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# Malta Economy

> Malta economic indicators: GDP $27.8B, inflation 2.5%, unemployment 3.5%, policy rate 2.3%. 46 official series with history to 1960, from… Updated Aug 2026.

## Indicators

| Indicator | Last | Date | Previous | Highest | Lowest |
| --- | --- | --- | --- | --- | --- |
| Consumer Confidence | 2.90 | Aug 2026 | 6.20 | 16.10 (Feb 2018) | -35.60 (May 2012) |
| Retail Sales MoM | 0.9% | Jul 2026 | 0.2% | 12.6% (Jan 2003) | -21.5% (Apr 2020) |
| Retail Sales YoY | 5.6% | Jul 2026 | 4.0% | 25.8% (May 2021) | -23.6% (Apr 2020) |
| Age-dependency ratio | 50.2% | Dec 2025 | 49.8% | 75.3% (Dec 1960) | 42.4% (Dec 2008) |
| Total fertility rate | 1.01 births per woman | Dec 2024 | 1.06 births per woman | 3.62 births per woman (Dec 1960) | 1.01 births per woman (Dec 2024) |
| Life expectancy at birth | 82.96 years | Dec 2024 | 83.36 years | 83.36 years (Dec 2023) | 68.32 years (Dec 1961) |
| Total population | 0.6M | Dec 2025 | 0.6M | 0.6M (Dec 2025) | 0.3M (Dec 1974) |
| Working-age population | 0.4M | Dec 2025 | 0.4M | 0.4M (Dec 2025) | 0.2M (Dec 1960) |
| Current account % GDP | 7.1% | Dec 2024 | 6.5% | 19.2% (Dec 2017) | -11.9% (Dec 2000) |
| FDI inflows | $42.6B | Dec 2024 | $24.6B | $85.6B (Dec 2021) | $-497.8M (Dec 2002) |
| Gold Reserves | $48.8M | Jul 2026 | $48.5M | $81.5M (Feb 2026) | $0 (Jul 2022) |
| Personal remittances, received | $15.7M | Dec 2024 | $15.6M | $319.2M (Dec 2004) | $9.1M (Dec 1997) |
| CO2 emissions | 1.81 Mt CO₂ | Dec 2024 | 1.79 Mt CO₂ | 2.81 Mt CO₂ (Dec 1993) | 0.68 Mt CO₂ (Dec 1975) |
| Energy use per capita | 1,398 kg oil eq. per capita | Dec 2023 | 1,456 kg oil eq. per capita | 2,289 kg oil eq. per capita (Dec 1993) | 1,312 kg oil eq. per capita (Dec 2016) |
| Budget balance % GDP | -3.1% | Dec 2025 | -3.5% | 3.4% (Dec 2017) | -9.0% (Dec 2003) |
| Government debt % GDP | 46.8% | Dec 2025 | 46.0% | 70.4% (Dec 2004) | 39.2% (Dec 2019) |
| Military expenditure | 0.5% | Dec 2024 | 0.5% | 1.5% (Dec 1987) | 0.4% (Dec 2022) |
| Military expenditure, current USD | $109.3M | Dec 2024 | $112.6M | $112.6M (Dec 2023) | $12.9M (Dec 1985) |
| Government Spending to GDP | 37.0% | Dec 2025 | 37.4% | 45.6% (Dec 2003) | 32.7% (Dec 2017) |
| Tax revenue % GDP | 24.1% | Dec 2024 | 21.4% | 26.9% (Dec 2007) | 16.6% (Dec 1987) |
| House Price Index | 181 | Mar 2026 | 178 | 181 (Mar 2026) | 56.51 (Jun 2005) |
| House Price Index YoY | 6.7% | Mar 2026 | 6.3% | 29.7% (Mar 2007) | -7.7% (Dec 2009) |
| Policy / benchmark interest rate | 2.3% | Aug 2026 | 2.3% | 4.8% (Apr 2001) | 0.0% (Jun 2022) |
| Unemployment rate | 3.5% | Jul 2026 | 3.5% | 8.5% (Aug 2003) | 2.5% (Aug 2025) |
| Private credit / GDP | 61.7% | Dec 2024 | 64.2% | 121.6% (Dec 2009) | 61.7% (Dec 2024) |
| Official / period-average FX vs USD | 0.86 per USD | Aug 2026 | 0.88 per USD | 1.48 per USD (Mar 1985) | 0.63 per USD (Jul 2008) |
| Foreign-exchange reserves (ex-gold) | $1.5B | Dec 2025 | $1.4B | $3.8B (Dec 2007) | $59.3M (Dec 1961) |
| GDP From Agriculture | 95.2% | Jun 2026 | 79.0% | 210.5% (Sep 2021) | -49.4% (Sep 2023) |
| GDP From Construction | 170.2% | Jun 2026 | 162.5% | 174.7% (Dec 2019) | 76.7% (Dec 2009) |
| GDP, current prices, USD | $27.8B | Dec 2025 | $25.0B | $27.8B (Dec 2025) | $250.7M (Dec 1970) |
| Full-Year GDP Growth | 4.0% | Dec 2025 | 6.2% | 13.4% (Dec 2021) | -3.5% (Dec 2020) |
| GDP From Manufacturing | 133.4% | Jun 2026 | 130.0% | 133.4% (Jun 2026) | 84.0% (Mar 2005) |
| GDP per capita, PPP | Int$72,210 | Dec 2025 | Int$70,063 | Int$72,210 (Dec 2025) | Int$10,086 (Dec 1990) |
| GDP per capita, current USD | $47,907 | Dec 2025 | $44,024 | $47,907 (Dec 2025) | $828 (Dec 1970) |
| GDP, PPP, international $ | Int$41.9B | Dec 2025 | Int$39.9B | Int$41.9B (Dec 2025) | Int$3.6B (Dec 1990) |
| GDP From Public Administration | 154.0% | Jun 2026 | 152.1% | 154.0% (Jun 2026) | 69.3% (Jun 2000) |
| Real GDP growth, YoY | 4.3% | Mar 2026 | 4.9% | 18.7% (Sep 2021) | -9.4% (Jun 2020) |
| Inflation rate, CPI YoY | 2.5% | Jun 2026 | 2.6% | 7.5% (Sep 2022) | -0.7% (Dec 2009) |
| Producer Prices MoM | 0.3% | Jul 2026 | 0.2% | 4.9% (Jan 2010) | -5.0% (Apr 2009) |
| Hospital beds per 1,000 | 4.09 per 1,000 people | Dec 2022 | 4.10 per 1,000 people | 9.46 per 1,000 people (Dec 1984) | 4.09 per 1,000 people (Dec 2022) |
| Health expenditure % GDP | 8.8% | Dec 2023 | 9.1% | 9.9% (Dec 2020) | 6.6% (Dec 2000) |
| ICT goods exports, % of goods exports | 24.3% | Dec 2024 | 29.5% | 63.6% (Dec 2000) | 2.2% (Dec 2006) |
| ICT service exports, % of service exports | 1.8% | Dec 2024 | 1.7% | 2.6% (Dec 2002) | 0.7% (Dec 2015) |
| Industrial production YoY | -0.9% | Dec 2025 | 7.7% | 16.2% (Dec 2008) | -17.3% (Dec 2001) |
| Research & development expenditure % GDP | 0.6% | Dec 2023 | 0.6% | 0.8% (Dec 2012) | 0.2% (Dec 2003) |
| High-technology exports, % of manufactured exports | 45.2% | Dec 2024 | 43.3% | 53.0% (Dec 2007) | 21.9% (Dec 2016) |

