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Economy of Malta vs Uzbekistan compared: GDP & Debt

Updated on by Georank

Malta has a GDP of $27.8B compared to $147B for Uzbekistan, ranking 118/197 and 61/197 by economy size, respectively.

Malta has $13B in government debt (46.8% of GDP), compared to $42B (28.6% of GDP) in Uzbekistan.

Malta vs Uzbekistan GDP by year

Malta
Uzbekistan
1x
Year GDP, current $
Malta Uzbekistan
2025 $27,771,821,561 $147,038,081,129
2024 $25,042,712,191 $121,356,065,241
2023 $22,625,329,776 $107,526,539,716
2022 $18,938,869,147 $94,286,355,836
2021 $19,730,119,031 $81,170,051,811
2020 $16,404,655,808 $70,127,127,133
2019 $16,337,788,881 $70,170,662,563
2018 $16,153,785,817 $61,318,332,403
2017 $14,161,374,599 $72,276,404,058
2016 $12,025,777,078 $97,871,364,319
2015 $11,340,789,706 $97,564,568,987
2014 $11,888,029,752 $91,303,765,114
2013 $10,796,780,874 $82,674,178,352
2012 $9,609,530,619 $75,318,846,931
2011 $9,789,363,086 $67,404,618,405
2010 $9,097,044,301 $55,544,226,553
2009 $8,769,897,418 $33,689,223,673
2008 $9,172,399,573 $29,549,438,884
2007 $7,908,412,374 $22,311,393,928
2006 $6,749,838,862 $17,330,833,853
2005 $6,393,234,965 $14,307,509,839
2004 $6,104,141,501 $12,030,023,548
2003 $5,418,315,225 $10,134,453,435
2002 $4,455,127,398 $9,687,788,513
2001 $4,070,867,153 $11,401,421,329
2000 $4,036,809,767 $13,760,513,969
1999 $4,111,857,836 $17,078,465,982
1998 $4,010,111,652 $14,988,971,211
1997 $3,787,023,655 $14,744,603,774
1996 $3,822,547,151 $13,948,892,216
1995 $3,709,396,089 $13,350,461,265
1994 $2,998,505,428 $12,899,074,922
1993 $2,709,193,538 $13,099,920,056
1992 $3,021,942,759 $12,953,801,760
1991 $2,750,216,747 $13,800,167,712
1990 $2,547,328,748 $13,362,340,338
1989 $2,118,655,677 $11,948,815,258
1988 $2,019,503,068 $10,722,799,639
1987 $1,751,293,461 $8,523,160,593
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 (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Malta vs Uzbekistan by year

Malta
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Malta Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $47,907 - $3,968 -
2024 $44,024 $69,864 $3,337 $11,879
2023 $40,933 $67,057 $3,016 $11,107
2022 $35,659 $60,589 $2,699 $10,293
2021 $38,078 $56,852 $2,370 $9,248
2020 $31,823 $49,972 $2,088 $8,452
2019 $32,422 $51,393 $2,129 $8,544
2018 $33,382 $48,178 $1,894 $8,129
2017 $30,317 $45,764 $2,271 $7,818
2016 $26,459 $41,000 $3,128 $6,919
2015 $25,530 $38,369 $3,173 $6,800
2014 $27,425 $35,206 $3,021 $6,610
2013 $25,416 $33,138 $2,781 $6,413
2012 $22,878 $30,716 $2,574 $6,168
2011 $23,517 $29,426 $2,339 $5,949
2010 $21,947 $28,909 $1,957 $5,505
2009 $21,262 $26,782 $1,206 $5,135
2008 $22,406 $26,654 $1,075 $4,800
2007 $19,444 $25,012 $824 $4,386
2006 $16,654 $23,219 $649 $3,956
2005 $15,831 $22,227 $543 $3,618
2004 $15,212 $21,566 $462 $3,321
2003 $13,594 $20,813 $394 $3,047
2002 $11,251 $19,532 $381 $2,902
2001 $10,358 $18,435 $454 $2,782
2000 $10,348 $18,214 $555 $2,644
1999 $10,609 $16,898 $698 $2,522
1998 $10,408 $16,219 $621 $2,418
1997 $9,893 $15,465 $621 $2,329
1996 $10,062 $14,661 $597 $2,214
1995 $9,828 $13,950 $583 $2,178
1994 $8,000 $12,938 $574 $2,197
1993 $7,296 $12,103 $596 $2,318
1992 $8,220 $11,429 $603 $2,371
1991 $7,559 $10,784 $658 $2,676
1990 $7,192 $10,086 $653 $2,665
1989 $6,041 - $598 -
1988 $5,814 - $551 -
1987 $5,084 - $450 -
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 (1970–2025, retrieved 2026-07-08).

