Current Account in Malta

Malta Current Account (EUR bn) | Economic News & Forecasts

Malta - Current Account (billions of Euros)

Growth likely remained robust in the fourth quarter of 2019, continuing to outpace regional peers despite dipping from the rapid rates seen over the last five years. The trade deficit fell in October–November amid booming merchandise exports and a continued increase in tourist arrivals, while a pick-up in consumer confidence and a tight labor market boded well for private consumption. However, industrial activity declined in the first two months of Q4 compared with the previous quarter, while business confidence dipped to the lowest level recorded since late 2012 in November. In other news, Robert Abela was sworn in as the country’s new prime minister on 13 January. He succeeded Joseph Muscat, who resigned over his handling of investigations into the death of Daphne Caruana Galizia, anti-corruption journalist. No significant change in economic policy is expected.

Malta - Current Account (EUR bn) Data

2014   2015   2016   2017   2018  
Current Account Balance (EUR bn)0.3  0.3  0.4  1.2  1.3  

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Malta Current Account (EUR bn) Chart


Malta Current Account
Note: Current account balance as % of GDP.
Source: Central Bank of Malta and FocusEconomics calculations

Malta Facts

Value Change Date
Bond Yield0.433.09 %Dec 30
Exchange Rate1.120.65 %Dec 31

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