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Economy of Afghanistan vs Malta compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $25B for Malta, ranking 137/197 and 119/197 by economy size, respectively.

Afghanistan has $1.44B in government debt (8.8% of GDP), compared to $11.5B (46.2% of GDP) in Malta.

Afghanistan vs Malta GDP by year

Afghanistan
Malta
1x
Year GDP, current $
Afghanistan Malta
2024 - $24,971,574,502
2023 $17,152,234,637 $22,610,561,526
2022 $14,497,243,872 $18,928,276,162
2021 $14,259,995,441 $19,739,875,611
2020 $19,955,929,052 $16,404,663,226
2019 $18,799,444,490 $16,337,793,531
2018 $18,053,222,687 $16,153,779,511
2017 $18,753,456,498 $14,161,366,724
2016 $18,116,572,395 $12,025,782,834
2015 $19,134,221,645 $11,340,795,042
2014 $20,497,128,556 $11,888,032,874
2013 $20,146,416,758 $10,796,782,636
2012 $19,907,329,778 $9,609,532,089
2011 $17,805,098,206 $9,789,361,703
2010 $15,856,668,556 $9,097,044,159
2009 $12,416,152,732 $8,734,745,698
2008 $10,109,297,048 $9,135,419,465
2007 $9,747,886,187 $7,908,412,306
2006 $6,971,758,282 $6,749,838,806
2005 $6,203,256,539 $6,393,234,993
2004 $5,224,896,719 $6,104,141,520
2003 $4,520,946,819 $5,418,315,224
2002 $3,825,701,439 $4,455,127,414
2001 $2,813,571,754 $4,070,867,133
2000 $3,521,418,060 $4,036,809,815
1999 - $4,111,857,809
1998 - $4,010,111,688
1997 - $3,787,023,707
1996 - $3,822,547,197
1995 - $3,709,396,045
1994 - $2,998,505,428
1993 - $2,709,193,538
1992 - $3,021,942,759
1991 - $2,750,216,747
1990 - $2,547,328,748
1989 - $2,118,655,677
1988 - $2,019,503,068
1987 - $1,751,293,461
1986 - $1,435,038,441
1985 - $1,117,797,439
1984 - $1,101,807,023
1983 - $1,165,729,707
1982 - $1,234,474,404
1981 - $1,243,509,394
1980 - $1,250,198,601
1979 - $1,001,288,847
1978 - $793,673,402
1977 - $625,563,171
1976 - $527,936,989
1975 - $474,618,321
1974 - $376,081,124
1973 - $345,616,106
1972 - $295,106,628
1971 - $264,578,485
1970 - $250,728,796

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/malta | CC BY

GDP per capita in Afghanistan vs Malta by year

Afghanistan
GDP per capita

GDP per capita, PPP
Malta
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan Malta
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $43,899 $69,864
2023 $414 $2,202 $40,906 $67,057
2022 $357 $2,123 $35,639 $60,589
2021 $356 $2,144 $38,097 $56,852
2020 $511 $2,562 $31,823 $49,972
2019 $497 $2,583 $32,422 $51,393
2018 $491 $2,432 $33,382 $48,178
2017 $525 $2,336 $30,317 $45,764
2016 $522 $2,213 $26,459 $41,000
2015 $566 $2,284 $25,530 $38,369
2014 $625 $2,224 $27,425 $35,206
2013 $637 $2,133 $25,416 $33,138
2012 $651 $1,988 $22,878 $30,716
2011 $607 $1,744 $23,517 $29,426
2010 $561 $1,766 $21,947 $28,909
2009 $452 $1,571 $21,176 $26,782
2008 $382 $1,334 $22,315 $26,654
2007 $376 $1,287 $19,444 $25,012
2006 $274.2 $1,122 $16,654 $23,219
2005 $254.2 $1,076 $15,831 $22,227
2004 $221.8 $972 $15,212 $21,566
2003 $198.9 $967 $13,594 $20,813
2002 $179 $927 $11,251 $19,532
2001 $138.7 $748 $10,358 $18,435
2000 $174.9 $814 $10,348 $18,214
1999 - - $10,609 $16,898
1998 - - $10,408 $16,219
1997 - - $9,893 $15,465
1996 - - $10,062 $14,661
1995 - - $9,828 $13,950
1994 - - $8,000 $12,938
1993 - - $7,296 $12,103
1992 - - $8,220 $11,429
1991 - - $7,559 $10,784
1990 - - $7,192 $10,086
1989 - - $6,041 -
1988 - - $5,814 -
1987 - - $5,084 -
1986 - - $4,195 -
1985 - - $3,322 -
1984 - - $3,333 -
1983 - - $3,527 -
1982 - - $3,788 -
1981 - - $3,898 -
1980 - - $3,948 -
1979 - - $3,196 -
1978 - - $2,559 -
1977 - - $2,038 -
1976 - - $1,727 -
1975 - - $1,560 -
1974 - - $1,245 -
1973 - - $1,144 -
1972 - - $976 -
1971 - - $874 -
1970 - - $828 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/malta | CC BY

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $43,899 in Malta, ranking 28/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Malta ranks 25th at $69,864.

