Personal remittances, paid (current US$) (IMF balance) in Malta
Malta: Personal remittances, paid (current US$) (IMF balance) was 226.41 million current US$ in 2024. ◆ Volatile
Personal remittances, paid in Malta, 1971–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, paid in Malta is 226.41 million current US$, measured in 2024.
Compared with earlier readings it is up 12.8% on the previous year and down 79.7% over ten years.
Over the whole period, personal remittances, paid in Malta peaked at 1.86 billion current US$ in 2009 and was at its lowest, 1.85 million current US$, in 1993.
That places Malta 108th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$) (IMF balance) in Malta, year by year
| Year | current US$ | Change |
|---|---|---|
| 1971 | 3.19 million current US$ | — |
| 1972 | 4.19 million current US$ | +31.3% |
| 1973 | 4.61 million current US$ | +9.9% |
| 1974 | 3.37 million current US$ | -26.8% |
| 1975 | 3.90 million current US$ | +15.6% |
| 1976 | 4.94 million current US$ | +26.7% |
| 1977 | 3.08 million current US$ | -37.7% |
| 1978 | 5.71 million current US$ | +85.4% |
| 1979 | 6.70 million current US$ | +17.3% |
| 1980 | 7.53 million current US$ | +12.4% |
| 1981 | 7.50 million current US$ | -0.4% |
| 1982 | 5.10 million current US$ | -32.1% |
| 1983 | 4.39 million current US$ | -13.8% |
| 1984 | 6.07 million current US$ | +38.2% |
| 1985 | 4.69 million current US$ | -22.8% |
| 1986 | 6.11 million current US$ | +30.2% |
| 1987 | 8.39 million current US$ | +37.4% |
| 1988 | 9.37 million current US$ | +11.6% |
| 1989 | 23.53 million current US$ | +151.1% |
| 1990 | 24.80 million current US$ | +5.4% |
| 1991 | 8.38 million current US$ | -66.2% |
| 1992 | 5.13 million current US$ | -38.8% |
| 1993 | 1.85 million current US$ | -63.9% |
| 1994 | 2.92 million current US$ | +57.4% |
| 1995 | 8.72 million current US$ | +199.1% |
| 1996 | 9.27 million current US$ | +6.3% |
| 1997 | 9.01 million current US$ | -2.9% |
| 1998 | 6.89 million current US$ | -23.5% |
| 1999 | 9.88 million current US$ | +43.4% |
| 2000 | 8.40 million current US$ | -14.9% |
| 2001 | 8.42 million current US$ | +0.2% |
| 2002 | 9.39 million current US$ | +11.5% |
| 2003 | 11.53 million current US$ | +22.8% |
| 2004 | 376.04 million current US$ | +3160.9% |
| 2005 | 192.23 million current US$ | -48.9% |
| 2006 | 222.75 million current US$ | +15.9% |
| 2007 | 258.54 million current US$ | +16.1% |
| 2008 | 1.32 billion current US$ | +410.7% |
| 2009 | 1.86 billion current US$ | +41.2% |
| 2010 | 1.61 billion current US$ | -13.5% |
| 2011 | 1.11 billion current US$ | -31.3% |
| 2012 | 1.05 billion current US$ | -5.2% |
| 2013 | 1.11 billion current US$ | +5.5% |
| 2014 | 1.11 billion current US$ | +0.5% |
| 2015 | 403.79 million current US$ | -63.7% |
| 2016 | 450.71 million current US$ | +11.6% |
| 2017 | 115.19 million current US$ | -74.4% |
| 2018 | 130.50 million current US$ | +13.3% |
| 2019 | 133.11 million current US$ | +2.0% |
| 2020 | 136.13 million current US$ | +2.3% |
| 2021 | 151.71 million current US$ | +11.4% |
| 2022 | 168.03 million current US$ | +10.8% |
| 2023 | 200.65 million current US$ | +19.4% |
| 2024 | 226.41 million current US$ | +12.8% |
Malta compared with similar countries
- Malta's 226.41 million current US$ is below the median for high income countries, which is 1.15 billion current US$, 20% of the median. (71 countries reporting)
- Malta's 226.41 million current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 576.90 million current US$, 39% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$) (IMF balance) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +3160.9% | 11.53 million current US$ | 376.04 million current US$ |
| 2008 | +410.7% | 258.54 million current US$ | 1.32 billion current US$ |
| 1995 | +199.1% | 2.92 million current US$ | 8.72 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.41 million current US$ | 3.08 million current US$ | 6.70 million current US$ | 9 |
| 1980s | 8.27 million current US$ | 4.39 million current US$ | 23.53 million current US$ | 10 |
| 1990s | 8.68 million current US$ | 1.85 million current US$ | 24.80 million current US$ | 10 |
| 2000s | 427.13 million current US$ | 8.40 million current US$ | 1.86 billion current US$ | 10 |
| 2010s | 722.38 million current US$ | 115.19 million current US$ | 1.61 billion current US$ | 10 |
| 2020s | 176.59 million current US$ | 136.13 million current US$ | 226.41 million current US$ | 5 |
Countries ranked near Malta
More economy & growth data for Malta
- Real gdp growth, annual growth rate -36.23 % change on previous year (2025)
- 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)
Frequently asked questions
- What is personal remittances, paid in Malta?
- Personal remittances, paid in Malta was 226.41 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Malta?
- The highest recorded value was 1.86 billion current US$ in 2009.
- What is the lowest personal remittances, paid recorded in Malta?
- The lowest recorded value was 1.85 million current US$ in 1993.
- How does Malta rank for personal remittances, paid?
- Malta ranks 108th out of 196 countries with data for 2024.
- Is personal remittances, paid rising or falling in Malta?
- Over the last ten years it is down 79.7%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.