Current account balance (credit less debit), Net (credits less) in Malta
Malta: Current account balance (credit less debit), Net (credits less) was 1.78 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Malta, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Malta stood at 1.78 billion.
Compared with earlier readings it is up 24.8% on the previous year and up 79.3% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Malta peaked at 2.92 billion in 2019 and was at its lowest, -557.79 million, in 2009.
Malta ranks 47th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Malta, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -417.87 million | — |
| 2006 | -530.70 million | +27.0% |
| 2007 | -159.24 million | -70.0% |
| 2008 | -76.96 million | -51.7% |
| 2009 | -557.79 million | +624.8% |
| 2010 | -419.70 million | -24.8% |
| 2011 | -13.01 million | -96.9% |
| 2012 | 151.22 million | -1262.4% |
| 2013 | 270.31 million | +78.8% |
| 2014 | 991.73 million | +266.9% |
| 2015 | 300.54 million | -69.7% |
| 2016 | -66.36 million | -122.1% |
| 2017 | 2.71 billion | -4188.3% |
| 2018 | 2.16 billion | -20.5% |
| 2019 | 2.92 billion | +35.2% |
| 2020 | 2.64 billion | -9.4% |
| 2021 | 1.84 billion | -30.2% |
| 2022 | -167.61 million | -109.1% |
| 2023 | 1.42 billion | -950.0% |
| 2024 | 1.78 billion | +24.8% |
Malta compared with similar countries
- Malta's 1.78 billion is above the median for high income countries, which is 547.38 million, 3.2× the median. (72 countries reporting)
- Malta's 1.78 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 94.83 million, 18.7× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) 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 |
|---|---|---|---|
| 2017 | +4188.3% | -66.36 million | 2.71 billion |
| 2012 | +1262.4% | -13.01 million | 151.22 million |
| 2023 | +950.0% | -167.61 million | 1.42 billion |
| 2009 | -624.8% | -76.96 million | -557.79 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -348.51 million | -557.79 million | -76.96 million | 5 |
| 2010s | 900.03 million | -419.70 million | 2.92 billion | 10 |
| 2020s | 1.50 billion | -167.61 million | 2.64 billion | 5 |
Countries ranked near Malta
More financial sector data for Malta
- Reserve position in the IMF, US dollar, annual growth rate 5.65 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 102.71 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.6075 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 75 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.65 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 102.71 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.6075 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Malta?
- Current account balance (credit less debit), net (credits less debits) in Malta was 1.78 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Malta?
- The highest recorded value was 2.92 billion in 2019.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Malta?
- The lowest recorded value was -557.79 million in 2009.
- How does Malta rank for current account balance (credit less debit), net (credits less debits)?
- Malta ranks 47th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Malta?
- Over the last ten years it is up 79.3%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.