Markets Actual Q1 Q2 Q3 Q4 2020
Currency 1.10 1.11 1.1 1.1 1.1 1.09
Stock Market (points) 4634.73 4684 4654 4624 4594 4536
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.30 0.6 0.6 0.6 0.5 0.5
GDP Annual Growth Rate (%) 3.40 4.2 4.3 3.5 3.2 3
Unemployment Rate (%) 3.40 3.3 3.2 3.2 3.1 3
Inflation Rate (%) 1.30 1.7 1.9 1.8 1.6 1.8
Inflation Rate Mom (%) -0.20 0.2 0.2 0.2 0.4 0.4
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Thousand) -131362.00 -220000 -334000 -334000 -111300 -131300
Current Account to GDP (%) 11.20 8.5 8.5 8.5 8.5 8.2
Government Debt to GDP (%) 46.00 40 40 40 40 38
Government Budget (% of GDP) 2.00 0.9 0.9 0.9 0.9 0.7
Business Confidence (points) 91.50 104 104 105 105 101
Consumer Confidence (points) 5.50 5.3 7.5 7 9 7
Retail Sales MoM (%) -0.20 0.2 0.5 0.8 0.1 0.1
Corporate Tax Rate (%) 35.00 35 35 35 35 35
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.30 0.6 0.6 0.6 0.5 0.5
GDP Annual Growth Rate (%) 3.40 4.2 4.3 3.5 3.2 3
GDP (USD Billion) 14.54 15.9 15.9 15.9 15.9 17.5
GDP Constant Prices (EUR THO) 2959781.00 2633857 2778018 3063373 3054494 3146129
Gross National Product (EUR THO) 3177716.95 2920382 3129529 3288937 3279404 3377786
Gross Fixed Capital Formation (EUR THO) 458033.00 534958 464847 474064 472690 486871
GDP per capita (USD) 28385.10 30500 30500 30500 30500 31400
GDP per capita PPP (USD) 38146.77 41500 41500 41500 41500 44000
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 3.40 3.3 3.2 3.2 3.1 3
Wages (EUR/Year) 20032.52 19200 19200 19200 19400 19400
Minimum Wages (EUR/Month) 761.97 772 772 772 772 785
Population (Million) 0.48 0.51 0.51 0.51 0.52 0.54
Retirement Age Women 62.00 63 63 63 63 63
Retirement Age Men 62.00 63 63 63 63 63
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 1.30 1.7 1.9 1.8 1.6 1.8
Inflation Rate Mom (%) -0.20 0.2 0.2 0.2 0.4 0.4
Consumer Price Index CPI (points) 103.44 104 105 105 105 107
Harmonised Consumer Prices (points) 103.44 104 104 104 107 109
Producer Prices (points) 108.49 110 111 111 111 114
Producer Prices Change (%) 1.60 1.8 2.1 2.1 2.7 2.5
Food Inflation (%) 2.20 2.6 2.6 2.6 2.8 2.8
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 0.00 0 0 0 0 0
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (EUR Thousand) -131362.00 -220000 -334000 -334000 -111300 -131300
Current Account to GDP (%) 11.20 8.5 8.5 8.5 8.5 8.2
Imports (EUR Thousand) 457039.00 428400 608200 608200 451400 501400
Exports (EUR Thousand) 325677.00 278400 274200 274200 340100 370100
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 46.00 40 40 40 40 38
Government Budget (% of GDP) 2.00 0.9 0.9 0.9 0.9 0.7
Government Budget Value (EUR THO) -2134.00 -2143 -2143 -2143 -2093 -2093
Government Spending (EUR THO) 438723.00 500035 488945 454078 452762 466345
Government Spending to GDP (%) 36.80 37.2 37.2 37.2 37.2 37.4
Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2020
Business Confidence (points) 91.50 104 104 105 105 101
Industrial Production (%) 0.60 2.2 2 1.9 1.8 0.6
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (points) 5.50 5.3 7.5 7 9 7
Retail Sales MoM (%) -0.20 0.2 0.5 0.8 0.1 0.1
Retail Sales YoY (%) 2.70 4.2 4 3.5 3.4 2.1
Consumer Spending (EUR THO) 1294330.00 1291309 1284257 1339632 1335749 1375821
Bank Lending Rate (%) 3.67 3.66 3.66 3.66 3.66 3.66
Consumer Credit (EUR Million) 6020.92 5781 5907 6031 6182 6367
Gasoline Prices (USD/Liter) 1.55 1.74 1.78 1.82 1.87 1.87


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.