Poorest Countries in the World
All these extremely fragile and underdeveloped economies have either recently been through a civil war or are suffering from ongoing sectarian or ethnic conflicts.
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.
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International Reserves
USD 0.7 billion (2016)
International Monetary Fund (IMF), data retrieved January 2017
Gross Domestic Product - GDP
USD 11.2 billion (2017, estimate)
GDP (Purchasing Power Parity)
Intl$ 17.2 billion (2017, estimate)
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
GDP per capita - current prices
USD 25,816.1 (2017, estimate)
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2017* |
| N/A | N/A | 0.02% | 0.01% | 0.01% |
*Estimate
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GDP - composition by sector
- agriculture: 1.4%
- industry: 11.4%
- services: 87.2%
(2015 estimate)
Inflation
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 1.0% | 0.8% | 1.2% | 1.2% | 1.5% |
*Estimate
Unemployment rate
| 2013 | 2014 | 2015* | 2016* | 2017* |
| 6.4% | 5.8% | 5.4% | 4.8% | 4.9% |
*Estimate
Public debt (General government gross debt as a % of GDP)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 68.4% | 67% | 64% | 62.2% | 59.7% |
*Estimate
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
Government bond ratings
Standard & Poor's: A-
Moody's: A3
Standard & Poor's / Moody's (Updated January 2017)
Source
Market value of publicly traded shares
| 2013 | 2014 | 2015 |
| USD 4.2 billion | USD 3.6 billion | USD 4.4 billion |
Source
Current account balance by percentage of GDP
5.8% (2017 estimate)
Exports as percent of GDP (Exports of goods and services)
140.6% (2015)
Shares in world total merchandising export
0.02% (2015)
Shares in world total commercial services export
0.2% (2015)
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
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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
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)
Imports - major partners
Italy 23%, Netherlands 8.4%, UK 7.5%, Germany 6.8%, Canada 6.1%, China 4.1%, France 4% (2015)
FDI inflows
| 2013 | 2014 | 2015 |
| USD 12,201 million | USD 11,580 million | USD 9,532 million |
FDI outflows
| 2013 | 2014 | 2015 |
| USD 2,651 million | USD 2,366 million | USD -215 million |
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 |
Cross-border M&A deals worth over $3 billion completed in 2014
N/A
Cross-border M&A deals worth over $3 billion completed in 2015
N/A
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)
Index of Economic Freedom
Ranking: 55 / Score: 66.7 (Moderately free) (2016)
(100=totally free 0=totally repressed)
Source
Source
Languages
Maltese (official) 90.1%, English (official) 6%, multilingual 3%, other 0.9% (2005 est.)
Total population
| 1990 | 2000 | 2010 | 2016* | 2021* |
| 0.352 million | 0.38 million | 0.414 million | 0.431 million | 0.436 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2015 |
| 90% | 90% | 92% | 95% |
Literacy
Total population: 94.4%
Male: 93.1%
Female: 95.8% (2015 est.)
(age 15 and over can read and write)
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)