Trade in services (% of GDP) in Malta
Malta: Trade in services (% of GDP) was 169.4% in 2024. ◆ Volatile
Trade in services in Malta, 1971–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, trade in services in Malta stood at 169.4%.
That represents a change of down 3.8% on the previous year and down 15.2% over ten years.
Over the whole period, trade in services in Malta peaked at 211.9% in 2012 and was at its lowest, 41.8%, in 1984.
Malta ranks 2nd of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Trade in services (% of GDP) in Malta, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1971 | 46.7% | — |
| 1972 | 45.7% | -2.1% |
| 1973 | 53.7% | +17.3% |
| 1974 | 59.6% | +11.1% |
| 1975 | 56.7% | -4.9% |
| 1976 | 50.1% | -11.6% |
| 1977 | 49.9% | -0.5% |
| 1978 | 50.9% | +2.2% |
| 1979 | 52.8% | +3.7% |
| 1980 | 57.9% | +9.6% |
| 1981 | 52.7% | -9.0% |
| 1982 | 44.7% | -15.2% |
| 1983 | 42.0% | -6.0% |
| 1984 | 41.8% | -0.6% |
| 1985 | 44.0% | +5.4% |
| 1986 | 45.4% | +3.0% |
| 1987 | 52.3% | +15.3% |
| 1988 | 52.8% | +0.9% |
| 1989 | 50.9% | -3.6% |
| 1990 | 50.2% | -1.4% |
| 1991 | 49.3% | -1.8% |
| 1992 | 49.3% | -0.1% |
| 1993 | 56.6% | +15.0% |
| 1994 | 56.5% | -0.2% |
| 1995 | 47.7% | -15.6% |
| 1996 | 46.7% | -2.1% |
| 1997 | 47.0% | +0.6% |
| 1998 | 47.6% | +1.3% |
| 1999 | 48.5% | +1.9% |
| 2000 | 46.4% | -4.2% |
| 2001 | 46.8% | +0.8% |
| 2002 | 46.3% | -1.0% |
| 2003 | 43.6% | -5.9% |
| 2004 | 104.3% | +139.3% |
| 2005 | 116.0% | +11.2% |
| 2006 | 139.1% | +19.9% |
| 2007 | 149.8% | +7.7% |
| 2008 | 193.4% | +29.1% |
| 2009 | 208.6% | +7.9% |
| 2010 | 203.4% | -2.5% |
| 2011 | 211.6% | +4.0% |
| 2012 | 211.9% | +0.1% |
| 2013 | 205.3% | -3.1% |
| 2014 | 199.9% | -2.6% |
| 2015 | 209.4% | +4.8% |
| 2016 | 201.2% | -3.9% |
| 2017 | 155.0% | -23.0% |
| 2018 | 165.9% | +7.0% |
| 2019 | 181.0% | +9.1% |
| 2020 | 188.6% | +4.2% |
| 2021 | 158.9% | -15.7% |
| 2022 | 183.1% | +15.2% |
| 2023 | 176.1% | -3.8% |
| 2024 | 169.4% | -3.8% |
Malta compared with similar countries
- Malta's 169.4% is above the median for high income countries, which is 32.3%, 5.2× the median. (72 countries reporting)
- Malta's 169.4% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 20.9%, 8.1× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Trade in services (% of GDP) 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 | +139.3% | 43.6% | 104.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 51.8% | 45.7% | 59.6% | 9 |
| 1980s | 48.4% | 41.8% | 57.9% | 10 |
| 1990s | 49.9% | 46.7% | 56.6% | 10 |
| 2000s | 109.4% | 43.6% | 208.6% | 10 |
| 2010s | 194.5% | 155.0% | 211.9% | 10 |
| 2020s | 175.2% | 158.9% | 188.6% | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0062 units per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Malta?
- Trade in services in Malta was 169.4% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Malta?
- The highest recorded value was 211.9% in 2012.
- What is the lowest trade in services recorded in Malta?
- The lowest recorded value was 41.8% in 1984.
- How does Malta rank for trade in services?
- Malta ranks 2nd out of 200 countries with data for 2024.
- Is trade in services rising or falling in Malta?
- Over the last ten years it is down 15.2%. 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 Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.