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Economy of Malta vs Myanmar compared: GDP & Debt

Updated on by Georank team

Malta has a GDP of $25B compared to $74.1B for Myanmar, ranking 119/197 and 85/197 by economy size, respectively.

Malta has $11.5B in government debt (46.2% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Malta vs Myanmar GDP by year

Malta
Myanmar
1x
Year GDP, current $
Malta Myanmar
2024 $24,971,574,502 $74,068,349,524
2023 $22,610,561,526 $66,757,619,000
2022 $18,928,276,162 $62,253,049,903
2021 $19,739,875,611 $66,345,291,149
2020 $16,404,663,226 $79,006,113,670
2019 $16,337,793,531 $75,065,106,243
2018 $16,153,779,511 $67,860,515,993
2017 $14,161,366,724 $66,053,040,475
2016 $12,025,782,834 $63,298,361,984
2015 $11,340,795,042 $59,607,290,408
2014 $11,888,032,874 $65,531,374,210
2013 $10,796,782,636 $60,269,732,855
2012 $9,609,532,089 $59,937,796,648
2011 $9,789,361,703 $59,977,326,086
2010 $9,097,044,159 $49,540,813,342
2009 $8,734,745,698 $36,906,181,381
2008 $9,135,419,465 $31,862,554,102
2007 $7,908,412,306 $20,182,477,481
2006 $6,749,838,806 $14,502,553,710
2005 $6,393,234,993 $11,986,972,419
2004 $6,104,141,520 $10,567,354,056
2003 $5,418,315,224 $10,467,109,978
2002 $4,455,127,414 $6,777,632,512
2001 $4,070,867,133 $6,477,790,688
2000 $4,036,809,815 $8,905,066,164
1999 $4,111,857,809 $8,486,832,801
1998 $4,010,111,688 $6,459,461,639
1997 $3,787,023,707 $4,722,288,496
1996 $3,822,547,197 $6,123,556,717
1995 $3,709,396,045 $5,289,174,943
1994 $2,998,505,428 $4,432,257,174
1993 $2,709,193,538 $3,163,020,035
1992 $3,021,942,759 $2,411,552,289
1991 $2,750,216,747 $2,069,832,687
1990 $2,547,328,748 $2,115,193,513
1989 $2,118,655,677 $2,013,448,229
1988 $2,019,503,068 $1,541,088,312
1987 $1,751,293,461 $1,562,448,077
1986 $1,435,038,441 $1,582,873,750
1985 $1,117,797,439 $1,478,908,173
1984 $1,101,807,023 $1,304,063,253
1983 $1,165,729,707 $1,381,573,615
1982 $1,234,474,404 $1,481,165,468
1981 $1,243,509,394 $1,111,000,765
1980 $1,250,198,601 $1,038,225,167
1979 $1,001,288,847 $952,265,043
1978 $793,673,402 $935,408,775
1977 $625,563,171 $873,579,932
1976 $527,936,989 $1,204,699,849
1975 $474,618,321 $1,061,107,354
1974 $376,081,124 $1,225,589,878
1973 $345,616,106 $719,754,655
1972 $295,106,628 $662,213,083
1971 $264,578,485 $587,448,405
1970 $250,728,796 $563,555,631
1969 - $571,854,215
1968 - $559,956,130
1967 - $420,359,036
1966 - $293,103,479
1965 - $367,053,117
1964 - $411,419,906
1963 - $598,998,419
1962 - $634,528,872
1961 - $605,581,577
1960 - $545,098,448

