Service exports (BoP, current US$) in Malta
Malta: Service exports (BoP, current US$) was 25.03 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
25.03 billion BoP, current US$
Change on year
up 6.5%
World rank
48th
of 200 countries
All-time high
25.03 billion BoP, current US$
in 2024
All-time low
81.80 million BoP, current US$
in 1971
Years of data
54
1971–2024
Service exports in Malta, 1971–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Malta recorded 25.03 billion BoP, current US$ for service exports in 2024. That is the highest value across all 54 years on record.
The figure is up 6.5% on the previous year and up 87.3% over ten years.
Over the whole period, service exports in Malta peaked at 25.03 billion BoP, current US$ in 2024 and was at its lowest, 81.80 million BoP, current US$, in 1971.
Malta ranks 48th of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$) in Malta, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1971 | 81.80 million BoP, current US$ | — |
| 1972 | 90.41 million BoP, current US$ | +10.5% |
| 1973 | 133.68 million BoP, current US$ | +47.9% |
| 1974 | 150.98 million BoP, current US$ | +12.9% |
| 1975 | 188.94 million BoP, current US$ | +25.1% |
| 1976 | 178.77 million BoP, current US$ | -5.4% |
| 1977 | 197.01 million BoP, current US$ | +10.2% |
| 1978 | 264.15 million BoP, current US$ | +34.1% |
| 1979 | 344.80 million BoP, current US$ | +30.5% |
| 1980 | 481.14 million BoP, current US$ | +39.5% |
| 1981 | 411.95 million BoP, current US$ | -14.4% |
| 1982 | 305.96 million BoP, current US$ | -25.7% |
| 1983 | 282.58 million BoP, current US$ | -7.6% |
| 1984 | 250.52 million BoP, current US$ | -11.3% |
| 1985 | 273.68 million BoP, current US$ | +9.2% |
| 1986 | 370.49 million BoP, current US$ | +35.4% |
| 1987 | 557.18 million BoP, current US$ | +50.4% |
| 1988 | 653.15 million BoP, current US$ | +17.2% |
| 1989 | 644.49 million BoP, current US$ | -1.3% |
| 1990 | 758.31 million BoP, current US$ | +17.7% |
| 1991 | 820.22 million BoP, current US$ | +8.2% |
| 1992 | 890.12 million BoP, current US$ | +8.5% |
| 1993 | 919.59 million BoP, current US$ | +3.3% |
| 1994 | 999.36 million BoP, current US$ | +8.7% |
| 1995 | 1.05 billion BoP, current US$ | +5.0% |
| 1996 | 1.06 billion BoP, current US$ | +1.0% |
| 1997 | 1.09 billion BoP, current US$ | +2.9% |
| 1998 | 1.18 billion BoP, current US$ | +7.9% |
| 1999 | 1.21 billion BoP, current US$ | +3.0% |
| 2000 | 1.09 billion BoP, current US$ | -9.8% |
| 2001 | 1.12 billion BoP, current US$ | +2.6% |
| 2002 | 1.24 billion BoP, current US$ | +10.7% |
| 2003 | 1.44 billion BoP, current US$ | +16.4% |
| 2004 | 3.53 billion BoP, current US$ | +144.4% |
| 2005 | 4.15 billion BoP, current US$ | +17.7% |
| 2006 | 5.16 billion BoP, current US$ | +24.2% |
| 2007 | 6.63 billion BoP, current US$ | +28.5% |
| 2008 | 9.83 billion BoP, current US$ | +48.3% |
| 2009 | 9.88 billion BoP, current US$ | +0.5% |
| 2010 | 10.05 billion BoP, current US$ | +1.7% |
| 2011 | 11.33 billion BoP, current US$ | +12.7% |
| 2012 | 11.11 billion BoP, current US$ | -1.9% |
| 2013 | 12.16 billion BoP, current US$ | +9.5% |
| 2014 | 13.36 billion BoP, current US$ | +9.9% |
| 2015 | 13.49 billion BoP, current US$ | +1.0% |
| 2016 | 13.85 billion BoP, current US$ | +2.7% |
| 2017 | 13.25 billion BoP, current US$ | -4.3% |
| 2018 | 15.49 billion BoP, current US$ | +16.9% |
| 2019 | 17.37 billion BoP, current US$ | +12.1% |
| 2020 | 18.09 billion BoP, current US$ | +4.2% |
| 2021 | 18.76 billion BoP, current US$ | +3.7% |
| 2022 | 20.31 billion BoP, current US$ | +8.3% |
| 2023 | 23.50 billion BoP, current US$ | +15.7% |
| 2024 | 25.03 billion BoP, current US$ | +6.5% |
Malta compared with similar countries
- Malta's 25.03 billion BoP, current US$ is above the median for high income countries, which is 24.69 billion BoP, current US$, 1.0× the median. (72 countries reporting)
- Malta's 25.03 billion BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 9.27 billion BoP, current US$, 2.7× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$) 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 | +144.4% | 1.44 billion BoP, current US$ | 3.53 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 181.17 million BoP, current US$ | 81.80 million BoP, current US$ | 344.80 million BoP, current US$ | 9 |
| 1980s | 423.11 million BoP, current US$ | 250.52 million BoP, current US$ | 653.15 million BoP, current US$ | 10 |
| 1990s | 997.82 million BoP, current US$ | 758.31 million BoP, current US$ | 1.21 billion BoP, current US$ | 10 |
| 2000s | 4.41 billion BoP, current US$ | 1.09 billion BoP, current US$ | 9.88 billion BoP, current US$ | 10 |
| 2010s | 13.14 billion BoP, current US$ | 10.05 billion BoP, current US$ | 17.37 billion BoP, current US$ | 10 |
| 2020s | 21.14 billion BoP, current US$ | 18.09 billion BoP, current US$ | 25.03 billion BoP, 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 service exports in Malta?
- Service exports in Malta was 25.03 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Malta?
- The highest recorded value was 25.03 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Malta?
- The lowest recorded value was 81.80 million BoP, current US$ in 1971.
- How does Malta rank for service exports?
- Malta ranks 48th out of 200 countries with data for 2024.
- Is service exports rising or falling in Malta?
- Over the last ten years it is up 87.3%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.