Malta's net domestic credit (current LCU) was 17.88 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 62.46% from 11 billion in 2013 (4.97% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 17.88 billion | 2023 |
| Five years earlier | 14.31 billion | 2018 |
| Ten years earlier | 11 billion | 2013 |
| Highest | 17.88 billion | 2023 |
| Lowest | 6.74 billion | 2006 |
| Average since 2014 | 14.63 billion | 2014–2023 |
| First recorded | 7.67 billion |
What the numbers say
In 2023, Malta's net domestic credit (current LCU) rose 1.7% on 2022 (from 17.58 billion to 17.88 billion).
Across the 17 yearly changes before that (2006 to 2022), the average change was +5.2% and a typical year strayed about 6.1% from that (the standard deviation). This year's change was 0.6 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 15.4% in 2008 and the biggest yearly fall was 12.1% in 2006. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about 713.38 million a year. A straight line explains 97% 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.
A straight-line projection, tested first
Extending that straight line gives about 19.73 billion for 2026. We show this only because the same method, fitted on earlier years, predicted 2021 to 2023 better than "no change" would have: its average miss was 1.04 billion, against 1.54 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2023, Malta had the 8th highest value of the 13 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.
Closest to Malta in the 2023 ranking
- Netherlands — 5th of 13: 1.65 trillion
- Ireland — 6th of 13: 300.76 billion
- Luxembourg — 7th of 13: 139.06 billion
- Tajikistan — 9th of 13: 14.32 billion
- Barbados — 10th of 13: 12.13 billion
- Zimbabwe — 11th of 13: 5.59 billion
What this measures
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 19 values
| Year | Net domestic credit (current LCU) |
|---|---|
| 2023 | 17,875,420,000 |
| 2022 | 17,582,020,000 |
| 2021 | 16,471,060,000 |
| 2020 | 15,773,150,000 |
| 2019 | 14,184,850,000 |
| 2018 | 14,312,430,000 |
| 2017 | 13,144,050,000 |
| 2016 | 12,834,040,000 |
| 2015 | 12,602,180,000 |
| 2014 | 11,552,670,000 |
Net domestic credit (current LCU) in nearby economies
- Afghanistan — -79.38 billion (2020)
- Algeria — 28.47 trillion (2025)
- Bahrain — 10.64 billion (2015)
- Djibouti — 335.15 billion (2025)
- Egypt, Arab Rep. — 18.29 trillion (2025)
- Iran, Islamic Rep. — 10,211.7 trillion (2016)
- Iraq — 78.52 trillion (2024)
- Israel — 2.22 trillion (2025)
- Jordan — 47.43 billion (2025)
- Kuwait — 46.3 billion (2025)
- Lebanon
More financial sector data for Malta
- Consumer price index (2010 = 100) — 134.53 (2025)
- Inflation, consumer prices (annual % growth) — 2.36% (2025)
- Official exchange rate (LCU per US$, period average) — US$0.88 (2025)
- GDP deflator (base year varies by country) — 120.46 (2025)
- DEC alternative conversion factor (LCU per US$) — US$0.88 (2025)
- Inflation, GDP deflator (annual % growth) — 2.18% (2025)
- Real effective exchange rate index (2010 = 100) — 96.55 (2025)
- Inflation, GDP deflator, linked series (annual % growth) — 2.18% (2025)
- GDP deflator, linked series (base year varies by country) — 120.46 (2025)
Reading data like this
Questions people ask
- What is Malta's net domestic credit (current LCU)?
- 17.88 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 133.05% from 7.67 billion in 2005 (4.81% a year on average, compounded). The highest value was 17.88 billion in 2023 and the lowest 6.74 billion in 2006.
- How does Malta rank?
- 8th highest of 13 economies with data for 2023.
Source
World Bank, World Development Indicators, indicator FM.AST.DOMS.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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