The unemployment rate in Malta dropped to 2.9 percent in the third quarter of 2022 from the downwardly revised 3.3 percent in the corresponding period of the previous year. The number of unemployed fell by 742 individuals to 8,566, while the number of employed rose by 13,709 to 284,571. Meanwhile, the inactive population dropped to 35.3% of the total population from 36.7% in the prior year. source: National Statistics Office, Malta

Unemployment Rate in Malta averaged 5.78 percent from 2001 until 2022, reaching an all time high of 8.24 percent in the third quarter of 2003 and a record low of 2.90 percent in the second quarter of 2022. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Unemployment Rate in Malta is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malta Unemployment Rate is projected to trend around 3.00 percent in 2023 and 3.20 percent in 2024, according to our econometric models.

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Malta Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-09-15 09:00 AM Q2 2.9% 3.2%
2022-12-15 10:00 AM Q3 2.9% 2.9% 3%
2023-03-13 10:00 AM Q4 2.9% 3.00%


Related Last Previous Unit Reference
Unemployment Rate 2.90 2.90 percent Sep 2022
Unemployed Persons 1046.00 1017.00 Dec 2022
Employed Persons 255141.00 253996.00 Aug 2022
Wages 1763.14 1730.00 EUR/Year Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.90 2.90 8.24 2.90 2001 - 2022 percent Quarterly

News Stream
Malta Unemployment Rate at 2.9% in Q3
The unemployment rate in Malta dropped to 2.9 percent in the third quarter of 2022 from the downwardly revised 3.3 percent in the corresponding period of the previous year. The number of unemployed fell by 742 individuals to 8,566, while the number of employed rose by 13,709 to 284,571. Meanwhile, the inactive population dropped to 35.3% of the total population from 36.7% in the prior year.
2022-12-15
Malta Unemployment Rate Hits a Record Low of 2.9%
The unemployment rate in Malta dropped to 2.9 percent in the second quarter of 2022, from 3.4 percent in the corresponding period of the previous year. The number of unemployed fell by 955 to 8,446 persons while the number of employed increased by 12,980 to 280,469. Meanwhile, the activity rate rose to 79.9 percent from 77.5 percent last year, and the employment rate increased to 77.5 percent from 74.8 percent.
2022-09-15
Malta Jobless Rate Falls to 3.2% in Q1
The unemployment rate in Malta dropped to 3.2 percent in the first quarter of 2022, from 4 percent in the corresponding period of the previous year. The number of unemployed fell by 1,716 to 9,090 while the number of employed increased by 11,442 to 274,493. Meanwhile, the activity rate rose to 78.7 percent from 77 percent in Q1 of 2021 and the employment rate increased to 76.1 percent from 73.9 percent.
2022-06-24