5% | -0.8% |
| 2009 | 66.0% | +7.4% |
| 2010 | 65.0% | -1.5% |
| 2011 | 68.9% | +6.0% |
| 2012 | 65.6% | -4.8% |
| 2013 | 64.9% | -1.0% |
| 2014 | 60.7% | -6.5% |
| 2015 | 55.0% | -9.4% |
| 2016 | 53.1% | -3.4% |
| 2017 | 45.5% | -14.3% |
| 2018 | 41.4% | -9.0% |
| 2019 | 39.2% | -5.3% |
| 2020 | 48.8% | +24.4% |
| 2021 | 49.8% | +2.0% |
| 2022 | 50.3% | +1.0% |
| 2023 | 47.0% | -6.7% |
| 2024 | 46.0% | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 65.4% | 61.1% | 71.2% | 10 |
| 2010s | 55.9% | 39.2% | 68.9% | 10 |
| 2020s | 48.4% | 46.0% | 50.3% | 5 |
Countries ranked near Malta
- 28 Canada 47.4% compare
- 29 Seychelles 46.8% compare
- 30 Netherlands 46.4% compare
- 32 Mexico 46.0% compare
- 33 Republic of Korea 45.5% compare
- 34 Germany 43.7% 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)
- Services, value added (current US$), annual growth rate 10.55 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.8133 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 38,963 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.89 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.7198 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 34,481 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.35 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5878 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross public sector debt as a share of gross domestic product in Malta?
- Gross public sector debt as a share of gross domestic product in Malta was 46.0% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest gross public sector debt as a share of gross domestic product recorded in Malta?
- The highest recorded value was 71.2% in 2004.
- What is the lowest gross public sector debt as a share of gross domestic product recorded in Malta?
- The lowest recorded value was 39.2% in 2019.
- How does Malta rank for gross public sector debt as a share of gross domestic product?
- Malta ranks 31st out of 49 countries with data for 2024.
- Is gross public sector debt as a share of gross domestic product rising or falling in Malta?
- Over the last ten years it is down 24.2%. The long-run trend across the full record is falling.
- Where does this Malta data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).