MaltaKapitel
With a civilization that dates back thousands of years, Malta boasts some of the oldest megalithic sites in the world. Situated in the center of the Mediterranean, Malta’s islands have long served as a strategic military asset, with the islands at various times having come under control of the Phoenicians, Carthaginians, Greeks, Romans,
Source: The CIA World Factbook - Malta
Kennzahlen
- Fläche
- 316 km2
- Bevölkerung
- 460,891 (July 2021 est.)
- Regierungsform
- parliamentary republic
- Sprachen
- Maltese (official) 90.1%, English (official) 6%, multilingual 3%, other 0.9% (2005 est.)
- BIP
- $14.647 billion (2020 est.)
- Wachstumsrate
- -7% (2020 est.)
- HDI
- 28
- Hauptstadt
- Valletta
Makroökonomische Indikatoren
Malta’s free market economy – the smallest economy in the euro-zone – relies heavily on trade in both goods and services, principally with Europe. Malta produces less than a quarter of its food needs, has limited fresh water supplies, and has few domestic energy sources. Malta's economy is dependent on foreign trade, manufacturing, and tourism. Malta joined the EU in 2004 and adopted the euro on 1 January 2008.
Malta has weathered the euro-zone crisis better than most EU member states due to a low debt-to-GDP ratio and financially sound banking sector. It maintains one of the lowest unemployment rates in Europe, and growth has fully recovered since the 2009 recession. In 2014 through 2016, Malta led the euro zone in growth, expanding more than 4.5% per year.
Malta’s services sector continues to grow, with sustained growth in the financial services and online gaming sectors. Advantageous tax schemes remained attractive to foreign investors, though EU discussions of anti-tax avoidance measures have raised concerns among Malta’s financial services and insurance providers, as the measures could have a significant impact on those sectors. The tourism sector also continued to grow, with 2016 showing record-breaking numbers of both air and cruise passenger arrivals.
Malta’s GDP growth remains strong and is supported by a strong labor market. The government has implemented new programs, including free childcare, to encourage increased labor participation. The high cost of borrowing and small labor market remain potential constraints to future economic growth. Increasingly, other EU and European migrants are relocating to Malta for employment, though wages have remained low compared to other European countries. Inflation remains low.
Source: The CIA World Factbook - Economic overview Malta
IMF Statistics:
| Subject descriptor | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
|
Gross domestic product, constant prices Percent change (Units) |
12.514 |
8.076 |
5.614 |
5.041 |
4.005 |
|
Gross domestic product, current prices Percent change (Billions) |
18.136 |
18.372 |
20.963 |
22.737 |
24.023 |
|
Gross domestic product per capita, current prices Percent change (Units) |
35,140.019 |
35,263.992 |
38,673.584 |
41,738.084 |
43,878.770 |
|
Inflation, average consumer prices Percent change (Units) |
0.715 |
6.125 |
5.655 |
2.861 |
2.115 |
|
Volume of imports of goods and services Percent change (Units) |
5.074 |
11.684 |
4.646 |
1.021 |
2.090 |
|
Volume of exports of goods and services Percent change (Units) |
7.575 |
8.560 |
8.665 |
3.145 |
2.876 |
|
Unemployment rate Percent change (Units) |
3.408 |
2.917 |
2.500 |
2.500 |
2.500 |
|
Current account balance Percent change (Billions) |
0.218 |
-0.547 |
0.400 |
0.571 |
0.638 |
|
Current account balance Percent change (Units) |
1.204 |
-2.976 |
1.910 |
2.511 |
2.655 |
Estimates
Source: IMF Statistics - Malta
Luxemburg und das Land
Existing conventions and agreements
Non double taxation agreement
In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.
- Convention from 29.04.1994 (Memorial 1995, A No.96, p.2231)
- Effective as of 01.01.1996 (Memorial 1995, A No.96, p.2231)
- Amendment of the Convention form 30.11.2011 (Memorial 2013, A No.114, p.1708)
- Effective as of 01.01.2014 (Memorial 2013, A No.114, p.1708)
Air Services agreement
- Agreement from 17.6.1991 (Memorial 1995, A, p. 1592)
- Effective as of 03.11.1995 (Memorial 1995, A, p. 2262)
Weitere Informationen
Foreign Trade
The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.
You can see the statistics on the website of the Statec.
Contact points in Malta
Embassy of the Grand Duchy of Luxembourg in Malta
Ambassador with residence in Rome: Mr Paul DÜHR
90, Via di Sante Croce in Gerusalemme
I-00185 Rome
Italy
Tel.: (+39) 06 77 20 11 77/78
Fax: (+39) 06 77 20 10 55
E-Mail: rome.amb@mae.etat.lu
Honorary Consul
Honorary Consul with jurisdiction over Malta:
Mr David TONNA
Palazzo Pietro Stiges
103, Strait Street
VLT 1436 Valletta
Malta
Tel.: (+356) 21 23 22 71
E-Mail: valletta@consul-hon.lu
Source: Ministry of Foreign Affairs of Luxembourg
Country risk as defined by Office du Ducroire for Malta
Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.
Link: Ducroire Office - Country Risk For Malta