Gross savings in Malta
Malta: Gross savings was 25.9% in 2024. ▼ Falling
Gross savings in Malta, 1971–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for gross savings in Malta is 25.9%, measured in 2024.
That represents a change of down 0.8% on the previous year and up 11.1% over ten years.
Over the whole period, gross savings in Malta peaked at 35.1% in 1981 and was at its lowest, 12.9%, in 2006.
Malta ranks 60th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Gross savings in Malta, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 23.6% | — |
| 1972 | 20.1% | -14.8% |
| 1973 | 16.4% | -18.4% |
| 1974 | 17.6% | +7.0% |
| 1975 | 28.3% | +61.0% |
| 1976 | 32.0% | +13.1% |
| 1977 | 26.6% | -16.8% |
| 1978 | 28.2% | +5.9% |
| 1979 | 30.0% | +6.5% |
| 1980 | 31.1% | +3.6% |
| 1981 | 35.1% | +12.9% |
| 1982 | 32.5% | -7.5% |
| 1983 | 28.8% | -11.3% |
| 1984 | 29.2% | +1.2% |
| 1985 | 25.1% | -14.1% |
| 1986 | 25.6% | +2.2% |
| 1987 | 28.6% | +11.5% |
| 1988 | 31.4% | +9.9% |
| 1989 | 28.8% | -8.4% |
| 1990 | 30.8% | +6.9% |
| 1991 | 31.1% | +1.0% |
| 1992 | 28.6% | -7.9% |
| 1993 | 26.6% | -6.9% |
| 1994 | 25.9% | -2.7% |
| 1995 | 24.3% | -6.1% |
| 1996 | 20.2% | -17.0% |
| 1997 | 22.3% | +10.3% |
| 1998 | 20.7% | -7.2% |
| 1999 | 22.2% | +7.2% |
| 2000 | 16.2% | -26.8% |
| 2001 | 18.1% | +11.5% |
| 2002 | 21.1% | +16.7% |
| 2003 | 19.0% | -9.8% |
| 2004 | 17.5% | -8.3% |
| 2005 | 14.1% | -19.5% |
| 2006 | 12.9% | -7.9% |
| 2007 | 16.4% | +26.4% |
| 2008 | 17.7% | +8.0% |
| 2009 | 14.5% | -17.9% |
| 2010 | 18.1% | +24.9% |
| 2011 | 17.7% | -2.4% |
| 2012 | 18.6% | +5.1% |
| 2013 | 19.3% | +3.9% |
| 2014 | 23.3% | +20.7% |
| 2015 | 25.9% | +11.2% |
| 2016 | 22.5% | -13.1% |
| 2017 | 33.3% | +48.0% |
| 2018 | 29.7% | -10.8% |
| 2019 | 27.6% | -7.1% |
| 2020 | 22.3% | -19.2% |
| 2021 | 27.0% | +21.0% |
| 2022 | 28.5% | +5.5% |
| 2023 | 26.1% | -8.3% |
| 2024 | 25.9% | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.8% | 16.4% | 32.0% | 9 |
| 1980s | 29.6% | 25.1% | 35.1% | 10 |
| 1990s | 25.3% | 20.2% | 31.1% | 10 |
| 2000s | 16.7% | 12.9% | 21.1% | 10 |
| 2010s | 23.6% | 17.7% | 33.3% | 10 |
| 2020s | 25.9% | 22.3% | 28.5% | 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)
- 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 savings in Malta?
- Gross savings in Malta was 25.9% 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 35.1% in 1981.
- What is the lowest gross savings recorded in Malta?
- The lowest recorded value was 12.9% in 2006.
- How does Malta rank for gross savings?
- Malta ranks 60th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Malta?
- Over the last ten years it is up 11.1%. The long-run trend across the full record is falling.
- Where does this Malta data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.