Malta: Trade openness

* indicates monthly or quarterly data series
 Malta

Trade openness: exports plus imports as percent of GDP

 Latest value 314.00
 Year 2023
 Measure percent
 Data availability 1970 - 2023
 Average 217.48
 Min - Max 113.98 - 333.00
 Source The World Bank
The latest value from 2023 is 314 percent, a decline from 318.67 percent in 2022. In comparison, the world average is 94.79 percent, based on data from 138 countries. Historically, the average for Malta from 1970 to 2023 is 217.48 percent. The minimum value, 113.98 percent, was reached in 1972 while the maximum of 333 percent was recorded in 2020. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Malta - Trade openness - Recent values chart

Historical series
Malta - Trade openness - historical chart - 1970-2023




Definition: Exports plus imports as percent of GDP.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 104.12 2021 percent
 Trade openness 314.00 2023 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 166.71 2023 percent
 Exports, billion dollars 34.94 2023 billion U.S. dollars
 Growth of exports 8.67 2023 percent
 Imports, percent of GDP 147.29 2023 percent
 Imports, billion dollars 30.87 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 99.73 2023 percent
 Foreign Direct Investment, billion dollars 4.83 2022 billion U.S. dollars
 Portfolio investment inflows, equities 309.94 2022 million dollars (current)
 Current account, percent of GDP 0.90 2023 percent
 Current account, in dollars -1.02 2022 billion U.S. dollars
 Trade balance, percent of GDP 19.42 2023 percent
 Trade balance, in dollars 1.53 2022 billion U.S. dollars
 Reserves 1.22 2023 billion U.S. dollars
 Remittances, percent of GDP 1.11 2023 percent
 Remittances 233.09 2023 million U.S. dollars
 Net errors and omissions -1,216.76 2022 million USD
 Foreign exchange reserves 1.35 9/2024 billion
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