Malta's gross capital formation (constant 2015 US$) was US$3.7 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 39.03% from US$2.66 billion in 2015 (3.35% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$3.7 billion | 2025 |
| Five years earlier | US$2.86 billion | 2020 |
| Ten years earlier | US$2.66 billion | 2015 |
| Highest | US$4.25 billion | 2022 |
| Lowest | US$1.03 billion | 2002 |
| Average since 2016 | US$3.27 billion | 2016–2025 |
| First recorded | US$1.56 billion |
What the numbers say
In 2025, Malta's gross capital formation (constant 2015 US$) rose 2.2% on 2024 (from US$3.62 billion to US$3.7 billion).
Across the 24 yearly changes before that (2001 to 2024), the average change was +5.2% and a typical year strayed about 19.6% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 63.7% in 2015 and the biggest yearly fall was 22.9% in 2001. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$150.48 million a year. A straight line explains 67% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Malta had the 99th highest value of the 123 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Malta | US$3.7 billion | 2025 |
| World | US$26.46 trillion | 2025 |
| High income | US$13.68 trillion | 2024 |
Closest to Malta in the 2025 ranking
- Rwanda — 95th of 123: US$4.7 billion
- Niger — 96th of 123: US$4.33 billion
- Congo, Rep. — 97th of 123: US$3.93 billion
- Brunei Darussalam — 99th of 123: US$3.7 billion
- North Macedonia — 100th of 123: US$3.67 billion
- West Bank and Gaza — 101st of 123: US$3.64 billion
What this measures
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on capital formation may be estimated from direct surveys of enterprises and administrative records or based on the commodity flow method using data from production, trade, and construction activities.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 26 values
| Year | Gross capital formation (constant 2015 US$) |
|---|---|
| 2025 | 3,698,287,755 |
| 2024 | 3,617,065,483 |
| 2023 | 3,521,678,840 |
| 2022 | 4,252,877,388 |
| 2021 | 3,629,545,979 |
| 2020 | 2,861,862,881 |
| 2019 | 3,118,363,013 |
| 2018 | 2,801,504,828 |
| 2017 | 2,578,194,295 |
| 2016 | 2,611,136,761 |
Gross capital formation (constant 2015 US$) in nearby economies
- Algeria — US$118.45 billion (2025)
- Bahrain — US$12.01 billion (2024)
- Djibouti — −US$82.41 million (2025)
- Egypt, Arab Rep. — US$44.09 billion (2025)
- Iran, Islamic Rep. — US$184.32 billion (2025)
- Iraq — US$14.54 billion (2024)
- Israel — US$103.93 billion (2025)
- Kuwait — US$23.28 billion (2024)
- Lebanon — US$89.93 million (2024)
- Libya — US$7.95 billion (2025)
More economic policy & debt data for Malta
- Total reserves, including gold (current US$) — US$1.54 billion (2025)
- Total reserves, excluding gold (current US$) — US$1.49 billion (2025)
- Other manufacturing (% of value added in manufacturing) — 46.54% (2023)
- Textiles and clothing (% of value added in manufacturing) — 1.23% (2023)
- Chemicals (% of value added in manufacturing) — 6.47% (2023)
- Machinery and transport equipment (% of value added in manufacturing) — 30.86% (2023)
- Foreign direct investment, net inflows (BoP, current US$) — US$14.36 billion (2025)
- Foreign direct investment, net inflows (% of GDP) — 51.71% (2025)
- General government final consumption expenditure (current US$)
Reading data like this
Questions people ask
- What is Malta's gross capital formation (constant 2015 US$)?
- US$3.7 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 136.7% from US$1.56 billion in 2000 (3.51% a year on average, compounded). The highest value was US$4.25 billion in 2022 and the lowest US$1.03 billion in 2002.
- How does Malta rank?
- 99th highest of 123 economies with data for 2025.
- Is the latest change in gross capital formation (constant 2015 US$) unusual for Malta?
- In 2025, Malta's gross capital formation (constant 2015 US$) rose 2.2% on 2024 (from US$3.62 billion to US$3.7 billion). Across the 24 yearly changes before that (2001 to 2024), the average change was +5.2% and a typical year strayed about 19.6% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.TOTL.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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