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

Malta's GDP per capita is $47,907, ranking 28/197, compared to $3,968 in Uzbekistan, ranking 134/197. Adjusted for purchasing power (GDP per capita PPP), Malta ranks 25th at $69,864, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Malta Uzbekistan
Gross domestic product
$27.8B
2025
$147B
2025
GDP rank
118/197
2025
61/197
2025
GDP growth
3.96%
2024-2025
7.7%
2024-2025
GDP per capita
$47,907
2025
$3,968
2025
GDP per capita rank
28/197
2025
134/197
2025
GDP per capita, PPP
$69,864
2024
$11,879
2024
GDP per capita PPP rank
25/197
2024
125/197
2024
Government debt
$13B
2025
$42B
2025
Debt-to-GDP ratio
46.8%
2025
28.6%
2025
Government debt per person
$22,407
2025
$1,134
2025
Government debt per person rank
30/185
2025
139/185
2025
Average annual personal income after taxes
$22,914
2026
$3,560
2026
Market capitalization of domestic companies
$5.35B
2025
$23.7B
2025
Income share by richest 10%
24.7%
2023
24.2%
2025
Income share by poorest 10%
2.8%
2023
2.4%
2025
Government expenditure, % of GDP
37%
2025
27.4%
2025
Consumer prices inflation
2.36%
2024-2025
8.8%
2024-2025
Central bank interest rate n/a
14%
2025
Unemployment rate
3.1%
2025
5.29%
2020
Population
586345
38082870

Spending and national debt comparison by year

Malta
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Malta Uzbekistan
Government spending Government debt Government spending Government debt
2025 37% 46.8% 27.4% 28.6%
2024 37.4% 46% 26.1% 30.9%
2023 35.8% 46.8% 28.6% 30.7%
2022 38.4% 50.1% 30% 29.2%
2021 39.5% 49.6% 26.1% 30.2%
2020 42.1% 48.6% 24.7% 31.9%
2019 34.9% 39.2% 23.4% 24.3%
2018 34.5% 41.4% 21.2% 16.7%
2017 32.7% 45.6% 19.9% 17.3%
2016 35.5% 53.1% 20.5% 7.21%
2015 37.8% 55% 21.7% 5.94%
2014 39.6% 60.7% 22% 5.39%
2013 40.1% 64.9% 22.3% 5.51%
2012 41.7% 65.6% 21.5% 6.06%
2011 41.5% 68.9% 21.1% 5.65%
2010 40.1% 65% 23.7% 5.92%
2009 41.1% 66% 24.7% 6.57%
2008 42.1% 61.5% 23.8% 7.5%
2007 41.2% 62% 22.4% 8.6%
2006 42.5% 64.5% 22.3% 12.2%
2005 42.5% 70.2% 25.3% 18.9%
2004 42% 70.4% 26.5% 24.2%
2003 45.6% 68.6% 28.4% 28.3%
2002 43.6% 65.1% 31.2% 37.5%
2001 44.4% 70% 27.6% 40.4%
2000 42.9% 64.4% 29.6% 26.5%
1999 - 69.8% 30.3% 16.6%
1998 - 66.4% 31.6% 16.2%
1997 - 60.8% 28.7% 13.8%
1996 - 51.5% 31.6% -
1995 - 45.3% 26.5% -
1994 - - 24.4% -
1993 - - 35.6% -
1992 - - 16.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2025, Malta's government spending was $10.3B, accounting for 37% of its GDP, while Uzbekistan spent $40.2B, or 27.4% of GDP.

Debt-to-GDP ratio is 46.8% in Malta and 28.6% in Uzbekistan, ranking 113/185 and 159/185, respectively.

Government deficit by year

Deficit/surplus
Malta

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Malta Uzbekistan
2025 -3.1% -1.66%
2024 -3.51% -2.25%
2023 -4.43% -3.85%
2022 -5.33% -3.49%
2021 -6.96% -3.9%
2020 -8.71% -2.8%
2019 0.72% -0.29%
2018 1.86% 1.57%
2017 3.4% 1.04%
2016 1.1% 0.62%
2015 -0.84% -0.24%
2014 -1.49% 1.68%
2013 -2.19% 1.9%
2012 -3.31% 5.28%
2011 -2.99% 4.56%
2010 -2.22% 2.29%
2009 -3.11% 1.64%
2008 -4.06% 5.38%
2007 -2.05% 3.2%
2006 -2.46% 2.45%
2005 -2.83% -3.17%
2004 -4.28% -3.37%
2003 -9.04% -4.39%
2002 -5.62% -5.69%
2001 -6.5% -2.95%
2000 -5.83% -3.29%
1999 - -2.62%
1998 - -2.74%
1997 - -1.85%
1996 - -1.41%
1995 - -1.59%
1994 - -4.03%
1993 - -10.8%
1992 - 6.44%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

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

In 2025, Malta's government deficit, the difference between spending and revenue, was $861M, equivalent to 3.1% of GDP. This compares to Uzbekistan's deficit of $2.43B, or 1.66% of GDP.

