The unemployment rate in Malta fell to 3.5 percent in the first quarter of 2019 from 3.9 percent in the same period of the previous year. The number of unemployed dropped by 358 to 8,853 while employed increased by 14,917 to 241,468. By genders, the jobless rate was lower for men (3.4 percent vs 3.9 percent in Q1 2018) than for women (3.8 percent vs 3.9 percent). Meantime, the activity rate went up to 74.9 percent from 72.6 percent a year earlier, with the highest rate being recorded among people aged 25-54 (86.7 percent). The employment rate rose to 72.2 percent from 69.7 percent in the corresponding period of 2018. Unemployment Rate in Malta averaged 6.20 percent from 2001 until 2019, reaching an all time high of 8.24 percent in the third quarter of 2003 and a record low of 3.50 percent in the fourth quarter of 2018.

Unemployment Rate in Malta is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Malta to stand at 3.20 in 12 months time. In the long-term, the Malta Unemployment Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

Malta Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-27 09:00 AM Unemployment Rate Q2 3.8% 4.4% 4.1%
2018-12-21 10:00 AM Unemployment Rate Q3 3.7% 3.8% 4%
2019-03-25 10:00 AM Unemployment Rate Q4 3.5% 3.7% 3.5%
2019-06-27 09:00 AM Unemployment Rate Q1 3.5% 3.5% 4.3%
2019-09-30 09:00 AM Unemployment Rate Q2 3.5% 3.7%
2019-12-20 10:00 AM Unemployment Rate Q3 3.7%


Malta Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.50 3.50 8.24 3.50 percent [+]
Employed Persons 212046.00 210899.00 212046.00 128206.00 [+]
Unemployed Persons 1654.00 1616.00 8830.00 1616.00 [+]
Long Term Unemployment Rate 0.70 1.40 3.90 0.70 percent [+]
Youth Unemployment Rate 9.80 9.40 19.90 8.10 percent [+]
Labour Costs 120.63 108.00 120.63 68.85 Index Points [+]
Wages 19390.28 19035.61 19390.28 10937.85 EUR/Year [+]
Minimum Wages 757.64 747.54 757.64 464.93 EUR/Month [+]
Population 0.48 0.46 0.48 0.30 Million [+]
Retirement Age Women 62.00 62.00 62.00 60.00 [+]
Retirement Age Men 62.00 62.00 62.00 61.00 [+]
Part Time Employment 30.40 31.40 31.80 8.60 Thousand [+]
Productivity 113.90 125.50 134.70 76.70 Index Points [+]
Labor Force Participation Rate 60.20 60.20 60.60 48.40 percent [+]
Full Time Employment 206.00 203.60 206.00 132.80 Thousand [+]
Employment Change 1.40 1.80 2.60 -1.40 percent [+]
Employment Rate 72.20 72.30 72.80 53.00 percent [+]


Malta Unemployment Rate

In Malta, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Malta Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malta Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.50 8.24 3.50 2001 - 2019 percent Quarterly




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.00 Jun/19
Brazil 11.80 Jul/19
Argentina 10.10 Mar/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.30 Aug/19
Indonesia 5.01 Mar/19
Russia 4.30 Aug/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Aug/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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