Economy of Malta. Statistics, Data and Indicators
Malta
| 74A- | Credit rank #36 |
| N/A | Quality of life # |
| 54 | Corruption rank#45 |
| 88 | Ease of doing business#83 |
Malta Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 17.77 USD Billion | 2022 |
| GDP Annual Growth Rate | 3.9 % | 2Q/23 |
| GDP Growth Rate | 1.1 % | 2Q/23 |
| GDP per capita | 30133 USD | 2022 |
| Inflation Rate YoY | 5 % | Aug/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Unemployment Rate | 2.5 % | 2Q/23 |
| Wages | 1831 EUR/Year | 161.875 USD/Month | 2Q/23 |
| Balance of Trade | -552855 EUR Thousand | -0.587 B USD | Aug/23 |
| Current Account | -3787 EUR Thousand | -0.004 B USD | 2Q/23 |
| Government Debt | 9255 EUR Million | 9.819 B USD | 1Q/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 17.77 USD Billion | 2022 |
| GDP Annual Growth Rate | 3.9 % | 2Q/23 |
| GDP Growth Rate | 1.1 % | 2Q/23 |
| GDP per capita | 30133 USD | 2022 |
| Gross National Product | 4278619 EUR Thousand | 4.539 USD Billion | 2Q/23 |
| GDP Constant Prices | 3775849 EUR Thousand | 4.006 B USD | 2Q/23 |
| GDP per capita PPP | 48240 USD | 2022 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 53.4 % | 2022 |
| Government Budget Value | 88972 EUR Thousand | 0.094 USD Billion | May/23 |
| Government Spending | 657951 EUR Thousand | 0.698 USD Billion | 2Q/23 |
| Government Debt | 9255 EUR Million | 9.819 USD Billion | 1Q/23 |
| Government Revenues | 520815 EUR Thousand | 0.553 USD Billion | May/23 |
| Fiscal Expenditure | 431843 EUR Thousand | 0.458 B USD | May/23 |
| Government Budget to GDP | -5.8 % | 2022 |
| Government Spending to GDP | 40.9 % | 2022 |
| Military Expenditure | 87 USD Million | 0.087 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 117 index points | Aug/23 |
| Food Inflation | 10.7 % | Aug/23 |
| Gasoline Prices | 1.42 USD/Liter | Sep/23 |
| GDP Deflator | 80.15 index points | 2Q/23 |
| Inflation Rate YoY | 5 % | Aug/23 |
| Producer Prices | 123 index points | Aug/23 |
| Inflation Rate Mom | 0.4 % | Aug/23 |
| CPI Housing Utilities | 127 Index Points | Aug/23 |
| CPI Transportation | 114 Index Points | Aug/23 |
| Harmonised Consumer Prices | 124 Index Points | Aug/23 |
| Producer Prices Change | 4.42 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -5.8 % | 2022 |
| Balance of Trade | -552855 EUR Thousand | -0.587 USD Billion | Aug/23 |
| Capital Flows | 930549 EUR Thousand | 0.987 USD Billion | 2Q/23 |
| Current Account | -3787 EUR Thousand | -0.004 USD Billion | 2Q/23 |
| Exports | 340406 EUR Thousand | 0.361 USD Billion | Aug/23 |
| External Debt | 95950 EUR Million | 101.793 USD Billion | 1Q/23 |
| Imports | 893261 EUR Thousand | 0.948 USD Billion | Aug/23 |
| Tourist Arrivals | 325457 Persons | 0.325 Million Persons | Jul/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 5.1 % | Aug/23 |
| Gold Reserves | 0.25 Tonnes | 2Q/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Loans to Private Sector | 4533 EUR Million | 4.809 USD Billion | Jul/23 |
| Money Supply M0 | 1492 EUR Million | 1.583 USD Billion | Aug/23 |
| Money Supply M1 | 22533 EUR Million | 23.905 USD Billion | Jul/23 |
| Money Supply M2 | 26569 EUR Million | 28.187 USD Billion | Jul/23 |
| Money Supply M3 | 26467 EUR Million | 28.079 USD Billion | Aug/23 |
| Foreign Direct Investment | 5454 EUR Million | 5.786 B USD | 1Q/23 |
| Private Sector Credit | 13308 EUR Million | 14.118 B USD | Aug/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 835 EUR/Month | 885.848 USD/Month | 3Q/23 |
| Retirement Age Men | 63 | 2022 |
| Retirement Age Women | 63 | 2022 |
| Unemployment Rate | 2.5 % | 2Q/23 |
| Wages | 1831 EUR/Year | 161.875 USD/Month | 2Q/23 |
| Youth Unemployment Rate | 9 % | Aug/23 |
| Employed Persons | 268524 Person | 0.269 Million Person | Apr/23 |
| Employment Change | 1.3 % | 2Q/23 |
| Employment Rate | 78.8 % | 2Q/23 |
| Full Time Employment | 254 Thousand Person | 1Q/23 |
| Labor Force Participation Rate | 80.4 % | 1Q/23 |
| Long Term Unemployment Rate | 0.6 % | 2Q/23 |
| Part Time Employment | 30.5 Thousand Persons | 1Q/23 |
| Unemployed Persons | 974 Persons | 0.001 Million Persons | Aug/23 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 35 % | 2023 |
| Personal Income Tax Rate | 35 % | 2023 |
| Sales Tax Rate | 18 % | 2023 |
| Social Security Rate | 20 % | 2023 |
| Social Security Rate For Companies | 10 % | 2023 |
| Social Security Rate For Employees | 10 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Electricity Production | 229 GWh | Aug/23 |
| Industrial Production | 2.9 % | Aug/23 |
| Mining Production | 32.4 % | Jul/23 |
| Industrial Production (MoM) | 0.6 % | Aug/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 120 index points | Sep/23 |
| Corruption Index | 51 index points | 2022 |
| Corruption Rank | 54 place | 2022 |
| Ease of Doing Business | 88 place | 2019 |
| Manufacturing Production | 3.5 % | Jul/23 |
| Competitiveness Index | 68.55 Index Points | 2019 |
| Competitiveness Rank | 38 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -9.9 index points | Sep/23 |
| Retail Sales MoM | 0.3 % | Aug/23 |
| Retail Sales YoY | 3 % | Aug/23 |
| Consumer Credit | 7987 EUR Million | 8.473 USD Billion | Jul/23 |
| Consumer Spending | 1691239 EUR Thousand | 1.794 USD Billion | 2Q/23 |