## Full detail pages

- [Consumer Confidence](/malta/consumer-confidence.md)
- [Retail Sales MoM](/malta/retail-sales.md)
- [Retail Sales YoY](/malta/retail-sales-annual.md)
- [Age Dependency Ratio](/malta/age-dependency-ratio.md)
- [Fertility Rate](/malta/total-fertility-rate.md)
- [Life Expectancy](/malta/life-expectancy-at-birth.md)
- [Population](/malta/population.md)
- [Working-Age Population](/malta/working-age-population.md)
- [Current Account to GDP](/malta/current-account-pct-gdp.md)
- [FDI Inflows](/malta/fdi-inflows.md)
- [Gold Reserves](/malta/gold-reserves.md)
- [Remittances](/malta/personal-remittances-received.md)
- [CO2 Emissions](/malta/co2-emissions.md)
- [Energy Use per Capita](/malta/energy-use-per-capita.md)
- [Government Budget](/malta/budget-balance-pct-gdp.md)
- [Government Debt to GDP](/malta/government-debt-to-gdp.md)
- [Military Expenditure](/malta/military-expenditure.md)
- [Military Expenditure (USD)](/malta/military-expenditure-usd.md)
- [Government Spending to GDP](/malta/government-spending-to-gdp.md)
- [Tax Revenue to GDP](/malta/tax-revenue-pct-gdp.md)
- [House Price Index](/malta/house-price-index.md)
- [House Price Index YoY](/malta/house-price-index-yoy.md)
- [Interest Rate](/malta/interest-rate.md)
- [Unemployment Rate](/malta/unemployment-rate.md)
- [Private Credit to GDP](/malta/private-credit-gdp.md)
- [Exchange Rate](/malta/exchange-rate.md)
- [Foreign Exchange Reserves](/malta/foreign-exchange-reserves.md)
- [GDP From Agriculture](/malta/gdp-from-agriculture.md)
- [GDP From Construction](/malta/gdp-from-construction.md)
- [GDP](/malta/gdp.md)
- [Full-Year GDP Growth](/malta/full-year-gdp-growth.md)
- [GDP From Manufacturing](/malta/gdp-from-manufacturing.md)
- [GDP per Capita PPP](/malta/gdp-per-capita-ppp.md)
- [GDP per Capita](/malta/gdp-per-capita-current-usd.md)
- [GDP PPP](/malta/gdp-ppp-international.md)
- [GDP From Public Administration](/malta/gdp-from-public-administration.md)
- [GDP Growth Rate](/malta/gdp-growth-rate.md)
- [Inflation Rate](/malta/inflation-rate.md)
- [Producer Prices MoM](/malta/producer-prices-mom.md)
- [Hospital Beds](/malta/hospital-beds-per-1-000.md)
- [Health Expenditure](/malta/health-expenditure-pct-gdp.md)
- [ICT Goods Exports](/malta/ict-goods-exports-share.md)
- [ICT Service Exports](/malta/ict-service-exports-share.md)
- [Industrial Production](/malta/industrial-production-yoy.md)
- [R&D Expenditure](/malta/rd-expenditure-pct-gdp.md)
- [High-Tech Exports](/malta/high-tech-exports-share.md)

## FAQ

**What is the current inflation rate in Malta?**

Malta's consumer price inflation is 2.5% year-on-year as of Jun 2026.

**How big is Malta's economy?**

Malta's nominal GDP was $27.8B in 2025.

**What is the unemployment rate in Malta?**

Malta's unemployment rate is 3.5% as of Jul 2026.

**Where does this data come from?**

We use primary economic sources for every country. See our methodology page for how we source and verify it.

---
Full history via API: `GET https://api.economicsapi.com/v1/history?country=malta&indicator={indicator}`. Same data as an MCP tool, one per indicator.
