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Economy of Malta. Statistics, Data and Indicators

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Malta
74A- Credit rank #36
N/A Quality of life #
54 Corruption rank#45
88 Ease of doing business#83
Malta


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



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