Corporate Tax Rates by Country 2015
Taxes paid by corporations can be measured in a number of ways, including the marginal corporate tax rate and the total taxes paid as a percentage of profits.
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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Central bank
Central Bank of Malta
International Reserves
USD 1.0 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
Gross Domestic Product - GDP
USD 14.5 billion (2018, estimate)
GDP (Purchasing Power Parity)
Intl$ 21.3 billion (2018, estimate)
Real GDP growth
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
| 4% | 3.3% | -2.4% | 3.5% | 1.4% | 2.7% | 4.6% |
| 2014 | 2015 | 2016 | 2017* | 2018* | ||
| 8.6% | 10.6% | 5.7% | 6.7% | 6.4% |
*Estimate
GDP per capita - current prices
USD 31,058.4 (2018, estimate)
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2019* |
| N/A | N/A | 0.02% | 0.01% | 0.02% |
*Estimate
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GDP - composition by sector
- agriculture: 0.9%
- industry: 12%
- services: 75%
(2018 estimate)
Inflation
| 2015 | 2016 | 2017 | 2017* | 2018* |
| 1.2% | 0.9% | 1.3% | 1.7% | 1.7% |
*Estimate
Unemployment rate
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 5.4% | 4.7% | 4% | 3.7% | 3.8% |
*Estimate
Public debt (General government gross debt as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 57.8% | 55.5% | 50.3% | 45.2% | 42.3% |
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| -1.1% | 0.9% | 3.4% | 2% | 0.5% |
*Estimate
Government bond ratings
Standard & Poor's: A-
Moody's: A2
Standard & Poor's / Moody's
Source
Market value of publicly traded shares
| 2016 | 2017 | 2018 |
| USD 4.4 billion | USD 5.2 billion | USD 5.1 billion |
Source
Current account balance by percentage of GDP
9.8 % (2018 estimate)
Exports as percent of GDP (Exports of goods and services)
144.6% (2018)
Shares in world total merchandising export
0.02% (2018)
Shares in world total commercial services export
0.26% (2018)
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 17.3%, France 10.2%, Italy 9.4%, Singapore 5.9%, Hong Kong 5.8%, US 5.7%, Japan 4.9%, Libya 4.5% (2017)
Imports - major partners
Italy 23%, Germany 7.9%, UK 7.7%, Spain 5%, Canada 4.5%, US 4.3%, France 4.2% (2017)
FDI inflows
| 2016 | 2017 | 2018 |
| USD 4,246 million | USD 3,566 million | USD 4,061 million |
FDI outflows
| 2016 | 2017 | 2018 |
| USD -5,294 million | USD -7,052 million | USD -7,326 million |
Value of cross-border M&A, by country of purchaser
| 2015 | 2016 | 2017 | 2018 |
| USD 2,699.8 million | USD -1,139.4 million | USD 115.4 million | USD 0.8 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:
88 out of 190 countries
Subcategories:
Starting a Business: 86 out of 190 countries
Dealing with Construction Permits: 57 out of 190 countries
Getting Electricity: 73 out of 190 countries
Registering Property: 152 out of 190 countries
Getting Credit: 144 out of 190 countries
Protecting Minority Investors: 51 out of 190 countries
Paying Taxes: 78 out of 190 countries
Trading across Borders: 48 out of 190 countries
Enforcing Contracts: 41 out of 190 countries
Resolving Insolvency: 121 out of 190 countries
Source
Global competitiveness ranking
38 out of 141 countries
(2019)
Index of Economic Freedom
Ranking: 41 / Score: 68.6 (Moderately free)
(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 | 2015 | 2020* |
| 0.35 million | 0.39 million | 0.41 million | 0.44 million | 0.49 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2018 |
| 90.1% | 89.8% | 92.4% | 94.6% |
Literacy
Total population: 94.4%
Male: 93.1%
Female: 95.8%
Definition: age 15 and over can read and write (2015 est.)
% of population living on less than $3.10 a day
0.2% (last available estimate, 2015)
Inequality of wealth distribution (Gini index)
29.4 (last available estimate, 2015)
Source
Freedom House rating
Free
Political Rights: 2
Civil Liberties: 1 (2019)
(1 represents the most free, 7 the least free rating)
Source
Total telephone subscribers as % of population
Fixed: 58.2% Mobile: 140.2% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)