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Malta GDP

Malta's GDP rose to $24.32 billion in 2024, up from $22.21 billion in 2023, according to World Bank. This represents an increase of 9.5% ($2.11 billion) from the previous year and accounts for 0.02% of the world's total GDP. Malta has GDP lower than the global median ($24.32 billion vs median $35.85 billion). Compared with the median in Europe, Malta is lower ($24.32 billion vs regional median $126.99 billion) and ranks 38th out of 48 countries in Europe.

Malta's GDP per capita rose to $33,467.46 in 2024, up from $32,816.33 in 2023.

Yearly Historical Data (1970-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 24.32
2023 22.21
2022 19.24
2021 19.72
2020 16.41
2019 16.34
2018 16.15
2017 14.16
2016 12.03
2015 11.34
2014 11.89
2013 10.8
2012 9.61
2011 9.79
2010 9.1
2009 8.73
2008 9.14
2007 7.91
2006 6.75
2005 6.39
2004 6.1
2003 5.42
2002 4.46
2001 4.07
2000 4.04
1999 4.11
1998 4.01
1997 3.79
1996 3.82
1995 3.71
1994 3
1993 2.71
1992 3.02
1991 2.75
1990 2.55
1989 2.12
1988 2.02
1987 1.75
1986 1.44
1985 1.12
1984 1.1
1983 1.17
1982 1.23
1981 1.24
1980 1.25
1979 1
1978 0.79
1977 0.63
1976 0.53
1975 0.47
1974 0.38
1973 0.35
1972 0.3
1971 0.26
1970 0.25
Malta GDP : Definition
GDP measures the total value of all goods and services produced in Malta, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 5.97% 6.8% 2024
GDP per Capita $33,467.46 $32,816.33 2024
GDP per Capita PPP $60,469.78 $59,293.3 2024
R&D Expenditure (% GDP) 0.6% 0.65% 2022
Real GDP $19.22B $18.14B 2024