Current account balance (credit less debit), Net (credits less debits) in Malta
Malta: Current account balance (credit less debit), Net (credits less debits) 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 debits) 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% |
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
- Total reserves in months of imports, annual growth rate 0.8994 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 1.95 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0283 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,357 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 1.28 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,878 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 3.68 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,944 SDR per person (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.