Malta achieves a record-breaking year in Tourism in 2024

Published by
The Malta Business Weekly
  • 3.56 million tourists visited the Maltese Islands in 2024
  • Total expenditure of €3.3 billion in 2024, compared to €2.7 billion in 2023
  • Each tourist spends an average of €924 during their stay in Malta
  • Malta among the top-performing destinations in the Mediterranean
  • Malta registers a 19.5% growth over 2023, compared to Europe’s modest 5%
  • Tourists choosing to optimise their stays, opting for shorter stays while retaining the same expenditure

The latest figures from the National Statistics Office confirm that Malta’s tourism industry reached new heights in 2024, welcoming a record 3.56 million inbound tourists. This milestone underscores the country’s strong and sustained growth in the global tourism landscape.

Total tourist expenditure rose by 23.1%, up from €2.7 billion in 2023 to €3.3 billion in 2024, with a per capita expenditure of €924. This reflects Malta’s ability to attract higher-spending visitors, reinforcing the industry’s role as a key economic driver.

The results were announced during the 2025 edition of the Malta National Tourism Conference, organised by the Malta Tourism Observatory. In attendance were Deputy Prime Minister and Minister for Foreign Affairs and Tourism Ian Borg, newly appointed Malta Tourism Authority Chairman Dr. Charles Mangion, MTA CEO Carlo Micallef, MTA personnel as well as numerous stakeholders and partners in the local tourism industry.

Malta remains one of the fastest-recovering destinations in the sector. After surpassing pre-pandemic levels in 2023, the country maintained its momentum with a 19.5% increase in arrivals in 2024. This placed Malta among the top-performing destinations in Europe and the Southern Mediterranean, ahead of competitors like Spain, Portugal, Cyprus, and Croatia. While Europe as a whole saw a modest 1% increase over 2019 and 5% over 2023, Malta’s double-digit growth highlights its resilience and growing appeal.

Additionally, UN Tourism data shows that Malta recorded the highest growth rate in tourism receipts among Southern Mediterranean destinations, with a 22% increase in export revenue from tourism. This reinforces the industry’s vital contribution to the Maltese economy and its positive trajectory.

Most of Malta’s top 15 source markets recorded strong growth in 2024. Poland led with a 58.3% increase, followed by Hungary (+35.6%), the Netherlands (+34.0%), and the United Kingdom (+30.6%). The UK regained its position as Malta’s largest inbound market, followed by Italy.

Tourist guest-nights rose to nearly 23 million, up 13% from the previous year. However, the average length of stay declined from 6.8 nights in 2023 to 6.4 nights in 2024, reflecting global travel trends driven by increased flight connectivity and greater travel flexibility.

Malta Tourism Authority CEO Carlo Micallef commented: “The exceptional performance of Malta’s tourism industry in 2024 is a testament to our strategic vision and ongoing investment in the sector. Not only have we exceeded pre-pandemic figures, but we continue to attract high-value visitors year-round, ensuring sustainable growth and efficient use of the country’s resources. This improved performance translates into greater economic value, reinforcing tourism’s role in driving forward the development of Malta and Gozo.”

The Chairman of the Malta Tourism Authority Dr Charles Mangion added: “2024 is a clear reflection of Malta’s strategic efforts to enhance its tourism offering. The strong growth demonstrates the resilience of the sector and the effectiveness of our initiatives. Moving forward, we remain committed to ensuring that this success translates into long-term, sustainable benefits for Malta’s economy and local communities.”

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

Recent Posts

Innovating for a sustainable energy and mobility future

Frankie Borg is the Horizon Europe National Contact Point for Cluster 5 – Climate, Energy…

3 mins ago

Malta’s greylisting had nothing to do with our neutrality

Last weekend I had the opportunity to travel to Brussels for a short while to…

43 mins ago

A genuine appeal

This column normally deals exclusively with economic and financial analysis in order to provide insights…

50 mins ago

How did the US tariffs (if any) affect consumers

Beyond any doubt, public opinion played a significant role in shaping US trade policy during…

54 mins ago

BOV commemorates International Day of Women and Girls in Science

Data Science, AI and Data Analytics shaping BOV’s future Bank of Valletta proudly commemorated the…

59 mins ago

The Phoenicia Malta named four-star hotel in Forbes Travel Guide’s 2025 Star Awards

The Phoenicia Malta earns prestigious accolade; Ratings showcased on ForbesTravelGuide.com Forbes Travel Guide (FTG), the…

19 hours ago