Markets Actual Q3 Q4 Q1 Q2 2020
Currency 1.11 1.1 1.1 1.09 1.09 1.08
Stock Market (points) 4862.24 4832 4802 4772 4743 4684
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 1.30 0.7 0.6 0.6 0.6 0.5
GDP Annual Growth Rate (%) 4.00 5.5 5.9 5.2 4.3 3.2
Unemployment Rate (%) 3.50 3.5 3.4 3.3 3.2 3.1
Inflation Rate (%) 1.80 1.7 2.2 2 1.9 2.3
Inflation Rate Mom (%) 0.30 0.1 0.2 0.2 0.2 0.4
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Thousand) -348183.00 -188000 -133300 -220000 -334000 -111300
Current Account to GDP (%) 11.20 9 9 8.5 8.5 8.5
Government Debt to GDP (%) 46.00 43 43 40 40 40
Government Budget (% of GDP) 2.00 0.8 0.8 0.6 0.6 0.6
Business Confidence (Index Points) 99.90 102 103 104 104 105
Consumer Confidence (Index Points) 6.50 5.7 3 6 7.5 9
Retail Sales MoM (%) 1.00 0.1 1.8 1.8 1.8 1.6
Corporate Tax Rate (%) 35.00 35 35 35 35 35
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 1.30 0.7 0.6 0.6 0.6 0.5
GDP Annual Growth Rate (%) 4.00 5.5 5.9 5.2 4.3 3.2
GDP (USD Billion) 14.54 15.1 15.1 15.9 15.9 15.9
GDP Constant Prices (EUR THO) 2625920.00 3008787 2840438 2628006 2738835 2931332
Gross National Product (EUR THO) 3001946.68 3130159 3038108 2948408 3131030 3135327
Gross Fixed Capital Formation (EUR THO) 445896.00 482102 572920 540092 465070 591254
GDP per capita (USD) 28385.10 29660 29660 31500 31500 31500
GDP per capita PPP (USD) 38146.77 40000 41500 41500 41500 41500
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 3.50 3.5 3.4 3.3 3.2 3.1
Wages (EUR/Year) 19390.28 19503 19200 19200 19200 19400
Minimum Wages (EUR/Month) 757.64 758 758 772 772 772
Population (Million) 0.48 0.5 0.5 0.52 0.52 0.52
Retirement Age Women 62.00 62 63 63 63 63
Retirement Age Men 62.00 62 63 63 63 63
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 1.80 1.7 2.2 2 1.9 2.3
Inflation Rate Mom (%) 0.30 0.1 0.2 0.2 0.2 0.4
Consumer Price Index CPI (Index Points) 102.48 103 105 104 105 107
Producer Prices (Index Points) 108.66 109 109 111 111 111
Producer Prices Change (%) 1.80 2.1 2.2 2 1.9 1.5
Food Inflation (%) 3.20 2.5 2.6 2.6 2.6 2.8
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 0.00 0 0 0 0 0
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (EUR Thousand) -348183.00 -188000 -133300 -220000 -334000 -111300
Current Account to GDP (%) 11.20 9 9 8.5 8.5 8.5
Imports (EUR Thousand) 598468.00 432600 428400 428400 608200 451400
Exports (EUR Thousand) 250285.00 244200 295100 278400 274200 340100
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 46.00 43 43 40 40 40
Government Budget (% of GDP) 2.00 0.8 0.8 0.6 0.6 0.6
Government Spending (EUR THO) 469012.00 444767 505077 504834 489180 521240
Government Spending to GDP (%) 36.80 37 37 37.2 37.2 37.2
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 35.00 35 35 35 35 35
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
Sales Tax Rate (%) 18.00 18 18 18 18 18
Social Security Rate (%) 20.00 20 20 20 20 20
Social Security Rate For Companies (%) 10.00 10 10 10 10 10
Social Security Rate For Employees (%) 10.00 10 10 10 10 10
Business Actual Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) 99.90 102 103 104 104 105
Industrial Production (%) 1.30 1.5 1.8 1.8 1.8 2.5
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Confidence (Index Points) 6.50 5.7 3 6 7.5 9
Retail Sales MoM (%) 1.00 0.1 1.8 1.8 1.8 1.6
Retail Sales YoY (%) 6.50 -0.89 3.8 3.8 3.8 3.4
Consumer Spending (EUR THO) 1231901.00 1332592 1314723 1303702 1284873 1356794
Bank Lending Rate (%) 3.66 3.69 3.69 3.69 3.69 3.69
Gasoline Prices (USD/Liter) 1.57 1.5 1.46 1.42 1.38 1.38


This page has economic forecasts for Malta including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Malta economy.