Malta
MLTMiddle East, North Africa, Afghanistan & PakistanHigh incomeCapital: Valletta▶About Malta
Malta's GDP is $30.44B (2026), with a population of 568,847, and GDP per capita of $53,082. Key indicators include real GDP growth of 3.9%, inflation at 2.0%, unemployment at 2.5%, government debt at 47.3% of GDP, life expectancy of 83.5 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
The economy is characterized by high income levels, with a projected GDP of $30.437 billion in 2026. The GDP growth rate is expected to be 3.9% in the same year, indicating a robust economic performance. The GDP per capita is forecasted to reach $53,082.01, reflecting a high standard of living. Inflation is projected to be 2.0% in 2026, suggesting stable price levels. Trade is a significant component of the economy, with trade as a percentage of GDP at 218.17% in 2024. Unemployment is expected to be low, at 2.896% in 2025, indicating a strong labor market. Society benefits from a high life expectancy of 83.51 years as of 2023, reflecting good healthcare and living conditions. The population stands at approximately 568,847 in 2024. The capital, Valletta, serves as a key administrative and economic hub. The region is part of the Middle East, North Africa, Afghanistan & Pakistan grouping, highlighting its strategic location and cultural influences.
▶Economy28 indicators · 2021–2027 · IMF / WB
▶Financial Markets1 indicator · 2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Central Bank Policy Rate (%) | 2.26% | 2025 | ▼ 39.4% | WB |
▶Fiscal & Monetary16 indicators · 2023–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 2.0% | 2027 | ▲ 0.0% | IMF |
| Govt Gross Debt (% of GDP) | 47.2% | 2027 | ▼ 0.2% | IMF |
| Fiscal Balance (% of GDP) | -2.5% | 2027 | ▲ 10.7% | IMF |
| Current Account Balance (% of GDP) | 3.8% | 2027 | ▼ 13.6% | IMF |
| Unemployment Rate (%) | 2.5% | 2027 | ▲ 0.0% | IMF |
| Inflation, CPI (%, World Bank) | 1.7% | 2024 | ▼ 67.6% | WB |
| Government Revenue (% of GDP) | 30.7% | 2023 | ▼ 5.4% | WB |
| Government Expenditure (% of GDP) | 33.7% | 2023 | ▼ 7.7% | WB |
| Tax Revenue (% of GDP) | 21.5% | 2023 | ▼ 6.6% | WB |
| Taxes on Goods & Services (% of revenue) | 31.3% | 2023 | ▼ 0.7% | WB |
| Taxes on Income, Profits & Capital Gains (% of rev) | 37.0% | 2023 | ▼ 1.6% | WB |
| Net Investment in Nonfinancial Assets (% of GDP) | 3.3% | 2023 | ▲ 5.0% | WB |
| Total Reserves incl. Gold (USD) | $1.42B | 2024 | ▲ 15.9% | WB |
| Total Reserves (months of imports) | 0.2 | 2024 | ▼ 21.1% | WB |
| Official Exchange Rate (per USD) | 0.92 | 2024 | ▼ 0.1% | WB |
| PPP Conversion Factor | 0.58 | 2024 | ▲ 2.9% | WB |
▶Trade15 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 218.2% | 2024 | ▼ 1.3% | WB |
| Exports of Goods & Services (% of GDP) | 118.5% | 2024 | ▼ 0.9% | WB |
| Imports of Goods & Services (% of GDP) | 99.7% | 2024 | ▼ 1.8% | WB |
| Exports of Goods & Services (USD) | $29.59B | 2024 | ▲ 9.5% | WB |
| Imports of Goods & Services (USD) | $24.89B | 2024 | ▲ 8.5% | WB |
| Merchandise Exports (USD) | $3.78B | 2024 | ▲ 9.1% | WB |
