Malta: economy

What is Malta's GDP per capita?

Malta's GDP per person was EUR 42,390 in 2025, according to Eurostat, up from EUR 40,540 in 2024. The EU average was EUR 41,700. The World Bank puts Malta's 2025 GDP per capita at US$47,907 at current prices.

Adjusted for differences in price levels, Eurostat gives Malta 45,952.5 purchasing power standards (PPS) per person in 2025, against 41,698.7 for the EU. PPS figures remove the effect of price differences between countries, so they compare volumes rather than money amounts. GDP per person measures output produced in the country divided by its residents, not household income.

Official sources: Eurostat: GDP per capita, Malta and EU · World Bank: GDP per capita (current US$), Malta

How fast is Malta's economy growing?

Malta's real GDP grew 4.7% in 2025, after 5.3% in 2024 and 7.1% in 2023, according to Eurostat. GDP at current prices was EUR 24,664.0 million in 2025, up from EUR 23,079.3 million in 2024.

Real growth removes the effect of price changes, so it measures the change in the volume of output. The current-price figure is the size of the economy in euros in that year. Growth has slowed each year since 2023 but remains positive. Quarterly figures are covered in a separate answer.

Official sources: Eurostat: GDP, annual data, Malta

What was Malta's GDP growth in the latest quarter?

Malta's real GDP grew 1.1% in the second quarter of 2026 from the first quarter, and 5.0% from the second quarter of 2025, according to seasonally and calendar adjusted data from Eurostat.

In the first quarter of 2026, growth was 0.5% from the previous quarter and 4.6% from a year earlier. In the fourth quarter of 2025 it was 1.8% and 6.2%. The quarter-on-quarter rate shows short-term momentum, while the year-on-year rate compares with the same quarter a year earlier. Quarterly figures are revised as more data arrive.

Official sources: Eurostat: quarterly GDP growth, Malta

What is the inflation rate in Malta?

Consumer prices in Malta were 2.4% higher in September 2026 than a year earlier, according to the flash estimate of the harmonised index of consumer prices (HICP) published by Eurostat. In August the rate was 2.0%.

The euro area flash estimate for September was 3.8%, so prices in Malta are rising more slowly than across the euro area. In September, services prices were 3.4% higher than a year earlier and food 2.4% higher, while energy prices were unchanged, according to Eurostat. Flash estimates are revised when final data are published.

Official sources: Eurostat: HICP annual rate, Malta, euro area and EU · Eurostat: HICP main components, Malta, September 2026

Which sectors make up Malta's economy?

Trade, transport, accommodation and food services produced EUR 4,093.4 million, or 18.1% of Malta's gross value added of EUR 22,652.2 million in 2025, according to Eurostat. Professional, scientific, technical and administrative services produced 17.6%, and public administration, defence, education, health and social work 15.1%.

Information and communication produced 13.0%, finance and insurance 8.4%, real estate 8.1%, and arts, entertainment, recreation and other services 8.0%. Industry excluding construction produced 7.1% (manufacturing 5.7%), construction 4.0% and agriculture, forestry and fishing 0.6%. Shares are of value added at current prices.

Official sources: Eurostat: gross value added by industry, Malta, 2025

Is Malta's economy growing?

The World Bank puts real GDP growth in Malta at 4.0% in 2025. Its high point since 2005 was 2021, at 13.4%; its low point was 2020, at -3.5%. It is 6th highest of 17 in Middle East, North Africa, Afghanistan & Pakistan, where the median is 3.5%. Of 180 countries with 2025 data, 70th highest.

What is Malta's GDP per person?

In 2025, GDP per person in Malta was $47,907, according to the World Bank. It is the top of the series, which starts in 2005. Across Middle East, North Africa, Afghanistan & Pakistan the middle value was $6,051, and Malta placed 3rd highest of 17. Worldwide: 23rd of 180.

What is Malta's GDP per capita at PPP?

In 2025, GDP per person at purchasing power parity in Malta was $72,210 in international dollars, according to the World Bank. No year since 2005 has been higher. It is 3rd highest of 17 in Middle East, North Africa, Afghanistan & Pakistan, where the median is $19,699 in international dollars. Of 179 countries with 2025 data, 19th highest.

What share of Malta's economy is exports?

The latest figure from the World Bank, for 2025, is 119.1% of GDP. Its high point since 2005 was 2020, at 130.0% of GDP; its low point was 2005, at 74.2% of GDP. It is 1st highest of 11 in Middle East, North Africa, Afghanistan & Pakistan, where the median is 29.7% of GDP. Worldwide: 4th of 133.

Does Malta earn more abroad than it spends?

The latest figure from the IMF, for 2024, is 7.1% of GDP. The peak was 19.2% of GDP in 2017 and the low -7.9% of GDP in 2006. Middle East, North Africa, Afghanistan & Pakistan median: 3.0% of GDP; Malta is 5th highest of 16. World rank, highest first: 17th of 162.

How much foreign direct investment goes into Malta?

In 2025, net inflows of foreign direct investment in Malta was 51.7% of GDP, according to the IMF. Its high point since 2005 was 2018, at 452.2% of GDP; its low point was 2014, at 1.3% of GDP. It is 1st highest of 17 in Middle East, North Africa, Afghanistan & Pakistan, where the median is 1.8% of GDP. Of 179 countries with 2025 data, 1st highest.