Malta Economic Statistics and Indicators

23, Sep 2020, EDT. Welcome to the Malta economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Malta › Change country
National or Regional Currency: Euro, EUR
Year of data: 2015 › Change year
Number of Indicators Listed: 38
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 412,655 (July 2014 est.)
Area: total: 316 sq km ; land: 316 sq km ; water: 0 sq km
Natural Resources: limestone, salt, arable land
Capital: name: Valletta ; geographic coordinates: 35 53 N, 14 30 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Malta - the smallest economy in the euro zone - produces only about 20% of its food needs, has limited fresh water supplies, and has few domestic energy sources. Malta's geographic position between Europe and North Africa makes it a target for irregular migration, which has strained Malta's political and economic resources. Malta's fertility rate is below the EU average, and population growth in recent years has largely been from immigration, putting increasing pressure on the pension system. Malta adopted the euro on 1 January 2008. Malta's economy is dependent on foreign trade, manufacturing, and tourism, and was hurt by the global economic downturn, but fared better than most other EU member states. Malta has low unemployment relative to other European countries, and growth has recovered since the 2009 recession. Malta's financial services industry has grown in recent years and it has avoided contagion from the European financial crisis, largely because its debt is mostly held domestically and its banks have low exposure to the sovereign debt of peripheral European countries. The EU reopened an excessive deficit procedure against Malta in June 2013, having found that its forecasted deficit for the year was likely to exceed 3% of GDP.
More on the Malta Economy
More on the Malta Export, Import and Trade

GDP (Constant Prices, National Currency) for Malta in year 2015 is EUR 7.938 Billion.

GDP Growth (Constant Prices, National Currency) for Malta in year 2015 is 6.335 %.

GDP (Current Prices, National Currency) for Malta in year 2015 is EUR 8.796 Billion.

GDP (Current Prices, US Dollars) for Malta in year 2015 is US$ 9.761 Billion.

GDP Deflator for Malta in year 2015 is 110.816 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Malta in year 2015 is EUR 18488.438 .

GDP Per Capita (Current Prices, National Currency) for Malta in year 2015 is EUR 20488.212 .

GDP Per Capita (Current Prices, US Dollars) for Malta in year 2015 is US$ 22734.233 .

Output Gap, Percent of Potential GDP for Malta in year 2015 is 1.641 %.

GDP (PPP), US Dollars for Malta in year 2015 is US$ 15.459 Billion.

GDP Per Capita (PPP), US Dollars for Malta in year 2015 is US$ 36004.956 .

GDP Share of World Total (PPP) for Malta in year 2015 is 0.014 %.

Implied PPP Conversion Rate for Malta in year 2015 is 0.569 .

Investment (% of GDP) for Malta in year 2015 is 21.034 %.

Gross National Savings (% of GDP) for Malta in year 2015 is 30.885 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Malta in year 2015 is 100.003 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Malta in year 2015 is 1.176 %.

Inflation, End of Year (Indexed to Year 2000) for Malta in year 2015 is 98.6 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Malta in year 2015 is 1.253 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Malta in year 2015 is 2.974 %.

Import Volumes of Goods Only (Percent Change) for Malta in year 2015 is 2.974 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Malta in year 2015 is 2.387 %.

Export Volumes of Goods Only (Percent Change) for Malta in year 2015 is 2.387 %.

Unemployment Rate (% of Labour Force) for Malta in year 2015 is 5.4 %.

Employment for Malta in year 2015 is 0.186 Million .

Population for Malta in year 2015 is 0.429 Million .

General government revenue (National Currency) for Malta in year 2015 is EUR 3.683 Billions.

General government revenue (% of GDP) for Malta in year 2015 is 41.87 %.

General government total expenditure (National Currency) for Malta in year 2015 is EUR 3.812 Billions.

General government total expenditure (% of GDP) for Malta in year 2015 is 43.336 %.

Total Government Net Lending/ Borrowing (National Currency) for Malta in year 2015 is EUR -0.129 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Malta in year 2015 is -1.466 %.

General Government Structural Balance (National Currency) for Malta in year 2015 is EUR -0.211 Billion.

General Government Structural Balance (% Potential GDP) for Malta in year 2015 is -2.547 %.

Fiscal Year Gross Domestic Product, Current Prices for Malta in year 2015 is EUR 8.796 Billions.

Current Account Balance (US Dollars) for Malta in year 2015 is US$ 0.962 Billion.

Current Account Balance (% GDP) for Malta in year 2015 is 9.851 %.