| Merchandise Imports (USD) | $9.46B | 2024 | ▲ 12.6% | WB |
| FDI Inflows (% of GDP) | 170.5% | 2024 | ▲ 56.7% | WB |
| FDI Outflows (% of GDP) | 146.0% | 2024 | ▲ 28.4% | WB |
| FDI Net Inflows (USD) | $42.59B | 2024 | ▲ 73.1% | WB |
| Personal Remittances Received (USD) | $15.7M | 2024 | ▲ 0.6% | WB |
| Personal Remittances Received (% of GDP) | 0.1% | 2024 | ▼ 9.0% | WB |
| High-Tech Exports (% of manufactured) | 45.2% | 2024 | ▲ 4.4% | WB |
| Current Account Balance (% of GDP) | 7.1% | 2024 | ▲ 13.0% | WB |
| Current Account Balance (USD) | $1.78B | 2024 | ▲ 24.8% | WB |
▶Finance11 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 61.9% | 2024 | ▼ 3.6% | WB |
| Stock Market Capitalization (% of GDP) | 17.2% | 2024 | ▼ 24.7% | WB |
| Stock Market Capitalization (USD) | $4.29B | 2024 | ▼ 16.8% | WB |
| Stock Market Turnover (% of GDP) | 0.2% | 2024 | ▼ 24.9% | WB |
| Listed Domestic Companies | 34 | 2024 | ▲ 0.0% | WB |
| Bank Capital to Assets Ratio (%) | 7.9% | 2023 | ▲ 9.2% | WB |
| Bank Nonperforming Loans (%) | 3.1% | 2023 | ▼ 10.2% | WB |
| Account Ownership at Financial Institution (%) | 96.6% | 2024 | ▲ 0.1% | WB |
| Account Ownership, Female (%) | 96.1% | 2024 | ▲ 0.8% | WB |
| Account Ownership, Male (%) | 97.0% | 2024 | ▼ 0.5% | WB |
| Firms Using Banks to Finance Investment (%) | 20.7% | 2024 | — | WB |
▶Business Environment1 indicator · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Time to Get Electricity (days) | 123 | 2024 | — | WB |
▶Private Sector6 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Firms Expected to Pay Bribes (%) | 2.7% | 2024 | — | WB |
| Firms with Female Top Manager (%) | 45.6% | 2024 | — | WB |
| Firms with Female Participation in Ownership (%) | 10.6% | 2024 | — | WB |
| Firms Offering Training (%) | 68.8% | 2024 | — | WB |
| Average Firm Age (years) | 32 years | 2024 | — | WB |
| Firms Using Computers (%) | 35.3% | 2024 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 568,847 | 2024 | ▲ 2.9% | WB |
| Population Growth (%) | 2.9% | 2024 | ▼ 28.1% | WB |
| Population Density (per km²) | 1,727 | 2023 | ▲ 4.1% | WB |
| Surface Area (sq km) | 320 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 320 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 95.7% | 2024 | ▲ 0.0% | WB |
| Urban Population (total) | 544,128 | 2024 | ▲ 2.9% | WB |
| Rural Population (%) | 4.3% | 2024 | ▼ 0.6% | WB |
| Life Expectancy at Birth | 83.5 years | 2023 | ▲ 1.3% | WB |
| Life Expectancy, Male | 81.8 years | 2023 | ▲ 1.7% | WB |
| Life Expectancy, Female | 85.3 years | 2023 | ▲ 0.8% | WB |
| Fertility Rate (births per woman) | 1.1 | 2023 | ▼ 1.9% | WB |
| Birth Rate (per 1,000) | 8.1 | 2023 | ▲ 0.0% | WB |
| Death Rate (per 1,000) | 7.3 | 2023 | ▼ 8.8% | WB |
| Net Migration | 5,161 | 2025 | ▼ 18.4% | WB |
| Population Ages 0–14 (%) | 13.0% | 2024 | ▼ 0.9% | WB |
| Population Ages 15–64 (%) | 66.8% | 2024 | ▼ 0.4% | WB |
| Population Ages 65+ (%) | 20.2% | 2024 | ▲ 2.1% | WB |
| Age Dependency Ratio (%) | 49.8% | 2024 | ▲ 1.3% | WB |