Economic indicators

Afghanistan Malta
Gross domestic product
$17.2B
2023
$25B
2024
GDP rank
137/197
2023
119/197
2024
GDP growth
2.27%
2022-2023
6.8%
2023-2024
GDP per capita
$414
2023
$43,899
2024
GDP per capita rank
196/197
2023
28/197
2024
GDP per capita, PPP
$2,202
2023
$69,864
2024
GDP per capita PPP rank
184/197
2023
25/197
2024
Government debt
$1.44B
2023
$11.5B
2024
Debt-to-GDP ratio
8.8%
2024
46.2%
2024
Government debt per person
$34.8
2023
$20,269
2024
Government debt per person rank
185/185
2023
31/185
2024
Average annual personal income after taxes
$1,869
2026
$23,692
2026
Market capitalization of domestic companies n/a
$4.29B
2024
Income share by richest 10% n/a
27.7%
2022
Income share by poorest 10% n/a
2.7%
2022
Government expenditure, % of GDP
19.4%
2024
37.3%
2024
Consumer prices inflation
-4.3%
2023-2024
1.65%
2023-2024
Central bank interest rate
6%
2021
n/a
Unemployment rate
5.68%
2021
3.12%
2024
Population
45409324
581729

Spending and national debt comparison by year

Afghanistan
Spending

Debt
Malta
Spending

Debt
1x
Year % of GDP
Afghanistan Malta
Government spending Government debt Government spending Government debt
2024 19.4% 8.8% 37.3% 46.2%
2023 17% 8.42% 36.1% 46.8%
2022 16.1% 10.8% 38.3% 50.1%
2021 17.9% 11.2% 39.4% 49.6%
2020 27.9% 7.33% 42.1% 48.6%
2019 28% 6.14% 34.9% 39.2%
2018 28.9% 7.38% 34.5% 41.4%
2017 27.7% 8% 32.7% 45.6%
2016 28% 8.44% 35.5% 53.1%
2015 25.9% 9.15% 37.8% 55%
2014 25.4% 8.7% 39.6% 60.7%
2013 25% 6.92% 40.1% 64.9%
2012 25% 6.77% 41.7% 65.6%
2011 21.9% 7.52% 41.5% 68.9%
2010 20.8% 7.71% 40.1% 65%
2009 21.2% 16.2% 41.1% 66%
2008 20.9% 19.1% 42.1% 61.5%
2007 21.4% 20.1% 41.2% 62%
2006 18.3% 23% 42.5% 64.5%
2005 15.7% 206.4% 42.5% 70.2%
2004 15.1% 245% 42% 70.4%
2003 11.9% 270.6% 45.6% 68.6%
2002 6.94% 346% 43.6% 65.1%
2001 - - 44.4% 70%
2000 - - 42.9% 64.4%
1999 - - - 69.8%
1998 - - - 66.4%
1997 - - - 60.8%
1996 - - - 51.5%
1995 - - - 45.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/malta | CC BY

In 2024, Afghanistan's government spending was $2.91B, accounting for 19.4% of its GDP, while Malta spent $9.32B, or 37.3% of GDP.

Debt-to-GDP ratio is 8.8% in Afghanistan and 46.2% in Malta, ranking 181/185 and 118/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

Malta
1x
Year Deficit/surplus, % of GDP
Afghanistan Malta
2024 -0.54% -3.58%
2023 -1.33% -4.65%
2022 -1% -5.31%
2021 -0.48% -6.95%
2020 -2.24% -8.72%
2019 -1.06% 0.72%
2018 1.63% 1.86%
2017 -0.67% 3.4%
2016 0.13% 1.1%
2015 -1.38% -0.84%
2014 -1.72% -1.49%
2013 -0.63% -2.19%
2012 0.18% -3.31%
2011 -0.67% -2.99%
2010 0.93% -2.22%
2009 -1.76% -3.11%
2008 -3.86% -4.06%
2007 -2.46% -2.05%
2006 0.68% -2.46%
2005 -0.92% -2.83%
2004 -2.39% -4.28%
2003 -2.1% -9.04%
2002 -0.1% -5.62%
2001 - -6.5%
2000 - -5.83%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/malta | CC BY

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was $228M, equivalent to 1.33% of GDP. This compares to Malta's deficit of $1.05B, or 4.65% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Malta ran a deficit in 18 years. On average, Afghanistan posted an annual deficit equal to 0.96% of GDP, compared to deficit of 2.96% of GDP for Malta.

