GDP in Malta

Malta GDP | Economic News & Forecasts

Malta - GDP

Momentum likely moderated further in the second quarter, after cooling consumer spending caused the economy to decelerate in the first quarter. Data for April-May shows growth in tourist arrivals is gradually tapering off. Moreover, a sharper fall in industrial production in the same period and weaker business confidence in Q2 both point to downbeat investment activity. That said, data from consumer spending was more positive: In April-May, the unemployment rate was stuck at record lows, while growth in bank lending was extremely robust and consumer confidence revived in the quarter. Meanwhile, in mid-July, Moody's upgraded Malta's ratings to A2, while Fitch Ratings upgraded its outlook from stable to positive, citing the country’s impressive growth rate and solid fiscal position.

Malta - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)4.6  8.7  10.8  5.6  6.8  

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Malta GDP Chart

Malta GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Central Bank of Malta and FocusEconomics calculations

Malta Facts

Bond Yield0.433.09 %Jul 31
Exchange Rate1.110.65 %Jul 31
Stock Market4,8470.36 %Jul 31

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