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Malta vs Myanmar by year

Malta
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Malta Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $43,899 $69,864 $1,359 $5,997
2023 $40,906 $67,057 $1,233 $5,953
2022 $35,639 $60,589 $1,158 $5,732
2021 $38,097 $56,852 $1,243 $5,178
2020 $31,823 $49,972 $1,490 $5,741
2019 $32,422 $51,393 $1,426 $6,101
2018 $33,382 $48,178 $1,298 $5,581
2017 $30,317 $45,764 $1,273 $4,706
2016 $26,459 $41,000 $1,229 $4,460
2015 $25,530 $38,369 $1,167 $4,459
2014 $27,425 $35,206 $1,293 $4,376
2013 $25,416 $33,138 $1,199 $4,144
2012 $22,878 $30,716 $1,203 $3,845
2011 $23,517 $29,426 $1,214 $3,579
2010 $21,947 $28,909 $1,011 $3,348
2009 $21,176 $26,782 $758 $3,040
2008 $22,315 $26,654 $658 $2,748
2007 $19,444 $25,012 $419 $2,459
2006 $16,654 $23,219 $303 $2,153
2005 $15,831 $22,227 $252.7 $1,860
2004 $15,212 $21,566 $224.5 $1,601
2003 $13,594 $20,813 $224.3 $1,385
2002 $11,251 $19,532 $146.6 $1,204
2001 $10,358 $18,435 $141.5 $1,069
2000 $10,348 $18,214 $196.6 $949
1999 $10,609 $16,898 $189.5 $825
1998 $10,408 $16,219 $146 $742
1997 $9,893 $15,465 $108 $702
1996 $10,062 $14,661 $141.9 $661
1995 $9,828 $13,950 $124.1 $618
1994 $8,000 $12,938 $105.4 $573
1993 $7,296 $12,103 $76.2 $529
1992 $8,220 $11,429 $58.9 $494
1991 $7,559 $10,784 $51.2 $447
1990 $7,192 $10,086 $53.1 $441
1989 $6,041 - $51.3 -
1988 $5,814 - $39.9 -
1987 $5,084 - $41.1 -
1986 $4,195 - $42.4 -
1985 $3,322 - $40.4 -
1984 $3,333 - $36.3 -
1983 $3,527 - $39.3 -
1982 $3,788 - $43 -
1981 $3,898 - $32.8 -
1980 $3,948 - $31.2 -
1979 $3,196 - $29.2 -
1978 $2,559 - $29.3 -
1977 $2,038 - $27.9 -
1976 $1,727 - $39.2 -
1975 $1,560 - $35.2 -
1974 $1,245 - $41.4 -
1973 $1,144 - $24.8 -
1972 $976 - $23.3 -
1971 $874 - $21.1 -
1970 $828 - $20.7 -
1969 - - $21.5 -
1968 - - $21.5 -
1967 - - $16.5 -
1966 - - $11.8 -
1965 - - $15.1 -
1964 - - $17.3 -
1963 - - $25.8 -
1962 - - $27.9 -
1961 - - $27.3 -
1960 - - $25.1 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Malta's GDP per capita is $43,899, ranking 28/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Malta ranks 25th at $69,864, while Myanmar ranks 153rd at $5,997.

Economic indicators

Malta Myanmar
Gross domestic product
$25B
2024
$74.1B
2024
GDP rank
119/197
2024
85/197
2024
GDP growth
6.8%
2023-2024
-0.97%
2023-2024
GDP per capita
$43,899
2024
$1,359
2024
GDP per capita rank
28/197
2024
165/197
2024
GDP per capita, PPP
$69,864
2024
$5,997
2024
GDP per capita PPP rank
25/197
2024
153/197
2024
Government debt
$11.5B
2024
$44B
2024
Debt-to-GDP ratio
46.2%
2024
59.3%
2024
Government debt per person
$20,269
2024
$806
2024
Government debt per person rank
31/185
2024
150/185
2024
Average annual personal income after taxes
$23,692
2026
$1,646
2026
Market capitalization of domestic companies
$4.29B
2024
n/a
Income share by richest 10%
27.7%
2022
25.5%
2017
Income share by poorest 10%
2.7%
2022
3.8%
2017
Government expenditure, % of GDP
37.3%
2024
20.7%
2024
Consumer prices inflation
1.65%
2023-2024
8.83%
2018-2019
Unemployment rate
3.12%
2024
1.48%
2020
Population
581729
55292116

