Gross debt in Malta

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Malta in the period from 1998 to 2019 was between 2.0 billion and 7.2 billion USD. The hightest level within the past 21 years was reached in 2014. However, the liabilities in 2019 have been only 6.39 billion USD

Based on the number of inhabitants, this is in Malta a debt of 12,711 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,667 USD.


Back to overview: Malta

Gross debt of the last 21 years in billion USD




JahrMalta totalMalta per capitaEU per capita
19981.99 bn USD5,165 USD12,387 USD
19992.29 bn USD5,901 USD12,342 USD
20002.16 bn USD5,535 USD10,778 USD
20012.39 bn USD6,084 USD10,717 USD
20022.49 bn USD6,287 USD11,593 USD
20033.42 bn USD8,577 USD14,402 USD
20044.29 bn USD10,701 USD16,970 USD
20054.49 bn USD11,122 USD17,846 USD
20064.36 bn USD10,759 USD18,591 USD
20074.91 bn USD12,079 USD20,509 USD
20085.64 bn USD13,785 USD23,520 USD
20095.79 bn USD14,042 USD25,266 USD
20105.90 bn USD14,239 USD30,683 USD
20116.68 bn USD16,040 USD34,278 USD
20126.24 bn USD14,851 USD33,161 USD
20136.94 bn USD16,296 USD35,247 USD
20147.16 bn USD16,478 USD36,694 USD
20156.20 bn USD13,926 USD31,489 USD
20166.35 bn USD13,952 USD31,202 USD
20176.41 bn USD13,707 USD32,056 USD
20186.67 bn USD13,754 USD33,826 USD
20196.39 bn USD12,711 USD32,667 USD


Comparison of the gross debt per capita with the European Union in Euro



      Malta       European Union


Budget deficit in Malta

The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.

The budget balance in Malta in the period between 1998 and 2019 varied between -472.28 million Euro and +422.39 million Euro. In 2019 was reached a balance of 75.12 million Euro.

In ratio to population, this equals a surplus of 149 Euro per capita in Malta. For comparison, the average debt per capita in the European Union was in the same year at 332 Euro.


Budget deficit and surplus in the last 21 years

JahrMalta totalMalta per capitaEU per capita
1998-375.35 M USD-974 USD-350 USD
1999-300.34 M USD-775 USD-180 USD
2000-231.27 M USD-593 USD98 USD
2001-252.02 M USD-641 USD-263 USD
2002-251.62 M USD-635 USD-496 USD
2003-472.28 M USD-1,185 USD-738 USD
2004-265.45 M USD-662 USD-808 USD
2005-169.32 M USD-419 USD-722 USD
2006-170.26 M USD-420 USD-499 USD
2007-169.12 M USD-416 USD-315 USD
2008-375.79 M USD-918 USD-951 USD
2009-276.17 M USD-670 USD-2,252 USD
2010-208.40 M USD-503 USD-2,486 USD
2011-228.01 M USD-548 USD-1,907 USD
2012-319.92 M USD-762 USD-1,689 USD
2013-245.30 M USD-576 USD-1,354 USD
2014-190.11 M USD-437 USD-1,226 USD
2015-107.95 M USD-243 USD-871 USD
2016110.47 M USD243 USD-620 USD
2017422.39 M USD903 USD-406 USD
2018291.47 M USD601 USD-288 USD
201975.12 M USD149 USD-332 USD


(negative numbers = deficit)