Remittance inflows to GDP in Malta
Malta: Remittance inflows to GDP was 1.9% in 2020. ◆ Volatile
Remittance inflows to GDP in Malta, 1971–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Malta is 1.9%, measured in 2020.
Compared with earlier readings it is up 11.5% on the previous year and down 26.1% over ten years.
Over the whole period, remittance inflows to gdp in Malta peaked at 6.9% in 1971 and was at its lowest, 0.2%, in 1997.
That places Malta 105th out of 197 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Remittance inflows to GDP in Malta, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 6.9% | — |
| 1972 | 6.0% | -12.1% |
| 1973 | 5.6% | -6.5% |
| 1974 | 5.0% | -12.1% |
| 1975 | 4.6% | -7.4% |
| 1976 | 6.1% | +32.7% |
| 1977 | 5.8% | -5.1% |
| 1978 | 3.3% | -42.4% |
| 1979 | 2.9% | -13.9% |
| 1980 | 2.8% | -2.4% |
| 1981 | 2.3% | -19.1% |
| 1982 | 3.2% | +40.5% |
| 1983 | 3.7% | +15.3% |
| 1984 | 3.3% | -8.8% |
| 1985 | 3.1% | -7.1% |
| 1986 | 3.2% | +2.7% |
| 1987 | 2.6% | -17.7% |
| 1988 | 2.6% | -2.6% |
| 1989 | 3.3% | +29.1% |
| 1990 | 2.3% | -30.8% |
| 1991 | 1.5% | -33.1% |
| 1992 | 1.0% | -34.0% |
| 1993 | 0.9% | -6.9% |
| 1994 | 0.8% | -16.4% |
| 1995 | 0.4% | -48.0% |
| 1996 | 0.3% | -15.9% |
| 1997 | 0.2% | -30.0% |
| 1998 | 0.3% | +36.0% |
| 1999 | 0.5% | +49.6% |
| 2000 | 0.4% | -12.0% |
| 2001 | 0.3% | -26.4% |
| 2002 | 0.5% | +50.0% |
| 2003 | 0.5% | -0.2% |
| 2004 | 5.2% | +1005.7% |
| 2005 | 3.5% | -33.9% |
| 2006 | 3.1% | -11.0% |
| 2007 | 2.9% | -6.1% |
| 2008 | 2.9% | +0.6% |
| 2009 | 3.0% | +2.7% |
| 2010 | 2.5% | -15.0% |
| 2011 | 2.4% | -7.3% |
| 2012 | 2.1% | -10.2% |
| 2013 | 2.3% | +10.2% |
| 2014 | 2.2% | -6.7% |
| 2015 | 2.5% | +13.8% |
| 2016 | 2.2% | -12.9% |
| 2017 | 2.0% | -7.4% |
| 2018 | 1.8% | -9.2% |
| 2019 | 1.7% | -7.1% |
| 2020 | 1.9% | +11.5% |
Malta compared with similar countries
- Malta's 1.9% is above the median for high income countries, which is 0.8%, 2.5× the median. (67 countries reporting)
- Malta's 1.9% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.9%, 1.0× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Remittance inflows to 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 | +1005.7% | 0.5% | 5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.1% | 2.9% | 6.9% | 9 |
| 1980s | 3.0% | 2.3% | 3.7% | 10 |
| 1990s | 0.8% | 0.2% | 2.3% | 10 |
| 2000s | 2.2% | 0.3% | 5.2% | 10 |
| 2010s | 2.2% | 1.7% | 2.5% | 10 |
| 2020s | 1.9% | 1.9% | 1.9% | 1 |
Countries ranked near Malta
- 102 Cyprus 2.2% compare
- 103 Mauritania 2.1% compare
- 104 Djibouti 2.0% compare
- 106 Sudan 1.8% compare
- 107 Sao Tome and Principe 1.8% compare
- 108 Solomon Islands 1.8% compare
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 remittance inflows to gdp in Malta?
- Remittance inflows to gdp in Malta was 1.9% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Malta?
- The highest recorded value was 6.9% in 1971.
- What is the lowest remittance inflows to gdp recorded in Malta?
- The lowest recorded value was 0.2% in 1997.
- How does Malta rank for remittance inflows to gdp?
- Malta ranks 105th out of 197 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Malta?
- Over the last ten years it is down 26.1%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.