Malta’s free market economy – the smallest economy in the euro-zone – relies heavily on trade in both goods and services, principally with Europe. Malta produces less than a quarter of its food needs, has limited fresh water supplies, and has few domestic energy sources. Malta's economy is dependent on foreign trade, manufacturing, and tourism. Malta joined the EU in 2004 and adopted the euro on 1 January 2008. Malta has weathered the euro-zone crisis better than most EU member states due to a low debt-to-GDP ratio and financially sound banking sector. It...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Private Consumption | 2023 Q4 | 1,727,132 | 1,823,834 | Ths. Ch. 2015 EUR, NSA | Quarterly |
Real Government Consumption | 2023 Q4 | 733,038 | 658,370 | Ths. Ch. 2015 EUR, NSA | Quarterly |
Private Consumption | 2023 Q4 | 2,086,679 | 2,201,285 | Ths. EUR, NSA | Quarterly |
Government Consumption | 2023 Q4 | 928,239 | 836,680 | Ths. EUR, NSA | Quarterly |
Nominal Gross Domestic Product | 2023 Q4 | 4,936,165 | 5,164,831 | Ths. EUR, NSA | Quarterly |
Real Investment | 2023 Q4 | 776,994 | 750,743 | Ths. Ch. 2015 EUR, NSA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2023 Q4 | 735,143 | 713,683 | Ths. Ch. 2015 EUR, NSA | Quarterly |
Investment | 2023 Q4 | 974,373 | 934,394 | Ths. EUR, NSA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2023 Q4 | 974,373 | 934,394 | Ths. EUR, NSA | Quarterly |
Real Gross Domestic Product | 2023 Q4 | 3,917,207 | 4,085,370 | Ths. Ch. 2015 EUR, NSA | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Mar 2024 | 119.23 | 118.06 | Index 2015=100, NSA | Monthly |
Producer Price Index (PPI) | Feb 2024 | 108.58 | 109.13 | Index 2021=100, NSA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Total Employment | 2023 Q4 | 305,218 | 301,441 | #, NSA | Quarterly |
Labor Force | 2023 Q4 | 314,146 | 309,164 | #, NSA | Quarterly |
Unemployment | 2023 Q4 | 8,928 | 7,723 | #, NSA | Quarterly |
Labor Force Employment | 2023 Q4 | 305,218 | 301,441 | #, NSA | Quarterly |
Unemployment Rate | Oct 2023 | 0.3 | 0.4 | %, NSA | Monthly |
Agriculture Employment | 2017 | 2,766 | 2,870 | # | Annual |
Wage & Salaries | 2010 | 16,575 | 16,901 | EUR, NSA | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Balance of Goods | Feb 2024 | -174.98 | -277.42 | Euro million, NSA | Monthly |
Exports of Goods | Feb 2024 | 453 | 356.8 | Euro million, NSA | Monthly |
Imports of Goods | Feb 2024 | 627.98 | 634.22 | Euro million, NSA | Monthly |
Imports of Goods and Services | 2023 Q4 | 7,208,125 | 7,226,286 | Ths. EUR, NSA | Quarterly |
Real Net Exports | 2023 Q4 | 633,386 | 811,959 | Ths. Ch. 2015 EUR, NSA | Quarterly |
Real Imports of Goods and Services | 2023 Q4 | 6,043,558 | 6,137,585 | Ths. Ch. 2015 EUR, NSA | Quarterly |
Exports of Goods and Services | 2023 Q4 | 8,093,137 | 8,354,456 | Ths. EUR, NSA | Quarterly |
Real Exports of Goods and Services | 2023 Q4 | 6,676,945 | 6,949,545 | Ths. Ch. 2015 EUR, NSA | Quarterly |
Net Exports | 2023 Q4 | 885,012 | 1,128,170 | Ths. EUR, NSA | Quarterly |
Current Account Balance | 2023 Q4 | 12,628 | 366,463 | Ths. EUR, NSA | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Outstanding Public Debt | Mar 2024 | 9,949,633 | 10,076,136 | Ths. Euros, NSA | Monthly |
Government Expenditures | Mar 2024 | 583,792 | 503,016 | Euro. Thousands, NSA | Monthly |
Government Revenues | Mar 2024 | 473,965 | 736,653 | Euro. Thousands, NSA | Monthly |
Outstanding Public Debt - Foreign | Mar 2024 | 492,398 | 492,462 | Ths. Euros, NSA | Monthly |
Gross External Debt | 2023 Q2 | 0 | 0 | USD, NSA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Average Long-term Government Bond | Mar 2024 | 3.4 | 3.48 | % p.a., NSA | Monthly |
Treasury Bills (over 31 days) | Feb 2024 | 3.2 | 3.51 | % p.a., NSA | Monthly |
Stock Market Index | Feb 2024 | 3,816 | 3,770 | Index, NSA | Monthly |
Money Market Rate | Dec 2021 | -0.49 | -0.49 | % p.a., NSA | Monthly |
Lending Rate | Feb 2013 | 4.69 | 4.72 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
House Price Index | 2023 Q2 | 148.89 | 148.89 | Index 2015=100, NSA | Quarterly |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Mar 2024 | -7.4 | -4.4 | SA | Monthly |
Retail Sales | 2023 Q4 | 164.5 | 164.4 | 2010=100 Index, SA | Quarterly |
Personal Income | 2022 | 43,186 | 40,263 | EUR, NSA | Annual |
Business | Reference | Last | Previous | Units | Frequency |
Capacity Utilization | 2024 Q1 | 75.6 | 84.1 | %, SA | Quarterly |
Business Confidence | Mar 2024 | -11 | -37.9 | SA | Monthly |
Industrial Production | Feb 2024 | 105.58 | 103.39 | Index 2021=100, SA | Monthly |
Change in Inventories | 2023 Q4 | 35,933 | 37,154 | Ths. EUR, NSA | Quarterly |
Real Change in Inventories | 2009 | -14,743,020 | 40,522,741 | NCU | Annual |
Demographics | Reference | Last | Previous | Units | Frequency |
Deaths | 2022 | 4,230 | 4,163 | #, NSA | Annual |
Population | 2020 | 516,100 | 514,564 | # | Annual |
Net Migration | 2017 | 4,501 | # | Annual | |
Death Rate | 2015 | 8 | 7.7 | # per Ths. pop. | Annual |
Birth Rate | 2013 | 9.5 | # per Ths. pop. | Annual |