Gross savings in Malta
Malta: Gross savings was 5.99 billion current LCU in 2024. ◆ Volatile
Latest (2024)
5.99 billion current LCU
Change on year
up 9.7%
World rank
148th
of 178 countries
All-time high
5.99 billion current LCU
in 2024
All-time low
48.73 million current LCU
in 1973
Years of data
54
1971–2024
Gross savings in Malta, 1971–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, gross savings in Malta stood at 5.99 billion current LCU. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 9.7% on the previous year and up 187.3% over ten years.
Over the whole period, gross savings in Malta peaked at 5.99 billion current LCU in 2024 and was at its lowest, 48.73 million current LCU, in 1973.
Malta ranks 148th of 178 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 savings in Malta, year by year
| Year | current LCU | Change |
|---|---|---|
| 1971 | 59.22 million current LCU | — |
| 1972 | 52.75 million current LCU | -10.9% |
| 1973 | 48.73 million current LCU | -7.6% |
| 1974 | 59.29 million current LCU | +21.7% |
| 1975 | 120.25 million current LCU | +102.8% |
| 1976 | 167.21 million current LCU | +39.0% |
| 1977 | 163.75 million current LCU | -2.1% |
| 1978 | 200.85 million current LCU | +22.7% |
| 1979 | 250.99 million current LCU | +25.0% |
| 1980 | 313.00 million current LCU | +24.7% |
| 1981 | 393.37 million current LCU | +25.7% |
| 1982 | 384.96 million current LCU | -2.1% |
| 1983 | 338.43 million current LCU | -12.1% |
| 1984 | 345.23 million current LCU | +2.0% |
| 1985 | 306.14 million current LCU | -11.3% |
| 1986 | 336.55 million current LCU | +9.9% |
| 1987 | 402.71 million current LCU | +19.7% |
| 1988 | 488.76 million current LCU | +21.4% |
| 1989 | 494.93 million current LCU | +1.3% |
| 1990 | 579.98 million current LCU | +17.2% |
| 1991 | 643.11 million current LCU | +10.9% |
| 1992 | 642.20 million current LCU | -0.1% |
| 1993 | 642.67 million current LCU | +0.1% |
| 1994 | 683.98 million current LCU | +6.4% |
| 1995 | 742.09 million current LCU | +8.5% |
| 1996 | 647.77 million current LCU | -12.7% |
| 1997 | 757.80 million current LCU | +17.0% |
| 1998 | 749.83 million current LCU | -1.1% |
| 1999 | 846.71 million current LCU | +12.9% |
| 2000 | 668.37 million current LCU | -21.1% |
| 2001 | 771.76 million current LCU | +15.5% |
| 2002 | 950.02 million current LCU | +23.1% |
| 2003 | 906.40 million current LCU | -4.6% |
| 2004 | 855.70 million current LCU | -5.6% |
| 2005 | 722.46 million current LCU | -15.6% |
| 2006 | 696.57 million current LCU | -3.6% |
| 2007 | 945.57 million current LCU | +35.7% |
| 2008 | 1.10 billion current LCU | +16.6% |
| 2009 | 912.30 million current LCU | -17.3% |
| 2010 | 1.24 billion current LCU | +36.3% |
| 2011 | 1.24 billion current LCU | +0.0% |
| 2012 | 1.39 billion current LCU | +11.8% |
| 2013 | 1.57 billion current LCU | +12.9% |
| 2014 | 2.08 billion current LCU | +32.9% |
| 2015 | 2.65 billion current LCU | +27.0% |
| 2016 | 2.45 billion current LCU | -7.6% |
| 2017 | 4.18 billion current LCU | +70.8% |
| 2018 | 4.06 billion current LCU | -2.7% |
| 2019 | 4.03 billion current LCU | -0.9% |
| 2020 | 3.20 billion current LCU | -20.5% |
| 2021 | 4.50 billion current LCU | +40.5% |
| 2022 | 5.12 billion current LCU | +13.8% |
| 2023 | 5.46 billion current LCU | +6.7% |
| 2024 | 5.99 billion current LCU | +9.7% |
Malta compared with similar countries
- Malta's 5.99 billion current LCU is below the median for high income countries, which is 181.85 billion current LCU, 3% of the median. (63 countries reporting)
- Malta's 5.99 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 109.67 billion current LCU, 5% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 124.78 million current LCU | 48.73 million current LCU | 250.99 million current LCU | 9 |
| 1980s | 380.41 million current LCU | 306.14 million current LCU | 494.93 million current LCU | 10 |
| 1990s | 693.61 million current LCU | 579.98 million current LCU | 846.71 million current LCU | 10 |
| 2000s | 853.18 million current LCU | 668.37 million current LCU | 1.10 billion current LCU | 10 |
| 2010s | 2.49 billion current LCU | 1.24 billion current LCU | 4.18 billion current LCU | 10 |
| 2020s | 4.85 billion current LCU | 3.20 billion current LCU | 5.99 billion current LCU | 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)
- 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 savings in Malta?
- Gross savings in Malta was 5.99 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Malta?
- The highest recorded value was 5.99 billion current LCU in 2024.
- What is the lowest gross savings recorded in Malta?
- The lowest recorded value was 48.73 million current LCU in 1973.
- How does Malta rank for gross savings?
- Malta ranks 148th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Malta?
- Over the last ten years it is up 187.3%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.