Spending $1M a day would take 37 years to use up the entire debt.
DebtClock.io
National Debt of Malta
12,571,765,132 €
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
55.95%
Latest year: 2024
Debt (nominal)
12,571,765,132 €
EUR / USD toggle below
GDP (nominal)
22,470,847,646 €
Latest year: 2024
Population
525,285
Latest year: 2024
Interest per Year
377,152,954 €
≈ 12 € / second
Debt per Citizen
23,933 €
Based on latest pop
Inflation (CPI, %)
1.65%
Year: 2024
GDP growth (%, real)
5.97%
Year: 2024
Unemployment (%)
2.70%
Year: 2024
Budget balance (% GDP)
-4.57%
Year: 2023
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Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Budget balance (% of GDP)
Malta Economy Snapshot
The economy of Malta shows steady performance, with a nominal GDP of 22.5 billion € and average income of about 42,778 € per person. Low inflation at 1.65%, while the economy posted robust growth of 5.97%. Very low unemployment around 2.70%, and the government runs a substantial 4.57% fiscal deficit. The current exchange rate is 1.08 USD/EUR.
| GDP (nominal) | 22,470,847,646 € |
|---|---|
| GDP per capita | 42,778 € |
| Inflation | 1.65% |
| GDP growth | 5.97% |
| Unemployment | 2.70% |
| Budget balance | -4.57% |
| FX (USD/EUR) | 1.08 |
Malta Economy Facts
Debt per citizen: about $25,905 for a population of 525,285.
That’s like buying 453,581 new cars at $30,000 each.
Country Comparison
| Country | Debt as % of GDP | GDP (USD) |
|---|---|---|
 Albania | 55.32% | $ 27.2B |
 Mali | 55.55% | $ 26.6B |
| Malta | 55.95% | $ 24.3B |
 Madagascar | 56.03% | $ 17.4B |
 Mexico | 56.06% | $ 1,852.7B |