| Old-Age Dependency Ratio (%) | 30.3% | 2024 | ▲ 2.5% | WB |
| Youth Dependency Ratio (%) | 19.5% | 2024 | ▼ 0.5% | WB |
| Mortality Rate, Adult Male (per 1,000) | 52 | 2023 | ▼ 22.8% | WB |
| Mortality Rate, Adult Female (per 1,000) | 41.3 | 2023 | ▼ 1.5% | WB |
▶Labor20 indicators · 2024–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 319,715 | 2025 | ▲ 0.7% | WB |
| Labor Force Participation (%) | 64.0% | 2025 | ▼ 0.3% | WB |
| Female Labor Force Participation (%) | 55.8% | 2025 | ▼ 0.2% | WB |
| Male Labor Force Participation (%) | 71.5% | 2025 | ▼ 0.4% | WB |
| Unemployment (%) | 2.9% | 2025 | ▼ 6.6% | WB |
| Female Unemployment (%) | 2.8% | 2025 | ▼ 5.3% | WB |
| Male Unemployment (%) | 2.9% | 2025 | ▼ 7.4% | WB |
| Youth Unemployment (%) | 8.4% | 2025 | ▼ 7.5% | WB |
| Employment in Agriculture (%) | 0.9% | 2025 | ▼ 3.4% | WB |
| Employment in Industry (%) | 17.7% | 2025 | ▼ 1.1% | WB |
| Employment in Services (%) | 81.4% | 2025 | ▲ 0.3% | WB |
| Self-Employed (%) | 67.1% | 2024 | ▼ 6.5% | WB |
| Vulnerable Employment (%) | 10.1% | 2025 | ▼ 1.9% | WB |
| Wage & Salaried Workers (% of total) | 86.1% | 2025 | ▲ 0.2% | WB |
| Part-Time Employment (%) | 33.4% | 2024 | ▼ 13.0% | WB |
| Employers (% of total employment) | 3.8% | 2025 | ▲ 1.1% | WB |
| Labor Force, Female (% of total) | 41.9% | 2025 | ▲ 0.1% | WB |
| Employment to Population Ratio (%) | 62.1% | 2025 | ▼ 0.1% | WB |
| Self-Employed (% of total) | 13.9% | 2025 | ▼ 1.1% | WB |
| NEET Youth (% not in education/employment) | 7.6% | 2024 | ▼ 3.2% | WB |
▶Education17 indicators · 2015–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 4.7% | 2022 | ▼ 4.3% | WB |
| Education Spending (% of govt expenditure) | 12.5% | 2022 | ▲ 0.0% | WB |
| Primary School Enrollment (%) | 97.7% | 2023 | ▲ 4.5% | WB |
| Secondary School Enrollment (%) | 103.0% | 2023 | ▲ 0.3% | WB |
| Tertiary School Enrollment (%) | 80.5% | 2023 | ▲ 2.4% | WB |
| Primary Completion Rate (%) | 97.1% | 2023 | ▲ 1.6% | WB |
| Lower Secondary Completion Rate (%) | 97.3% | 2023 | ▼ 1.2% | WB |
| Out-of-School Children, Primary | 738 | 2023 | ▼ 62.9% | WB |
| Out-of-School Girls, Primary | 358 | 2023 | ▼ 62.0% | WB |
| Primary School Teachers | 2,102 | 2021 | ▼ 1.9% | WB |
| Secondary School Teachers | 4,613 | 2021 | ▲ 1.8% | WB |
| Pupil-Teacher Ratio, Primary | 13 | 2017 | — | WB |
| Pupil-Teacher Ratio, Secondary | 7 | 2017 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 24.3% | 2015 | — | WB |
| Pupil-Teacher Ratio (Primary) | 96.3 | 2021 | ▲ 0.3% | WB |
| Education Spending, Secondary (% of govt) | 37.5% | 2015 | — | WB |
| Education Spending, Tertiary (% of govt) | 25.3% | 2015 | — | WB |
▶Health40 indicators · 2019–2024 · WHO
▶Energy & Environment16 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 3.2 | 2024 | ▼ 1.7% | WB |
| CO₂ Emissions (total kilotonnes) | 2 | 2024 | ▲ 1.2% | WB |
| Energy Use (kg oil eq. per capita) | 1,398 | 2023 | ▼ 4.0% | WB |
| Electric Power Consumption (kWh per capita) | 5,042 | 2023 | ▼ 2.6% | WB |
| Renewable Electricity Output (%) | 11.9% | 2021 | ▲ 4.9% | WB |
