Military spending in Malta
Malta: Military spending was 118.50 million constant 2022 US$ in 2023. ◆ Volatile
Latest (2023)
118.50 million constant 2022 US$
Change on year
up 10.7%
World rank
144th
of 172 countries
All-time high
118.50 million constant 2022 US$
in 2023
All-time low
4.51 million constant 2022 US$
in 1970
Years of data
60
1964–2023
Military spending in Malta, 1964–2023
Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
Malta recorded 118.50 million constant 2022 US$ for military spending in 2023. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 10.7% on the previous year and up 87.2% over ten years.
Over the whole period, military spending in Malta peaked at 118.50 million constant 2022 US$ in 2023 and was at its lowest, 4.51 million constant 2022 US$, in 1970.
That places Malta 144th out of 172 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Malta, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1964 | 6.55 million constant 2022 US$ | — |
| 1965 | 6.15 million constant 2022 US$ | -6.1% |
| 1966 | 5.82 million constant 2022 US$ | -5.4% |
| 1967 | 5.52 million constant 2022 US$ | -5.1% |
| 1968 | 5.26 million constant 2022 US$ | -4.8% |
| 1969 | 4.91 million constant 2022 US$ | -6.6% |
| 1970 | 4.51 million constant 2022 US$ | -8.2% |
| 1971 | 5.40 million constant 2022 US$ | +20.0% |
| 1972 | 6.13 million constant 2022 US$ | +13.5% |
| 1973 | 6.13 million constant 2022 US$ | -0.1% |
| 1974 | 7.96 million constant 2022 US$ | +29.9% |
| 1975 | 8.82 million constant 2022 US$ | +10.8% |
| 1976 | 10.62 million constant 2022 US$ | +20.5% |
| 1977 | 12.45 million constant 2022 US$ | +17.2% |
| 1978 | 15.13 million constant 2022 US$ | +21.5% |
| 1979 | 16.92 million constant 2022 US$ | +11.8% |
| 1980 | 16.09 million constant 2022 US$ | -4.9% |
| 1981 | 21.23 million constant 2022 US$ | +32.0% |
| 1982 | 29.96 million constant 2022 US$ | +41.2% |
| 1983 | 32.81 million constant 2022 US$ | +9.5% |
| 1984 | 31.66 million constant 2022 US$ | -3.5% |
| 1985 | 33.70 million constant 2022 US$ | +6.4% |
| 1986 | 36.05 million constant 2022 US$ | +7.0% |
| 1987 | 40.69 million constant 2022 US$ | +12.9% |
| 1988 | 40.87 million constant 2022 US$ | +0.4% |
| 1989 | 38.92 million constant 2022 US$ | -4.8% |
| 1990 | 34.20 million constant 2022 US$ | -12.1% |
| 1991 | 37.86 million constant 2022 US$ | +10.7% |
| 1992 | 39.98 million constant 2022 US$ | +5.6% |
| 1993 | 42.38 million constant 2022 US$ | +6.0% |
| 1994 | 46.99 million constant 2022 US$ | +10.9% |
| 1995 | 48.38 million constant 2022 US$ | +3.0% |
| 1996 | 50.60 million constant 2022 US$ | +4.6% |
| 1997 | 49.63 million constant 2022 US$ | -1.9% |
| 1998 | 46.85 million constant 2022 US$ | -5.6% |
| 1999 | 45.95 million constant 2022 US$ | -1.9% |
| 2000 | 47.08 million constant 2022 US$ | +2.4% |
| 2001 | 50.82 million constant 2022 US$ | +7.9% |
| 2002 | 54.13 million constant 2022 US$ | +6.5% |
| 2003 | 64.85 million constant 2022 US$ | +19.8% |
| 2004 | 66.88 million constant 2022 US$ | +3.1% |
| 2005 | 64.11 million constant 2022 US$ | -4.1% |
| 2006 | 59.45 million constant 2022 US$ | -7.3% |
| 2007 | 60.88 million constant 2022 US$ | +2.4% |
| 2008 | 62.04 million constant 2022 US$ | +1.9% |
| 2009 | 66.03 million constant 2022 US$ | +6.4% |
| 2010 | 63.83 million constant 2022 US$ | -3.3% |
| 2011 | 62.60 million constant 2022 US$ | -1.9% |
| 2012 | 62.51 million constant 2022 US$ | -0.2% |
| 2013 | 63.31 million constant 2022 US$ | +1.3% |
| 2014 | 68.23 million constant 2022 US$ | +7.8% |
| 2015 | 66.88 million constant 2022 US$ | -2.0% |
| 2016 | 68.51 million constant 2022 US$ | +2.4% |
| 2017 | 78.01 million constant 2022 US$ | +13.9% |
| 2018 | 85.81 million constant 2022 US$ | +10.0% |
| 2019 | 97.01 million constant 2022 US$ | +13.0% |
| 2020 | 107.17 million constant 2022 US$ | +10.5% |
| 2021 | 102.83 million constant 2022 US$ | -4.0% |
| 2022 | 107.06 million constant 2022 US$ | +4.1% |
| 2023 | 118.50 million constant 2022 US$ | +10.7% |
Malta compared with similar countries
- Malta's 118.50 million constant 2022 US$ is below the median for high income countries, which is 6.50 billion constant 2022 US$, 2% of the median. (55 countries reporting)
- Malta's 118.50 million constant 2022 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.51 billion constant 2022 US$, 2% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.70 million constant 2022 US$ | 4.91 million constant 2022 US$ | 6.55 million constant 2022 US$ | 6 |
| 1970s | 9.41 million constant 2022 US$ | 4.51 million constant 2022 US$ | 16.92 million constant 2022 US$ | 10 |
| 1980s | 32.20 million constant 2022 US$ | 16.09 million constant 2022 US$ | 40.87 million constant 2022 US$ | 10 |
| 1990s | 44.28 million constant 2022 US$ | 34.20 million constant 2022 US$ | 50.60 million constant 2022 US$ | 10 |
| 2000s | 59.63 million constant 2022 US$ | 47.08 million constant 2022 US$ | 66.88 million constant 2022 US$ | 10 |
| 2010s | 71.67 million constant 2022 US$ | 62.51 million constant 2022 US$ | 97.01 million constant 2022 US$ | 10 |
| 2020s | 108.89 million constant 2022 US$ | 102.83 million constant 2022 US$ | 118.50 million constant 2022 US$ | 4 |
Countries ranked near Malta
- 141 Burundi 136.95 million constant 2022 US$ compare
- 142 Madagascar 124.17 million constant 2022 US$ compare
- 143 Montenegro 120.89 million constant 2022 US$ compare
- 145 Bahamas 118.22 million constant 2022 US$ compare
- 146 Papua New Guinea 116.43 million constant 2022 US$ compare
- 147 Nicaragua 110.71 million constant 2022 US$ compare
More reference data data for Malta
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0121 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0042 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0205 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0008 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0205 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0404 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0227 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0192 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.1009 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0043 (2050)
Frequently asked questions
- What is military spending in Malta?
- Military spending in Malta was 118.50 million constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Malta?
- The highest recorded value was 118.50 million constant 2022 US$ in 2023.
- What is the lowest military spending recorded in Malta?
- The lowest recorded value was 4.51 million constant 2022 US$ in 1970.
- How does Malta rank for military spending?
- Malta ranks 144th out of 172 countries with data for 2023.
- Is military spending rising or falling in Malta?
- Over the last ten years it is up 87.2%. The long-run trend across the full record is volatile.
- Where does this Malta data come from?
- The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.