Malta Malta

Subscribe to our free email alert service

Malta, is a country located at Southern Europe, it has an area of 320 Km2 so it is one of the smallest countries in the world.

Malta, with a population of 542,051 people, it is one of the least populous country in the world and it is a densely populated country, with 1,694 people per km2.

It's capital is Valletta and its currency is Euros

Malta is holding the 117 position by nominal GDP. Its national debt in 2022 was 9,001 millions of euros (9,488 millions of dollars), ( 52.3% debt-to-GDP ratio) and its public debt per capita is €16,605 euros per inhabitant$17,505 dollars per inhabitant.

In terms of the human development index (HDI) of Malta, which is the index used by the United Nations to measure the progress of a country, was 0.918 points in 2021, leaving it in 23th place in the table of 191 countries published.

If the reason to visit Malta are business, you must know it's in the 88th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Malta, if you want to see information about other countries click here

Valletta: Monthly Temp.
Valletta: Monthly Rainfall
Malta Economy
Gouvernement
Qu. GDP Per Capita [+]2023Q48,921K
Annual GDP [+]2023€19,382M
Annual GDP [+]2022$18,140M
GDP per capita [+]2023€35,340
GDP per capita [+]2022$34,819
Quarterly GDP [+]2023Q4€4,972M
Debt (M.€.) [+]20229,001
Debt ($M) [+]20229,488
Debt (%GDP) [+]202252.30%
Debt Per Capita [+]2022€16,605
Debt Per Capita [+]2022$17,505
Deficit (M.€) [+]2022-982
Deficit ($M) [+]2022-1,030
Deficit (%GDP) [+]2022-5.60%
Expenditure (M.€) [+]20226,866.2
Expenditure ($M) [+]20227,266.8
Education Expenditure (M.€) [+]2017555.2
Education Expenditure ($M) [+]2017627.0
Education Expenditure (%Bud.) [+]201713.37%
Gov. Health Exp. (M.€) [+]2020944,184,000.0
Gov. Health Exp.($M) [+]20201,078,446,964.8
Gov. Health Exp. (%Bud.) [+]201716.48%
Defence Expenditure (M.€) [+]202287.1
Defence Expenditure ($M) [+]202290.6
Defence Expenditure (%Bud.) [+]20221.22%
Expenditure (%GDP) [+]202239.30%
Expenditure Per Capita [+]2022€12,664
Expenditure Per Capita [+]2022$13,406
Education Expenditure P.C [+]2017€1,185
Education Expenditure P.C [+]2017$1,362
Gov. Health Exp. P.C. [+]2020€1,832
Gov. Health Exp. P.C. [+]2020$2,093
Defence Expenditure P.C. [+]2022€164
Defence Expenditure P.C. [+]2022$174
Moody's Rating [+]11/18/2022A2
S&P Rating [+]10/14/2016A-
Fitch Rating [+]04/17/2020A+
Corruption Index [+]202251
Competitiveness Ranking [+]201938º
Fragile States Index [+]201836.2
RTI Raking [+]202280º
Innovation Ranking [+]201826º
Labour
Unemployment Rate [+]January 20242.6%
Unemployment rate [+]2023Q42.9%
Unemployed [+]2023Q49K
NMW [+]2023$892.2
NMW [+]2024€925.3
Average Wage [+]2022$25,785
Average Wage [+]2022€24,487
Human Capital Ranking [+]201741º
Markets
US Dollar exchange rate [+]03/18/20240.9181
Stock ExchangeYTD % [+]03/15/20246.57%
Prices
HICP [+]February 20243.0%
PPI Year on Year [+]January 20240.7%
Money Market
Key rates [+]09/20/20234.50%
Business
Doing Business [+]202088º
IPI Year on Year [+]January 2024-5.6%
Passengers vehicles Year [+]December 20197,621
Annual Vehicles/ 1,000 p. [+]December 201916.51
Vehicles / 1,000 people [+]2015720.48
Taxes
Tax Revenue (%GDP) [+]202229.4%
Standard VAT [+]01/01/201118.00%
Top tax rate + SSC [+]202035.0%
Trade
Annual arrivals [+]20192,753,240
Exports [+]2023€3,222.5M
Exports [+]2023$3,051.5M
Exports % GDP [+]202217.77%
Imports [+]2023€7,536.1M
Imports [+]2023$7,516.9M
Imports % GDP [+]202246.61%
Trade balance [+]2023€-4,313.6M
Trade balance [+]2023$-4,713.1M
Trade balance % GDP [+]2022-28.83%
Retail Sales YoY [+]December 20235.0%
Socio-Demography
Global AgeWatch Ranking [+]201547º
Density [+]20221,694
Global Peace Ranking [+]2023-1º
Crude divorce rate [+]20220.90‰
Remittance received ($M) [+]2017215.5
% Immigrant [+]202022.24%
% Emigrant [+]202019.92%
Birth Rate [+]20228.10‰
Remittance sent ($M) [+]201780.3
Crude death rate [+]20228.00‰
Fertility Rate [+]20221.08
Crude marriage rate [+]20224.80‰
% risk of poverty [+]202216.7%
Population [+]2022542,051
Immigrant stock [+]2020114,760
Emigrant stock [+]2020102,793
HDI [+]20210.918
Gender Gap Ranking [+]202370º
Life expectancy [+]202282.40
Suicides [+]202137
Suicide rate [+]20217.10
Number of homicides [+]20212
Rate Homicides per 100.000 [+]20210.38
Energy and Environment
CO2 Tons per capita [+]20214.00
Consumption GWh [+]20212,495
Generation GWh [+]20212,112
Others
COVID-19 - Deaths [+]03/05/2024902
COVID-19 - Confirmed [+]03/05/2024121,380
Fully vaccinated [+]03/12/2024471,565
COVID-19 - Deaths per million population [+]03/05/20241,664.05
Doses administered [+]03/12/20241,408,786