| Renewable Energy Consumption (%) | 8.6% | 2021 | ▼ 6.5% | WB |
| Access to Electricity (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| Access to Clean Fuels for Cooking (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| PM2.5 Air Pollution (µg/m³) | 11.7 | 2020 | — | WB |
| Forest Area (%) | 1.4% | 2023 | ▲ 0.0% | WB |
| Forest Area (sq km) | 5 | 2023 | ▲ 0.0% | WB |
| Arable Land (%) | 22.8% | 2023 | ▼ 6.4% | WB |
| Terrestrial Protected Areas (%) | 8.0% | 2024 | ▲ 5.3% | WB |
| Marine Protected Areas (%) | 7.8% | 2024 | ▲ 5.4% | WB |
| Access to Basic Drinking Water (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
| Access to Basic Sanitation (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
▶Agriculture12 indicators · 2017–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 25.9% | 2023 | ▼ 5.2% | WB |
| Cereal Yield (kg per hectare) | 4,880 | 2017 | — | WB |
| Food Production Index (2014–2016=100) | 76 | 2022 | ▲ 0.5% | WB |
| Crop Production Index (2014–2016=100) | 53.8 | 2022 | ▼ 0.2% | WB |
| Livestock Production Index (2014–2016=100) | 96.3 | 2022 | ▲ 0.8% | WB |
| Land Under Cereal Production (hectares) | 0 | 2023 | — | WB |
| Total Fisheries Production (metric tonnes) | 2,014 | 2023 | ▼ 28.3% | WB |
| Fertilizer Consumption (kg per hectare) | 111.8 | 2023 | ▲ 11.2% | WB |
| Prevalence of Undernourishment (%) | 2.5% | 2023 | ▲ 0.0% | WB |
| Agricultural Irrigated Land (%) | 33.9% | 2023 | ▼ 23.8% | WB |
| Annual Freshwater Withdrawals (% of internal) | 72.6% | 2022 | ▼ 7.5% | WB |
| Cereal Production (metric tons) | 0 | 2023 | — | WB |
▶Technology13 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 92.1% | 2023 | ▲ 0.6% | WB |
| Mobile Subscriptions (per 100 people) | 141 | 2023 | ▲ 5.8% | WB |
| Fixed Broadband Subscriptions (per 100) | 44.3 | 2023 | ▲ 1.9% | WB |
| Secure Internet Servers (per million) | 4,507.4 | 2024 | ▼ 6.5% | WB |
| R&D Spending (% of GDP) | 0.60% | 2022 | ▼ 7.3% | WB |
| Patent Applications, Residents | 5 | 2021 | — | WB |
| Patent Applications, Non-Residents | 5 | 2021 | — | WB |
| Scientific Journal Articles | 594 | 2022 | ▲ 12.3% | WB |
| High-Technology Exports (USD) | $1.31B | 2024 | ▲ 5.8% | WB |
| ICT Service Exports (% of service exports) | 1.8% | 2024 | ▲ 8.4% | WB |
| ICT Service Exports (USD) | $448.4M | 2024 | ▲ 21.6% | WB |
| Industrial Design Applications, Resident | 17 | 2021 | ▼ 51.4% | WB |
| Researchers in R&D (per million) | 2,428 | 2022 | ▲ 12.5% | WB |
▶Infrastructure6 indicators · 2021–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 2.4M | 2023 | ▲ 21.5% | WB |
| Air Transport, Freight (million ton-km) | 3.4 | 2023 | ▼ 61.3% | WB |
| Container Port Traffic (TEU) | 3.0M | 2022 | ▼ 2.7% | WB |
| Logistics Performance Index (1–5) | 3.30 | 2022 | — | WB |
| Electricity from Oil (%) | 0.7% | 2023 | ▼ 72.5% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender8 indicators · 2017–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 27.8% | 2024 | ▲ 0.0% | WB |
