Personal remittances, received in Malta
Malta: Personal remittances, received was 15.66 million current US$ in 2024. ◆ Volatile
Personal remittances, received in Malta, 1971–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Malta recorded 15.66 million current US$ for personal remittances, received in 2024.
That represents a change of up 0.6% on the previous year and down 93.8% over ten years.
Over the whole period, personal remittances, received in Malta peaked at 319.22 million current US$ in 2004 and was at its lowest, 9.11 million current US$, in 1997.
That places Malta 186th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Malta, year by year
| Year | current US$ | Change |
|---|---|---|
| 1971 | 18.18 million current US$ | — |
| 1972 | 17.82 million current US$ | -2.0% |
| 1973 | 19.52 million current US$ | +9.6% |
| 1974 | 18.68 million current US$ | -4.3% |
| 1975 | 21.83 million current US$ | +16.9% |
| 1976 | 32.23 million current US$ | +47.6% |
| 1977 | 36.23 million current US$ | +12.4% |
| 1978 | 26.47 million current US$ | -26.9% |
| 1979 | 28.73 million current US$ | +8.6% |
| 1980 | 35.03 million current US$ | +21.9% |
| 1981 | 28.19 million current US$ | -19.5% |
| 1982 | 39.31 million current US$ | +39.4% |
| 1983 | 42.78 million current US$ | +8.8% |
| 1984 | 36.87 million current US$ | -13.8% |
| 1985 | 34.74 million current US$ | -5.8% |
| 1986 | 45.80 million current US$ | +31.8% |
| 1987 | 46.02 million current US$ | +0.5% |
| 1988 | 51.68 million current US$ | +12.3% |
| 1989 | 70.02 million current US$ | +35.5% |
| 1990 | 58.21 million current US$ | -16.9% |
| 1991 | 42.02 million current US$ | -27.8% |
| 1992 | 30.49 million current US$ | -27.4% |
| 1993 | 25.45 million current US$ | -16.5% |
| 1994 | 23.55 million current US$ | -7.5% |
| 1995 | 15.19 million current US$ | -35.5% |
| 1996 | 13.12 million current US$ | -13.6% |
| 1997 | 9.11 million current US$ | -30.6% |
| 1998 | 13.10 million current US$ | +43.7% |
| 1999 | 20.14 million current US$ | +53.7% |
| 2000 | 17.50 million current US$ | -13.1% |
| 2001 | 12.93 million current US$ | -26.1% |
| 2002 | 21.20 million current US$ | +64.0% |
| 2003 | 25.79 million current US$ | +21.7% |
| 2004 | 319.22 million current US$ | +1137.5% |
| 2005 | 222.08 million current US$ | -30.4% |
| 2006 | 208.80 million current US$ | -6.0% |
| 2007 | 229.29 million current US$ | +9.8% |
| 2008 | 264.46 million current US$ | +15.3% |
| 2009 | 259.90 million current US$ | -1.7% |
| 2010 | 229.57 million current US$ | -11.7% |
| 2011 | 227.12 million current US$ | -1.1% |
| 2012 | 200.11 million current US$ | -11.9% |
| 2013 | 245.88 million current US$ | +22.9% |
| 2014 | 252.78 million current US$ | +2.8% |
| 2015 | 274.40 million current US$ | +8.6% |
| 2016 | 251.43 million current US$ | -8.4% |
| 2017 | 24.26 million current US$ | -90.4% |
| 2018 | 20.65 million current US$ | -14.9% |
| 2019 | 13.19 million current US$ | -36.1% |
| 2020 | 13.72 million current US$ | +4.0% |
| 2021 | 13.97 million current US$ | +1.9% |
| 2022 | 12.34 million current US$ | -11.7% |
| 2023 | 15.58 million current US$ | +26.2% |
| 2024 | 15.66 million current US$ | +0.6% |
Malta compared with similar countries
- Malta's 15.66 million current US$ is below the median for high income countries, which is 844.01 million current US$, 2% of the median. (69 countries reporting)
- Malta's 15.66 million current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.16 billion current US$, 1% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received in Malta changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +1137.5% | 25.79 million current US$ | 319.22 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.41 million current US$ | 17.82 million current US$ | 36.23 million current US$ | 9 |
| 1980s | 43.04 million current US$ | 28.19 million current US$ | 70.02 million current US$ | 10 |
| 1990s | 25.04 million current US$ | 9.11 million current US$ | 58.21 million current US$ | 10 |
| 2000s | 158.12 million current US$ | 12.93 million current US$ | 319.22 million current US$ | 10 |
| 2010s | 173.94 million current US$ | 13.19 million current US$ | 274.40 million current US$ | 10 |
| 2020s | 14.26 million current US$ | 12.34 million current US$ | 15.66 million current US$ | 5 |
Countries ranked near Malta
- 183 Somalia 21.70 million current US$ compare
- 184 Gabon 18.46 million current US$ compare
- 185 Libya 16.00 million current US$ compare
- 187 Seychelles 11.95 million current US$ compare
- 188 Cayman Islands 11.50 million current US$ compare
- 189 Turks and Caicos Islands 7.48 million current US$ 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)
- 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$), annual growth rate 8.88 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received in Malta?
- Personal remittances, received in Malta was 15.66 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Malta?
- The highest recorded value was 319.22 million current US$ in 2004.
- What is the lowest personal remittances, received recorded in Malta?
- The lowest recorded value was 9.11 million current US$ in 1997.
- How does Malta rank for personal remittances, received?
- Malta ranks 186th out of 197 countries with data for 2024.
- Is personal remittances, received rising or falling in Malta?
- Over the last ten years it is down 93.8%. 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, received (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.