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Malta GDP and Economic Data

Country Report 2017 - Includes Malta real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Malta economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Malta best banks and safest banks are also available.

 
 
Source
Central bank

Central Bank of Malta

Source
International Reserves

USD 0.7 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Source
Gross Domestic Product - GDP

USD 11.2 billion (2017, estimate)

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GDP (Purchasing Power Parity)

Intl$ 17.2 billion (2017, estimate)

Source
Real GDP growth
2006 2007 2008 2009 2010 2011 2012
1.9% 3.9% 3.3% -2.4% 3.5% 1.8% 2.8%
2013 2014 2015 2016* 2017*    
4.5% 3.5% 6.2% 4.1% 3.4%    

*Estimate

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GDP per capita - current prices

USD 25,816.1 (2017, estimate)

Source
GDP per capita - PPP

Intl$ 39,886.7 (2017, estimate)

Source
GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
N/A N/A 0.02% 0.01% 0.01%

*Estimate

Source
 
 
Source
GDP - composition by sector
  • agriculture: 1.4% 
  • industry: 11.4% 
  • services: 87.2%

(2015 estimate)

Source
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Source
Inflation
2013 2014 2015 2016* 2017*
1.0% 0.8% 1.2% 1.2% 1.5%

*Estimate

Source
Unemployment rate
2013 2014 2015* 2016* 2017*
6.4% 5.8% 5.4% 4.8% 4.9%

*Estimate

Source
Household saving rates

N/A

Source
Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
68.4% 67% 64% 62.2% 59.7%

*Estimate

Source
Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-2.6% -2% -1.5% -0.8% -0.7%

*Estimate

Source
Government bond ratings

Standard & Poor's: A-

Moody's: A3

Standard & Poor's / Moody's (Updated January 2017)

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Market value of publicly traded shares
2013 2014 2015
USD 4.2 billion USD 3.6 billion USD 4.4 billion
Source
Largest companies

Brait

Source
 
 
Source
Current account balance

USD 0.7 billion (2017 estimate)

Source
Current account balance by percentage of GDP

5.8% (2017 estimate)

Source
Exports as percent of GDP (Exports of goods and services)

140.6% (2015)

Source
Shares in world total merchandising export

0.02% (2015)

Source
Shares in world total commercial services export

0.2% (2015)

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Total exports

USD 2.9 billion (2016 estimate)

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Export commodities

Machinery and mechanical appliances; mineral fuels, oils and petroleum products; pharmaceutical products; books and newspapers; aircraft/spacecraft and parts; toys, games, and sports equipment

Source
Total imports

USD 4.5 billion (2016 estimate)

Source
 
 
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Import commodities

Mineral fuels, oils and products; electrical machinery; aircraft/spacecraft and parts thereof; machinery and mechanical appliances; plastic and other semi-manufactured goods; vehicles and parts

Source
Exports - major partners

Germany 13.3%, France 10.2%, Hong Kong 7.4%, Singapore 7.3%, UK 6.4%, US 5.8%, Italy 5.6%, Japan 4.7% (2015)

Source
Imports - major partners

Italy 23%, Netherlands 8.4%, UK 7.5%, Germany 6.8%, Canada 6.1%, China 4.1%, France 4% (2015)

Source
FDI inflows
2013 2014 2015
USD 12,201 million USD 11,580 million USD 9,532 million
Source
FDI outflows
2013 2014 2015
USD 2,651 million USD 2,366 million USD -215 million
Source
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD 25.4 million USD 22.4 million USD 14.7 million USD 2693.4 million
Source
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Source
Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Source
Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 76 out of 190 countries (2017)

Subcategories:

Starting a business: 132 out of 190 countries

Enforcing Contracts: 58 out of 190 countries

Registering Property: 147 out of 190 countries

Getting Credit: 139 out of 190 countries

Protecting Minority Investors: 32 out of 190 countries

Trading Across Borders: 40 out of 190 countries

Paying Taxes: 33 out of 190 countries

Dealing with Construction Permits: 82 out of 190 countries

Getting Electricity: 77 out of 190 countries

Resolving Insolvency: 84 out of 190 countries

Source
Global competitiveness ranking

40 out of 138 countries

(2016-2017)

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Index of Economic Freedom

Ranking: 55 / Score: 66.7 (Moderately free) (2016)

(100=totally free 0=totally repressed)

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Time zone

UTC+1

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Total area

316 sq km

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Capital

Valletta

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Currency

Euros (EUR)

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Government type

Parliamentary republic

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Languages

Maltese (official) 90.1%, English (official) 6%, multilingual 3%, other 0.9% (2005 est.)

Source
Religions

Roman Catholic (official) more than 90% (2011 est.)

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Total population
1990 2000 2010 2016* 2021*
0.352 million 0.38 million 0.414 million 0.431 million 0.436 million

*Estimate

Source
 
 
Source
Urban population as % of total population
1960 1980 2000 2015
90% 90% 92% 95%
Source
Population median age

41.5 years (2016 estimate)

Source
Population growth rate

0.29% (2016 estimate)

Source
Life expectancy

80.4 years (2016 estimate)

Source
Literacy

Total population: 94.4%
Male: 93.1%
Female: 95.8% (2015 est.)

(age 15 and over can read and write)

Source
% of population living on less than $3.10 a day

N/A

Source
Inequality of wealth distribution (Gini index)

N/A

Source
Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2017)                         

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 53.39%   Mobile 129.30% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Source
Internet users as % of total population

76.18% (2015)

Source
Mercer Cost of living index

N/A

Source
CO2 emissions

5.2 (2013)

Source

World's Best Developed & Emerging Markets Banks

2013
2012
2011
2010
2009

World's Best Internet Banks

2013
2012
2010
2009

World's Best Banks By Region

2014
2011

World's Best Banks

2014
2013
2013

World’s Best Trade Finance Banks

2014
2012
2011
2010

Best of…

2012
2009
2005

Additional Awards

2014
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