| Female Labor Force Participation, 15+ (%) | 58.5% | 2024 | ▼ 7.8% | WB |
| Female Wage & Salaried Workers (%) | 90.3% | 2025 | ▲ 0.1% | WB |
| Girls Out-of-School Rate (%) | 109.0% | 2017 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 10.4 | 2023 | ▼ 0.9% | WB |
| Gender Parity Index, Primary | 107.25 | 2017 | — | WB |
| Gender Parity Index, Secondary | 1.01 | 2020 | — | WB |
| Gender Parity in Primary Education | 1.00 | 2020 | — | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | 0.11 | 2023 | ▼ 54.0% | WB |
| Government Effectiveness | 0.4 | 2023 | ▼ 50.6% | WB |
| Political Stability | 0.86 | 2023 | ▼ 5.8% | WB |
| Regulatory Quality | 0.69 | 2023 | ▲ 2.0% | WB |
| Rule of Law | 0.7 | 2023 | ▼ 10.6% | WB |
| Voice & Accountability | 0.91 | 2023 | ▼ 15.5% | WB |
| Control of Corruption (percentile rank) | 58.5% | 2023 | ▼ 5.3% | WB |
| Government Effectiveness (percentile rank) | 65.6% | 2023 | ▼ 14.7% | WB |
| Rule of Law (percentile rank) | 75.5% | 2023 | ▼ 1.2% | WB |
| Political Stability (percentile rank) | 77.3% | 2023 | ▼ 3.1% | WB |
▶Military6 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 0.5% | 2024 | ▼ 10.6% | WB |
| Military Expenditure (USD) | $109.3M | 2024 | ▼ 3.0% | WB |
| Armed Forces Personnel | 2,000 | 2020 | — | WB |
| Armed Forces (% of labor force) | 0.7% | 2020 | — | WB |
| Military Spending (% of govt expenditure) | 1.3% | 2024 | ▼ 8.8% | WB |
| Intentional Homicides (per 100,000) | 0.6 | 2023 | ▼ 62.8% | WB |
▶Poverty & Inequality12 indicators · 2021–2022 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Poverty at $2.15/day (%) | 0.1% | 2022 | ▲ 0.0% | WB |
| Poverty at $3.65/day (%) | 0.2% | 2022 | ▲ 0.0% | WB |
| Poverty at $6.85/day (%) | 0.7% | 2022 | ▲ 40.0% | WB |
| Poverty Headcount, National (%) | 16.7% | 2021 | ▼ 1.2% | WB |
| Gini Index | 34.6 | 2022 | ▲ 9.5% | WB |
| Income Share, Top 10% | 27.7% | 2022 | ▲ 6.9% | WB |
| Income Share, Bottom 10% | 2.7% | 2022 | ▼ 18.2% | WB |
| Income Share, Top 20% | 42.2% | 2022 | ▲ 5.0% | WB |
| Income Share, Bottom 20% | 7.3% | 2022 | ▼ 12.0% | WB |
| Shared Prosperity Premium (%) | 4.4% | 2022 | — | WB |
| Survey Mean Consumption (2017 PPP $ per day) | 65.45 | 2022 | — | WB |
| Poverty Gap at $2.15/day (%) | 0.1% | 2022 | — | WB |
▶Social Protection4 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.71 | 2020 | — | WB |
| Human Capital Index, Female | 0.74 | 2020 | — | WB |
| Human Capital Index, Male | 0.68 | 2020 | — | WB |
| Learning-Adjusted Years of School | 10.2 years | 2020 | — | WB |
▶Tourism2 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 718,000 | 2020 | — | WB |
| International Tourism, Departures | 218,000 | 2020 | — | WB |
▶Urban Development5 indicators · 2022–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 2.9% | 2024 | ▼ 27.9% | WB |
| Population in Slums (% of urban) | 0.0% | 2022 | — | WB |
| Rural Population Growth (%) | 2.2% | 2024 | ▼ 33.5% | WB |
| Access to Safely Managed Drinking Water (%) | 99.8% | 2024 | ▼ 0.0% | WHO |
| Access to Safely Managed Sanitation (%) | 100.0% | 2024 | ▲ 0.0% | WHO |