Current Account Balance: Malta
Malta's current account balance is currently 4.4 % of GDP as of 2026. # Malta Current Account Balance Malta's current account balance stands at 4.
Current (2026)
4.4 % of GDP
-13.7% y/y
Peak (2017)
18.9 % of GDP
Low (2006)
-9.4 % of GDP
Source
IMF World Economic Outlook
1995–2026 · 36 pts
Current Account Balance — Malta
1995 — 2026
Current Account Balance — Malta
Analysis# Malta Current Account Balance
Malta's current account balance stands at 4.4% of GDP in 2026, representing a substantial decline from its all-time peak of 18.9% in 2017. Since 1995, the metric has grown 189.8% overall, though the trajectory reveals significant volatility. The country has moved from a low of -9.4% in 2006 to sustained positive territory, demonstrating improved external economic performance over three decades.
A dramatic reversal occurred between 2021 and 2022, when the surplus collapsed to -0.8% before recovering to 6.3% in 2023. The recent pattern shows consistent contraction: from 5.5% in 2024 to 5.1% in 2025, with projections continuing downward to 4.4% in 2026. This declining trend suggests Malta's external position is moderating, likely reflecting shifting global trade dynamics and domestic demand patterns.
Historical Data
36 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 3.4 % of GDP | -5.56% |
| 2029 | 3.6 % of GDP | -2.70% |
| 2028 | 3.7 % of GDP | -2.63% |
| 2027 | 3.8 % of GDP | -13.64% |
| 2026 | 4.4 % of GDP | -13.73% |
| 2025 | 5.1 % of GDP | -7.27% |
| 2024 | 5.5 % of GDP | -12.70% |
| 2023 | 6.3 % of GDP | +887.50% |
| 2022 | -0.8 % of GDP | -108.51% |
| 2021 | 9.4 % of GDP | -41.25% |
| 2020 | 16 % of GDP | -10.61% |
| 2019 | 17.9 % of GDP | +34.59% |
| 2018 | 13.3 % of GDP | -29.63% |
| 2017 | 18.9 % of GDP | +3250.00% |
| 2016 | -0.6 % of GDP | -123.08% |
| 2015 | 2.6 % of GDP | -68.67% |
| 2014 | 8.3 % of GDP | +232.00% |
| 2013 | 2.5 % of GDP | +56.25% |
| 2012 | 1.6 % of GDP | +900.00% |
| 2011 | -0.2 % of GDP | +95.56% |
Show all 36 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -4.5 % of GDP | +29.69% |
| 2009 | -6.4 % of GDP | -540.00% |
| 2008 | -1 % of GDP | +74.36% |
| 2007 | -3.9 % of GDP | +58.51% |
| 2006 | -9.4 % of GDP | -14.63% |
| 2005 | -8.2 % of GDP | -51.85% |
| 2004 | -5.4 % of GDP | -350.00% |
| 2003 | -1.2 % of GDP | -220.00% |
| 2002 | 1 % of GDP | +162.50% |
| 2001 | -1.6 % of GDP | +69.23% |
| 2000 | -5.2 % of GDP | -246.67% |
| 1999 | -1.5 % of GDP | +44.44% |
| 1998 | -2.7 % of GDP | +3.57% |
| 1997 | -2.8 % of GDP | +47.17% |
| 1996 | -5.3 % of GDP | -8.16% |
| 1995 | -4.9 % of GDP | — |
Related Data
Other Metrics
For Malta
Compare Current Account Balance
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Demographics
People & population data