Personal remittances, received in Malta
Malta: Personal remittances, received was 0.1% in 2024. ◆ Volatile
Personal remittances, received in Malta, 1971–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
Malta recorded 0.1% for personal remittances, received in 2024. That is the lowest value across all 54 years on record.
That represents a change of down 9.2% on the previous year and down 97.1% over ten years.
Over the whole period, personal remittances, received in Malta peaked at 6.9% in 1971 and was at its lowest, 0.1%, in 2024.
That places Malta 184th out of 195 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 | % of GDP | Change |
|---|---|---|
| 1971 | 6.9% | — |
| 1972 | 6.0% | -12.1% |
| 1973 | 5.6% | -6.5% |
| 1974 | 5.0% | -12.1% |
| 1975 | 4.6% | -7.4% |
| 1976 | 6.1% | +32.7% |
| 1977 | 5.8% | -5.1% |
| 1978 | 3.3% | -42.4% |
| 1979 | 2.9% | -13.9% |
| 1980 | 2.8% | -2.4% |
| 1981 | 2.3% | -19.1% |
| 1982 | 3.2% | +40.5% |
| 1983 | 3.7% | +15.3% |
| 1984 | 3.3% | -8.8% |
| 1985 | 3.1% | -7.1% |
| 1986 | 3.2% | +2.7% |
| 1987 | 2.6% | -17.7% |
| 1988 | 2.6% | -2.6% |
| 1989 | 3.3% | +29.1% |
| 1990 | 2.3% | -30.9% |
| 1991 | 1.5% | -33.1% |
| 1992 | 1.0% | -34.0% |
| 1993 | 0.9% | -6.9% |
| 1994 | 0.8% | -16.4% |
| 1995 | 0.4% | -47.9% |
| 1996 | 0.3% | -16.2% |
| 1997 | 0.2% | -29.9% |
| 1998 | 0.3% | +35.7% |
| 1999 | 0.5% | +49.9% |
| 2000 | 0.4% | -11.5% |
| 2001 | 0.3% | -26.7% |
| 2002 | 0.5% | +49.8% |
| 2003 | 0.5% | +0.0% |
| 2004 | 5.2% | +998.5% |
| 2005 | 3.5% | -33.6% |
| 2006 | 3.1% | -10.9% |
| 2007 | 2.9% | -6.3% |
| 2008 | 2.9% | -0.6% |
| 2009 | 3.0% | +2.8% |
| 2010 | 2.5% | -14.8% |
| 2011 | 2.3% | -8.1% |
| 2012 | 2.1% | -10.2% |
| 2013 | 2.3% | +9.4% |
| 2014 | 2.1% | -6.6% |
| 2015 | 2.4% | +13.8% |
| 2016 | 2.1% | -13.6% |
| 2017 | 0.2% | -91.8% |
| 2018 | 0.1% | -25.4% |
| 2019 | 0.1% | -36.9% |
| 2020 | 0.1% | +3.6% |
| 2021 | 0.1% | -15.3% |
| 2022 | 0.1% | -8.0% |
| 2023 | 0.1% | +5.6% |
| 2024 | 0.1% | -9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.1% | 2.9% | 6.9% | 9 |
| 1980s | 3.0% | 2.3% | 3.7% | 10 |
| 1990s | 0.8% | 0.2% | 2.3% | 10 |
| 2000s | 2.2% | 0.3% | 5.2% | 10 |
| 2010s | 1.6% | 0.1% | 2.5% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 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)
- Industry (including construction), value added (constant 2015 US$) 0.5072 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0701 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 3,360 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.507 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.0754 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 3,611 constant LCU per person (2025)
- 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)
Frequently asked questions
- What is personal remittances, received in Malta?
- Personal remittances, received in Malta was 0.1% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Malta?
- The highest recorded value was 6.9% in 1971.
- What is the lowest personal remittances, received recorded in Malta?
- The lowest recorded value was 0.1% in 2024.
- How does Malta rank for personal remittances, received?
- Malta ranks 184th out of 195 countries with data for 2024.
- Is personal remittances, received rising or falling in Malta?
- Over the last ten years it is down 97.1%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). 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.