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Trading Basics

Malta

Capital
Valletta
Region
Middle East, North Africa, Afghanistan & Pakistan
Income group
High income
Population
580,000 (2025)

Malta uses the euro: its interest rates are set by the European Central Bank. Monthly figures for the euro area are on the economy dashboard.

At a glance

  • Prices in Malta rose 2.4% in 2025, close to the middle of the range worldwide.
  • Malta's economy grew 4.0% in 2025, faster than most economies.
  • Output per person in Malta was US$47,907 in 2025, higher than in most countries.
  • 2.9% of Malta's labour force had no job in 2025, a lower share than in most countries.
  • Malta had 580,000 people in 2025: about less than 0.1% of everyone on Earth, the 170th largest population of 217 countries and territories.
  • Malta had a current account surplus of 7.1% of GDP in 2024, higher than in most countries.

Consumer prices, change over the year (yearly average)

2.4%
World median 3.0%

Since 2000

Show the numbers
Inflation in Malta and the world median, last ten years
YearMaltaWorld median
20252.4%3.0%
20241.7%3.0%
20235.1%5.7%
20226.2%8.0%
20211.5%3.5%
20200.6%1.9%
20191.6%2.2%
20181.2%2.5%
20171.4%2.3%
20160.6%1.6%

Real GDP, change over the year

4.0%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Malta and the world median, last ten years
YearMaltaWorld median
20254.0%3.4%
20246.2%3.4%
202310.6%3.2%
20222.6%4.3%
202113.4%5.1%
2020−3.5%−3.8%
20194.1%2.8%
20187.2%3.2%
201713.0%3.3%
20164.1%3.1%

GDP divided by population, in US dollars at current prices

US$47,907
World median US$7,882

Since 2000

Show the numbers
GDP per person in Malta and the world median, last ten years
YearMaltaWorld median
2025US$47,907US$7,882
2024US$44,024US$7,853
2023US$40,933US$7,862
2022US$35,659US$7,656
2021US$38,078US$7,269
2020US$31,823US$6,433
2019US$32,422US$7,037
2018US$33,382US$6,978
2017US$30,317US$6,548
2016US$26,459US$5,982

Share of the labour force without a job (ILO modelled estimate)

2.9%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Malta and the world median, last ten years
YearMaltaWorld median
20252.9%5.1%
20243.1%5.1%
20233.5%5.2%
20223.5%5.3%
20213.8%6.0%
20204.9%6.4%
20194.1%5.4%
20184.0%5.4%
20174.0%5.6%
20164.7%5.9%

Everyone living in the country, mid-year

580,000

Since 2000

Show the numbers
Population in Malta and the world median, last ten years
YearMalta
2025580,000
2024569,000
2023553,000
2022531,000
2021518,000
2020515,000
2019504,000
2018484,000
2017467,000
2016455,000

Current account balance, % of GDP

7.1%
World median −1.3%

Since 2000

Show the numbers
Current account balance in Malta and the world median, last ten years
YearMaltaWorld median
20247.1%−1.3%
20236.5%−1.2%
2022−2.8%−3.0%
20219.3%−2.4%
202016.1%−1.7%
201917.9%−2.1%
201813.4%−2.9%
201719.2%−2.1%
2016−0.6%−2.8%
20152.7%−2.8%

No recent World Bank figure for Malta: government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Malta since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.