The unemployment rate in Malta edged up to 3.9 percent in the first quarter of 2021 from an upwardly revised 3.6 percent in the corresponding period of the previous year. The number of unemployed rose by 525 to 10,516, while the number of employed fell by 2,849 to 263,400. Meantime, the activity rate edged down to 77.2 percent from 77.6 percent in Q1 2020 and the employment rate dropped slowly to 60.0 percent from 60.6 percent. source: National Statistics Office, Malta

Unemployment Rate in Malta averaged 5.96 percent from 2001 until 2021, reaching an all time high of 8.24 percent in the third quarter of 2003 and a record low of 3.30 percent in the first quarter of 2020. 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 September of 2021.

Unemployment Rate in Malta is expected to be 4.20 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 5.10 in 12 months time. In the long-term, the Malta Unemployment Rate is projected to trend around 4.50 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

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Malta Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.90 4.40 8.24 3.50 2001 - 2021 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-09-30 09:00 AM Q2 4.4% 3.3% 5.1%
2020-12-22 10:00 AM Q3 4.6% 4.4% 6.3%
2021-03-25 10:00 AM Q4 4.4% 4.6% 5%
2021-06-24 10:30 AM Q1 3.9% 4.4% 6.5%
2021-09-27 09:00 AM Q2 3.9% 4.2%
2021-12-21 10:00 AM Q3
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Malta Jobless Rate Rises to 3.9% in Q1
The unemployment rate in Malta edged up to 3.9 percent in the first quarter of 2021 from an upwardly revised 3.6 percent in the corresponding period of the previous year. The number of unemployed rose by 525 to 10,516, while the number of employed fell by 2,849 to 263,400. Meantime, the activity rate edged down to 77.2 percent from 77.6 percent in Q1 2020 and the employment rate dropped slowly to 60.0 percent from 60.6 percent.
2021-06-24
Malta Jobless Rate Rises to 4.4% in Q4
The unemployment rate in Malta increased to 4.4 percent in the fourth quarter of 2020 from an upwardly revised 3.5 percent in the corresponding period of the previous year. The number of unemployed grew by 2,336 to 11,886, while the number of employed edged down by 1,984 to 260,106. Meantime, the activity rate advanced to 77.3 percent from 76.7 percent in Q4 2019 and the employment rate went slightly down to 73.8 percent from 73.9 percent.
2021-03-25
Malta Jobless Rate Rises to Over 3-Year High of 4.6%
The unemployment rate in Malta rose to 4.6 percent in the third quarter of 2020 from 3.7 percent in the corresponding period of the previous year. It was the highest jobless rate since the first quarter of 2017, as the number of unemployed increased by 2,755 to 12,589 and employed went up by 7,017 to 259,523. Meantime, the activity rate advanced to 77.3 percent from 76.1 percent in Q3 2019 and the employment rate went up to 73.6 percent from 73.3 percent.
2020-12-22
Malta Jobless Rate Rises to Over 3-Year High in Q2
The unemployment rate in Malta rose to 4.4 percent in the second quarter of 2020 from 3.6 percent in the corresponding month of the previous year. It was the highest jobless rate since the first quarter of 2017, as the coronavirus pandemic hit the labour market. The number of unemployed increased by 2,764 to 12,031 and employed went up by 7,017 to 259,523. Meantime, the activity rate advanced to 76.4 percent from 75.5 percent in Q2 2019 and the employment rate rose to 73 percent from 72.8 percent.
2020-09-30

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.