Malta GDP Trends from 1995 to 2024: A overall increase with some decline Flow

Malta's GDP changed from approximately $3B 380M in 1995 to $22B 737M in 2024, showing an overall 572.7% sharply increased during the period.
The lowest GDP was recorded in 1995 at $3B 380M, and the highest in 2024 at $22B 737M.
Over the 29-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 6.8%.
For comparison, the average annual growth rate of Italy was 3.7%, and that of Greece was 3.4%.

Overview of Malta's GDP (1995–2024)

The Gross Domestic Product (GDP) of Malta recorded a 572.7% sharply increased from 1995 to 2024.
The average GDP during this period was $9B 818M, and the median was $9B 85M.
GDP fluctuated within a range of $19B 357M, with a standard deviation of $5B 581M.
The average annual change was $611M 711K.


Malta GDP from 1995 to 2024

The total market value of goods and services produced annually in Malta.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1995, $3B 380M
    • Highest GDP: 2024, $22B 737M
    • Most Recent GDP: 2024, $22B 737M

    Notable Annual GDP Changes

    • 2021: Significant increase in GDP
    • 2020: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Malta's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $16B 6M → $15B 238M
    • Outcome: declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $7B 989M → $8B 721M
    • Outcome: increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $4B 75M → $4B 89M
    • Outcome: remained stable

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $3B 489M → $3B 697M
    • Outcome: increased

    Key Economic Indicators of Malta (1995–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 0
    $ 0
    $ 5,853.25
    $ 1B 845M
    0 %
    0 %
    49.20 %
    0 %
    315,000 people
    1981
    $ 0
    $ 0
    $ 6,522.80
    $ 2B 73M
    0 %
    0 %
    56.18 %
    0 %
    318,000 people
    1982
    $ 0
    $ 0
    $ 6,891.45
    $ 2B 205M
    0 %
    0 %
    53.16 %
    0 %
    320,000 people
    1983
    $ 0
    $ 0
    $ 7,083.52
    $ 2B 351M
    0 %
    0 %
    47.23 %
    0 %
    332,000 people
    1984
    $ 0
    $ 0
    $ 7,457.90
    $ 2B 455M
    0 %
    0 %
    47.85 %
    0 %
    329,000 people
    1985
    $ 0
    $ 0
    $ 7,811.75
    $ 2B 593M
    0 %
    0 %
    41.21 %
    0 %
    332,000 people
    1986
    $ 0
    $ 0
    $ 8,055.65
    $ 2B 746M
    0 %
    0 %
    41.52 %
    0 %
    341,000 people
    1987
    $ 0
    $ 0
    $ 8,664.15
    $ 2B 975M
    0 %
    0 %
    45.54 %
    0 %
    343,000 people
    1988
    $ 0
    $ 0
    $ 9,515.83
    $ 3B 289M
    0 %
    0 %
    50.80 %
    0 %
    346,000 people
    1989
    $ 0
    $ 0
    $ 10,489.19
    $ 3B 661M
    0 %
    0 %
    45.55 %
    0 %
    349,000 people
    1990
    $ 0
    $ 0
    $ 11,277.89
    $ 3B 975M
    0 %
    0 %
    48.58 %
    0 %
    352,000 people
    1991
    $ 0
    $ 0
    $ 12,024.77
    $ 4B 352M
    0 %
    0 %
    48.69 %
    0 %
    362,000 people
    1992
    $ 0
    $ 0
    $ 13,151.68
    $ 4B 811M
    0 %
    0 %
    44.11 %
    0 %
    366,000 people
    1993
    $ 0
    $ 0
    $ 13,854.58
    $ 5B 119M
    0 %
    0 %
    40.81 %
    0 %
    369,000 people
    1994
    $ 0
    $ 0
    $ 14,654.91
    $ 5B 469M
    0 %
    0 %
    39.88 %
    0 %
    373,000 people
    1995
    $ 3B 380M
    $ 8,978.86
    $ 15,850.74
    $ 5B 967M
    0 %
    -4.85 %
    31.38 %
    0 %
    376,000 people
    1996
    $ 3B 446M
    $ 9,107.64
    $ 16,698.95
    $ 6B 319M
    0 %
    -5.252 %
    25.11 %
    0 %
    378,000 people
    1997
    $ 3B 489M
    $ 9,147.98
    $ 17,669.95
    $ 6B 739M
    0 %
    -2.736 %
    29.69 %
    0 %
    381,000 people
    1998
    $ 3B 697M
    $ 9,621.95
    $ 18,343.01
    $ 7B 47M
    0 %
    -2.664 %
    27.08 %
    0 %
    384,000 people
    1999
    $ 3B 858M
    $ 9,983.88
    $ 19,194.02
    $ 7B 417M
    0 %
    -1.506 %
    31.38 %
    0 %
    386,000 people