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 103rd out of 195 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.
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
- 100 Cyprus 2.2% compare
- 101 Mauritania 2.1% compare
- 102 Djibouti 2.0% compare
- 104 Sudan 1.8% compare
- 105 Sao Tome and Principe 1.8% compare
- 106 Solomon Islands 1.8% compare
More financial sector data for Malta
- Domestic credit to private sector by banks 61.7% (2024)
- Total reserves in months of imports 0.2461 (2024)
- Net domestic credit 19.16 billion current LCU (2024)
- Net foreign assets 13.48 billion current LCU (2023)
- Monetary Sector credit to private sector 61.7% (2024)
- Claims on central government, etc. 13.8% (2024)
- Domestic credit to private sector 61.7% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration 5,161 (2025)
- GDP deflator: linked series 120.45 base year varies by country (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 103rd out of 195 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.