Inflation comparison by year

Inflation
Afghanistan

Malta
1x
Year Consumer prices inflation
Afghanistan Malta
2024 -4.3% 1.65%
2023 -7.7% 5.09%
2022 10.6% 6.15%
2021 7.8% 1.5%
2020 5.6% 0.64%
2019 2.3% 1.64%
2018 0.6% 1.16%
2017 5% 1.36%
2016 4.4% 0.64%
2015 -0.7% 1.1%
2014 4.7% 0.31%
2013 7.4% 1.18%
2012 6.4% 2.38%
2011 11.8% 2.96%
2010 2.2% 1.52%
2009 -6.8% 2.08%
2008 26.4% 4.26%
2007 8.7% 1.25%
2006 6.8% 2.77%
2005 10.6% 3.01%
2004 16.4% 2.79%
2003 35.7% 1.3%
2002 - 2.19%
2001 - 2.93%
2000 - 2.37%
1999 - 2.13%
1998 - 2.39%
1997 - 3.11%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2003–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/malta | CC BY

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 2.13% in Malta. In 2024, inflation was -4.3% in Afghanistan and 1.65% in Malta.

Top exports between countries

Afghanistan
Export category Export value
Malta
Export category Export value
Machinery & equipment $12K

Balance of trade

Afghanistan Malta
Current account balance
-$3.14B
2020
$1.78B
2024
Current account balance ranking
159/190
2020
47/190
2024
Current account balance, % of GDP
-15.7%
2020
+7.12%
2024
Goods imports
$5.88B
2020
$7.56B
2024
Goods exports
$777M
2020
$4.58B
2024
Service imports
$1.11B
2020
$17.4B
2024
Service exports
$700M
2020
$25B
2024
Imports of goods and services, % of GDP
50.7%
2023
99.7%
2024
Exports of goods and services, % of GDP
16.9%
2023
118.5%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Malta
Economic freedom 53 68.2
Economic freedom ranking 142/197 49/197
Property rights 3.6 85.5
Government integrity 13.5 54.3
Judicial effectiveness 0 80.2
Tax burden 92 68.5
Government spending 90.8 58.4
Fiscal health 98.4 63.2
Business freedom 33.7 83.2
Labor freedom 44.4 62.6
Monetary freedom 84.9 73.1
Trade freedom 68.6 79.4
Investment freedom 10 60
Financial freedom 10 50

Economic freedom comparison by year

Afghanistan
Malta
1x
Year Economic freedom index
Afghanistan Malta
2026 - 68.2
2025 - 66.8
2024 - 64.5
2023 - 67.5
2022 - 71.5
2021 53 70.2
2020 54.7 69.5
2019 51.5 68.6
2018 51.3 68.5
2017 48.9 67.7
2016 - 66.7
2015 - 66.5
2014 - 66.4
2013 - 67.5
2012 - 67
2011 - 65.7
2010 - 67.2
2009 - 66.1
2008 - 66
2007 - 66.1
2006 - 67.3
2005 - 68.9
2004 - 63.3
2003 - 61.1
2002 - 62.2
2001 - 62.9
2000 - 58.3
1999 - 59.3
1998 - 61.2
1997 - 57.9
1996 - 55.8
1995 - 56.3

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/afghanistan/malta | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 68.2 for Malta, ranking 49/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan Malta
Services, % of GDP
46.4%
2023
81.8%
2024
Industry, % of GDP
13.4%
2023
10.7%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
0.23%
2024
GNI, Atlas method
$15.5B
2023
$20.9B
2024
GNI per capita, PPP
$2,210
2023
$61,340
2024
Total reserves including gold
$9.75B
2020
$1.42B
2024
Total reserves ranking
78/177
2020
137/177
2024
Net foreign direct investment
$24.3M
2020
-$6.13B
2024
Net inflows of foreign direct investment
$0
2024
$42.6B
2024
Net outflows of foreign direct investment
$0
2024
$36.5B
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
n/a
Poverty at national poverty lines
47.1%
2019
16.7%
2021
Gross capital formation, % of GDP
15.3%
2023
19%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/afghanistan/malta | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. TradeMap (2021, retrieved 2026-02-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.