Spending and national debt comparison by year

Malta
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Malta Myanmar
Government spending Government debt Government spending Government debt
2024 37.3% 46.2% 20.7% 59.3%
2023 36.1% 46.8% 21.4% 59.1%
2022 38.3% 50.1% 21.3% 56.1%
2021 39.4% 49.6% 20.9% 63.4%
2020 42.1% 48.6% 21.3% 49.1%
2019 34.9% 39.2% 20.5% 37.6%
2018 34.5% 41.4% 18.7% 39.9%
2017 32.7% 45.6% 19.7% 41.9%
2016 35.5% 53.1% 21.3% 35.7%
2015 37.8% 55% 23.7% 36.6%
2014 39.6% 60.7% 24.7% 34.5%
2013 40.1% 64.9% 23.9% 44.8%
2012 41.7% 65.6% 20% 48%
2011 41.5% 68.9% 15.6% 49.9%
2010 40.1% 65% 15.8% 54.4%
2009 41.1% 66% 14.4% 56.4%
2008 42.1% 61.5% 14.4% 59.8%
2007 41.2% 62% 15.7% 77.4%
2006 42.5% 64.5% 15.6% 103.1%
2005 42.5% 70.2% 14.6% 119%
2004 42% 70.4% 14.6% 126.6%
2003 45.6% 68.6% 14.3% 146%
2002 43.6% 65.1% 15.3% 190.6%
2001 44.4% 70% 19.1% 262%
2000 42.9% 64.4% 21.4% 164.5%
1999 - 69.8% 22.8% 150.7%
1998 - 66.4% 25.2% 208.6%
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/malta/myanmar | CC BY

In 2024, Malta's government spending was $9.32B, accounting for 37.3% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 46.2% in Malta and 59.3% in Myanmar, ranking 118/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Malta

Myanmar
1x
Year Deficit/surplus, % of GDP
Malta Myanmar
2024 -3.58% -5.06%
2023 -4.65% -5.18%
2022 -5.31% -2.82%
2021 -6.95% -2.47%
2020 -8.72% -6.5%
2019 0.72% -4.7%
2018 1.86% -2.77%
2017 3.4% -3.42%
2016 1.1% -2.53%
2015 -0.84% -4.33%
2014 -1.49% -1.06%
2013 -2.19% -1.53%
2012 -3.31% -2.7%
2011 -2.99% -4.82%
2010 -2.22% -5.4%
2009 -3.11% -3.55%
2008 -4.06% -2.73%
2007 -2.05% -3.52%
2006 -2.46% -3.42%
2005 -2.83% -3.49%
2004 -4.28% -4.62%
2003 -9.04% -4.24%
2002 -5.62% -4.01%
2001 -6.5% -6.34%
2000 -5.83% -6.03%
1999 - -4.46%
1998 - -4.89%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, Malta's government deficit, the difference between spending and revenue, was $893M, equivalent to 3.58% of GDP. This compares to Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 25 years, Malta recorded a fiscal deficit in 21 of those years, while Myanmar ran a deficit in 25 years. On average, Malta posted an annual deficit equal to 3.24% of GDP, compared to deficit of 3.89% of GDP for Myanmar.

Inflation comparison by year

Inflation
Malta

Myanmar
1x
Year Consumer prices inflation
Malta Myanmar
2024 1.65% -
2023 5.09% -
2022 6.15% -
2021 1.5% -
2020 0.64% -
2019 1.64% 8.83%
2018 1.16% 6.87%
2017 1.36% 4.57%
2016 0.64% 6.93%
2015 1.1% 9.45%
2014 0.31% 4.95%
2013 1.18% 5.64%
2012 2.38% 1.47%
2011 2.96% 5.02%
2010 1.52% 7.72%
2009 2.08% 1.47%
2008 4.26% 26.8%
2007 1.25% 35%
2006 2.77% 20%
2005 3.01% 9.37%
2004 2.79% 4.53%
2003 1.3% 36.6%
2002 2.19% 57.1%
2001 2.93% 21.1%
2000 2.37% -0.11%
1999 2.13% 18.4%
1998 2.39% 51.5%
1997 3.11% 29.7%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 23 years, Malta has recorded an average annual inflation rate of 2.04%, compared with 16.2% in Myanmar. In 2019, inflation was 1.65% in Malta and 8.83% in Myanmar.

