GDP in Malta

Malta GDP | Economic News & Forecasts

Malta - GDP

Momentum seems to have moderated somewhat in Q1 and at the outset of Q2, on the heels of a strong economic performance last year. Growth in both tourist arrivals and expenditure cooled notably in January-March, while consumer confidence and business sentiment were much lower, on average, in January-April than in Q4 2018. In positive news, the unemployment rate remained at historically low levels in the first four months of 2019, while retail sales expanded at a healthy pace in Q1. On the fiscal front, the budget deficit was much higher in the first three months of 2019 than in the same period last year, as capital spending more than doubled and recurrent expenditure increased over 10%, while revenue also grew robustly—although at a slower pace than spending.

Malta - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)4.6  8.1  9.6  5.2  6.4  

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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

ValueChangeDate
Bond Yield0.663.09 %Jun 20
Exchange Rate1.130.65 %Jun 20
Stock Market4,8580.36 %Jun 20

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