Markets Actual Q2 Q3 Q4 Q1 2020
Currency 1.11 1.12 1.11 1.11 1.1 1.09
Stock Market (points) 4725.73 4679 4648 4618 4588 4529
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.50 0.6 0.7 0.6 0.6 0.5
GDP Annual Growth Rate (%) 7.20 5.3 4.6 3.8 3.1 3.2
Unemployment Rate (%) 3.50 3.7 3.7 3.3 4 3.4
Inflation Rate (%) 1.30 1.6 1.7 2.2 2 2.3
Inflation Rate Mom (%) 1.00 0.9 0.1 0.2 0.2 0.4
Interest Rate (%) 0.00 0 0 0 0.25 0.75
Balance of Trade (EUR Thousand) -341731.00 -328000 -188000 -133300 -220000 -111300
Current Account to GDP (%) 11.20 9 9 9 8.5 8.5
Government Debt to GDP (%) 46.00 56.3 56.3 56.3 54.7 54.7
Government Budget (% of GDP) 2.00 0.8 0.8 0.8 0.6 0.6
Business Confidence (Index Points) 101.80 112 112 112 113 115
Consumer Confidence (Index Points) -0.60 4.5 5.1 5.5 6 9
Retail Sales MoM (%) -0.30 0.1 0.1 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 Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.50 0.6 0.7 0.6 0.6 0.5
GDP Annual Growth Rate (%) 7.20 5.3 4.6 3.8 3.1 3.2
GDP (USD Billion) 12.54 14 14 14 15.3 15.3
GDP Constant Prices (EUR THO) 2677330.00 2638274 2960502 2779069 2760327 2867999
Gross National Product (EUR THO) 2868845.89 2936070 3101973 2977862 2957780 3073154
Gross Fixed Capital Formation (EUR THO) 530295.00 455170 463532 550446 546734 568060
GDP per capita (USD) 27145.81 29660 29660 29660 30540 30540
GDP per capita PPP (USD) 36513.32 38000 38000 38000 38900 38900
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 3.50 3.7 3.7 3.3 4 3.4
Wages (EUR/Year) 19035.61 19503 19593 19200 19200 19400
Minimum Wages (EUR/Month) 757.64 758 758 758 772 772
Population (Million) 0.48 0.5 0.5 0.5 0.52 0.52
Retirement Age Women 62.00 62 62 63 63 63
Retirement Age Men 62.00 62 62 63 63 63
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 1.30 1.6 1.7 2.2 2 2.3
Inflation Rate Mom (%) 1.00 0.9 0.1 0.2 0.2 0.4
Consumer Price Index CPI (Index Points) 100.98 103 104 105 103 108
Producer Prices (Index Points) 106.48 110 111 111 109 114
Producer Prices Change (%) 3.10 2.4 3.9 4.1 2.1 2.4
Food Inflation (%) 3.50 2.6 2.5 2.6 2.6 2.8
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 0.00 0 0 0 0.25 0.75
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (EUR Thousand) -341731.00 -328000 -188000 -133300 -220000 -111300
Current Account to GDP (%) 11.20 9 9 9 8.5 8.5
Imports (EUR Thousand) 597688.00 592600 432600 428400 498400 451400
Exports (EUR Thousand) 255958.00 265100 244200 295100 278400 340100
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 46.00 56.3 56.3 56.3 54.7 54.7
Government Budget (% of GDP) 2.00 0.8 0.8 0.8 0.6 0.6
Government Spending (EUR THO) 479443.00 454150 432885 497662 494306 513587
Government Spending to GDP (%) 36.50 34.6 34.6 34.6 34.2 34.2
Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2020
Business Confidence (Index Points) 101.80 112 112 112 113 115
Industrial Production (%) -1.50 1.2 1.5 1.8 1.8 2.5
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Confidence (Index Points) -0.60 4.5 5.1 5.5 6 9
Retail Sales MoM (%) -0.30 0.1 0.1 1.8 1.8 1.6
Retail Sales YoY (%) 4.20 -0.89 -0.89 3.8 3.8 3.4
Consumer Spending (EUR THO) 1248604.00 1259235 1313965 1296051 1287311 1337525
Bank Lending Rate (%) 3.67 3.68 3.68 3.68 3.93 3.93
Gasoline Prices (USD/Liter) 1.53 1.48 1.44 1.41 1.37 1.37


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.