
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. 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 2021 was between 2.0 billion and 9.8 billion USD. The highest level of the last years at ten billion US Dollar was reached in 2021. The budget deficit in the same year was 1.4 billion USD.
Based on the number of inhabitants, this is a debt of 18,895 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.
Back to overview: Malta
Gross debt of the last 23 years in billion USD
Year | Malta total | Malta per capita | EU per capita |
---|---|---|---|
1998 | 1.99 bn USD | 5,165 USD | 14,079 USD |
1999 | 2.29 bn USD | 5,901 USD | 14,032 USD |
2000 | 2.45 bn USD | 6,284 USD | 11,232 USD |
2001 | 2.68 bn USD | 6,812 USD | 11,255 USD |
2002 | 2.77 bn USD | 6,991 USD | 12,258 USD |
2003 | 3.70 bn USD | 9,273 USD | 15,286 USD |
2004 | 4.29 bn USD | 10,693 USD | 17,595 USD |
2005 | 4.49 bn USD | 11,110 USD | 18,327 USD |
2006 | 4.36 bn USD | 10,759 USD | 18,877 USD |
2007 | 4.91 bn USD | 12,079 USD | 20,898 USD |
2008 | 5.64 bn USD | 13,785 USD | 24,086 USD |
2009 | 5.79 bn USD | 14,042 USD | 25,361 USD |
2010 | 5.92 bn USD | 14,272 USD | 26,496 USD |
2011 | 6.75 bn USD | 16,213 USD | 29,231 USD |
2012 | 6.31 bn USD | 15,011 USD | 28,174 USD |
2013 | 7.01 bn USD | 16,457 USD | 29,981 USD |
2014 | 7.22 bn USD | 16,610 USD | 30,648 USD |
2015 | 6.24 bn USD | 14,018 USD | 25,918 USD |
2016 | 6.39 bn USD | 14,025 USD | 26,261 USD |
2017 | 6.45 bn USD | 13,772 USD | 27,024 USD |
2018 | 6.69 bn USD | 13,798 USD | 28,448 USD |
2019 | 6.40 bn USD | 12,704 USD | 27,168 USD |
2020 | 7.97 bn USD | 15,467 USD | 30,783 USD |
2021 | 9.80 bn USD | 18,895 USD | 33,695 USD |
Comparison of gross debt per capita with the European Union in U.S. dollars
Budget deficit in Malta

The budget balance in Malta in the period between 1998 and 2021 varied between -1.41 billion euros and +443.63 million euros. In 2021, Malta reached a balance of -1 billion euros.
In ratio to population, this equals a new indebtedness of 2,650 euros per capita in Malta in 2021. For comparison, the average debt per capita in the European Union in the same year was 1,787 euros.
Budget deficit and surplus in the last 23 years
Year | Malta total | Malta per capita | EU per capita |
---|---|---|---|
1998 | -375.35 M USD | -974 USD | -398 USD |
1999 | -300.34 M USD | -775 USD | -204 USD |
2000 | -231.27 M USD | -593 USD | 112 USD |
2001 | -252.02 M USD | -641 USD | -299 USD |
2002 | -251.62 M USD | -635 USD | -565 USD |
2003 | -472.28 M USD | -1,185 USD | -840 USD |
2004 | -265.45 M USD | -662 USD | -920 USD |
2005 | -169.32 M USD | -419 USD | -822 USD |
2006 | -170.26 M USD | -420 USD | -568 USD |
2007 | -169.12 M USD | -416 USD | -360 USD |
2008 | -375.79 M USD | -918 USD | -1,085 USD |
2009 | -276.17 M USD | -670 USD | -2,021 USD |
2010 | -202.04 M USD | -487 USD | -1,970 USD |
2011 | -292.32 M USD | -702 USD | -1,462 USD |
2012 | -317.09 M USD | -755 USD | -1,220 USD |
2013 | -234.68 M USD | -551 USD | -1,027 USD |
2014 | -177.75 M USD | -409 USD | -852 USD |
2015 | -91.09 M USD | -205 USD | -577 USD |
2016 | 129.84 M USD | 285 USD | -423 USD |
2017 | 443.63 M USD | 948 USD | -263 USD |
2018 | 317.10 M USD | 654 USD | -139 USD |
2019 | 92.02 M USD | 183 USD | -197 USD |
2020 | -1,413.70 M USD | -2,743 USD | -2,312 USD |
2021 | -1,373.94 M USD | -2,650 USD | -1,787 USD |
(negative numbers = deficit)