The unemployment rate in Malta decreased to 3.4 percent in the third quarter 2019 from a downwardly revised 3.6 percent in the same period of the previous year. The number of unemployed fell by 216 to 8,879 while employed increased by 10,955 to 255,297. Meantime, the activity rate rose to 76.4 percent from 76.1 percent a year earlier and the employment rate went up to 73.7 percent from 73.3 percent.

Unemployment Rate in Malta averaged 6.11 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 3.40 percent in the second quarter of 2019. 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.

Unemployment Rate in Malta is expected to be 3.40 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.

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Malta Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.40 8.24 3.40 2001 - 2019 percent Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2019-03-25 10:00 AM Q4 3.5% 3.7% 3.5%
2019-06-27 09:00 AM Q1 3.5% 3.5% 4.3%
2019-09-30 09:00 AM Q2 3.4% 3.5% 3.7%
2019-12-23 11:25 AM Q3 3.4% 3.4% 3.7%
2020-03-26 10:00 AM Q4 3.4% 3.40%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-09-30
Malta Jobless Rate Falls to 3.4% in Q2
The unemployment rate in Malta decreased to 3.4 percent in the second quarter of 2019 from a downwardly revised 3.7 percent in the same period of the previous year. The number of unemployed fell by 223 to 8,815 while employed increased by 16,468 to 251,700, mostly in full-time jobs (up 15,213 to 217,843). Unemployment rose among people aged 15-24 years to 9.1 percent from 8.4 percent in Q2 2018 but decreased in the 25-74 age group to 2.7 percent from 3.1 percent a year ago. Meantime, the activity rate rose to 67 percent from 63.3 percent a year earlier and the employment rate went up to 64.6 percent from 61.1 percent in the corresponding period of 2018.

2019-06-27
Malta Jobless Rate Falls to 3.5% in Q1
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.

2019-03-25
Malta Jobless Rate Falls to Record Low of 3.5% in Q4
The unemployment rate in Malta fell to 3.5 percent in the fourth quarter of 2018 from 4.0 percent in the same period of the previous year. It was the lowest jobless rate since at least the first quarter of 2001, as the number of unemployed declined by 724 to 8,713 and employed rose by 12,260 to 239,427. By genders, the jobless rate was lower for women (3.4 percent vs 4.0 percent in Q4 2017) than for men (3.6 percent vs 4.0 percent). Meantime, the activity rate went up to 75.0 percent from 73.5 percent a year earlier, with the highest rate being recorded among people aged 25-54 (85.9 percent). Thus, the employment rate increased to 72.3 percent from 70.5 percent in the corresponding period of 2017.


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.