Over the past 26 years, Malta recorded a fiscal deficit in 22 of those years, while Uzbekistan ran a deficit in 14 years. On average, Malta posted an annual deficit equal to 3.22% of GDP, compared to deficit of 0.37% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Malta

Uzbekistan
1x
Year Consumer prices inflation
Malta Uzbekistan
2025 2.36% 8.8%
2024 1.65% 9.6%
2023 5.09% 10%
2022 6.15% 11.4%
2021 1.5% 10.8%
2020 0.64% 12.9%
2019 1.64% 14.5%
2018 1.16% 17.5%
2017 1.36% 13.9%
2016 0.64% 8.8%
2015 1.1% 8.5%
2014 0.31% 9.1%
2013 1.18% 11.7%
2012 2.38% 11.9%
2011 2.96% 12.4%
2010 1.52% 12.3%
2009 2.08% 12.3%
2008 4.26% 13.1%
2007 1.25% 11.2%
2006 2.77% 13.1%
2005 3.01% 10.7%
2004 2.79% 7.3%
2003 1.3% 12.5%
2002 2.19% 27.3%
2001 2.93% 27.3%
2000 2.37% 25%
1999 2.13% 29.1%
1998 2.39% 29%
1997 3.11% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Malta has recorded an average annual inflation rate of 2.22%, compared with 16.3% in Uzbekistan. In 2025, inflation was 2.36% in Malta and 8.8% in Uzbekistan.

Top exports between countries

Malta
Export category Export value
Chemicals & pharma $248K
Textiles & consumer goods $104K
Machinery & equipment $10K
Wood & paper products $9K
Uzbekistan
Export category Export value
Metals $869K
Raw materials & minerals $113K
Machinery & equipment $103K
Textiles & consumer goods $3K

Balance of trade

Malta Uzbekistan
Current account balance
$1.78B
2024
-$5.78B
2025
Current account balance ranking
45/190
2024
167/190
2025
Current account balance, % of GDP
+7.1%
2024
-3.93%
2025
Goods imports
$7.56B
2024
$38.5B
2025
Goods exports
$4.58B
2024
$23B
2025
Service imports
$17.4B
2024
$13.6B
2025
Service exports
$25B
2024
$9.27B
2025
Imports of goods and services, % of GDP
99.9%
2025
35.4%
2025
Exports of goods and services, % of GDP
119.1%
2025
22%
2025

Economic freedom indices

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

Malta Uzbekistan
Economic freedom 68.2 60.3
Economic freedom ranking 49/197 94/197
Property rights 85.5 43.1
Government integrity 54.3 32
Judicial effectiveness 80.2 13.7
Tax burden 68.5 95
Government spending 58.4 73.7
Fiscal health 63.2 79.9
Business freedom 83.2 62.5
Labor freedom 62.6 48.4
Monetary freedom 73.1 65.1
Trade freedom 79.4 80.6
Investment freedom 60 70
Financial freedom 50 60

Economic freedom comparison by year

Malta
Uzbekistan
1x
Year Economic freedom index
Malta Uzbekistan
2026 68.2 60.3
2025 66.8 58
2024 64.5 55.9
2023 67.5 56.5
2022 71.5 55.7
2021 70.2 58.3
2020 69.5 57.2
2019 68.6 53.3
2018 68.5 51.5
2017 67.7 52.3
2016 66.7 46
2015 66.5 47
2014 66.4 46.5
2013 67.5 46
2012 67 45.8
2011 65.7 45.8
2010 67.2 47.5
2009 66.1 50.5
2008 66 51.9
2007 66.1 51.5
2006 67.3 48.7
2005 68.9 45.8
2004 63.3 39.1
2003 61.1 38.3
2002 62.2 38.5
2001 62.9 38.2
2000 58.3 38.1
1999 59.3 33.8
1998 61.2 31.5
1997 57.9 -
1996 55.8 -
1995 56.3 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Malta is 68.2, ranking 49/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Malta Uzbekistan
Services, % of GDP
81.3%
2025
46.5%
2025
Industry, % of GDP
10.1%
2025
32.5%
2025
Agriculture, forestry, and fishing, % of GDP
0.47%
2025
16.6%
2025
GNI, Atlas method
$24B
2025
$136B
2025
GNI per capita, PPP
$64,900
2025
$13,640
2025
Total reserves including gold
$1.54B
2025
$41.2B
2024
Total reserves ranking
134/177
2025
53/177
2024
Net foreign direct investment
-$6.13B
2024
-$4.24B
2025
Net inflows of foreign direct investment
$42.6B
2024
$2.97B
2024
Net outflows of foreign direct investment
$36.5B
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI n/a
9.37%
2024
Poverty at national poverty lines
16.7%
2021
5.8%
2025
Gross capital formation, % of GDP
18.7%
2025
33.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2022–2024, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.