Top exports between countries

Malta
Export category Export value
Processed food, beverages & tobacco $26K
Chemicals & pharma $6K
Myanmar
Export category Export value
Wood & paper products $85K
Processed food, beverages & tobacco $6K
Miscellaneous $1K

Balance of trade

Malta Myanmar
Current account balance
$1.78B
2024
$67.7M
2019
Current account balance ranking
47/190
2024
71/190
2019
Current account balance, % of GDP
+7.12%
2024
+0.09%
2019
Goods imports
$7.56B
2024
$13.7B
2019
Goods exports
$4.58B
2024
$10.8B
2019
Service imports
$17.4B
2024
$3.66B
2019
Service exports
$25B
2024
$6.68B
2019
Imports of goods and services, % of GDP
99.7%
2024
n/a
Exports of goods and services, % of GDP
118.5%
2024
24.3%
2025

Economic freedom indices

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

Malta Myanmar
Economic freedom 68.2 44.5
Economic freedom ranking 49/197 180/197
Property rights 85.5 5.7
Government integrity 54.3 18.1
Judicial effectiveness 80.2 3.9
Tax burden 68.5 88.6
Government spending 58.4 86.6
Fiscal health 63.2 62.7
Business freedom 83.2 37.9
Labor freedom 62.6 53.2
Monetary freedom 73.1 57.5
Trade freedom 79.4 69.4
Investment freedom 60 30
Financial freedom 50 20

Economic freedom comparison by year

Malta
Myanmar
1x
Year Economic freedom index
Malta Myanmar
2026 68.2 44.5
2025 66.8 43.7
2024 64.5 42.2
2023 67.5 46.5
2022 71.5 49.6
2021 70.2 55.2
2020 69.5 54
2019 68.6 53.6
2018 68.5 53.9
2017 67.7 52.5
2016 66.7 48.7
2015 66.5 46.9
2014 66.4 46.5
2013 67.5 39.2
2012 67 38.7
2011 65.7 37.8
2010 67.2 36.7
2009 66.1 37.7
2008 66 39.5
2007 66.1 41
2006 67.3 40
2005 68.9 40.5
2004 63.3 43.6
2003 61.1 44.9
2002 62.2 45.5
2001 62.9 46.1
2000 58.3 47.9
1999 59.3 46.4
1998 61.2 45.7
1997 57.9 45.4
1996 55.8 45.1
1995 56.3 -

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

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

The Economic Freedom Index for Malta is 68.2, ranking 49/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Malta Myanmar
Services, % of GDP
81.8%
2024
41.4%
2024
Industry, % of GDP
10.7%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
0.23%
2024
20.8%
2024
GNI, Atlas method
$20.9B
2024
$65.9B
2024
GNI per capita, PPP
$61,340
2024
$5,890
2024
Total reserves including gold
$1.42B
2024
$9.34B
2023
Total reserves ranking
137/177
2024
81/177
2023
Net foreign direct investment
-$6.13B
2024
-$1.74B
2019
Net inflows of foreign direct investment
$42.6B
2024
$1.1B
2024
Net outflows of foreign direct investment
$36.5B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
1.31%
2024
Poverty at national poverty lines
16.7%
2021
24.8%
2017
Gross capital formation, % of GDP
19%
2024
n/a

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/malta/myanmar | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, 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. TradeMap (2021–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.