Economy of Malta

Imports
Imports commoditiesmineral fuels, oils and products; electrical machinery; aircraft/spacecraft and parts thereof; machinery and mechanical appliances; plastic and other semi-manufactured goods; vehicles and parts thereof
Import partnersItaly 39.2%, UK 7.3%, France 7.3%, Germany 6.4%, Spain 4.1% (2012)
Exports
Exports commoditiesmachinery and mechanical appliances; mineral fuels, oils and products; pharmaceutical products; printed books and newspapers; aircraft/spacecraft and parts; toys, games, and sports equipment
Export partnersGermany 14.9%, France 12.3%, Italy 7.2%, UK 5.2%, Libya 5%, Netherlands 4.1% (2012)
Economy sectors
Agriculture productspotatoes, cauliflower, grapes, wheat, barley, tomatoes, citrus, cut flowers, green peppers; pork, milk, poultry, eggs
Industrial productstourism, electronics, ship building and repair, construction, food and beverages, pharmaceuticals, footwear, clothing, tobacco, aviation services, financial services, information technology services
Economy
Unemployment Rate (not seasonally adjusted)6.30 % (2013-11)6.70 % (2013-10)6.60 % (2013-09)6.40 % (2013-08)6.40 % (2013-07)6.60 % (2013-06)
Unemployment Rate (not seasonally adjusted) of Malta
Unemployment Rate (seasonally adjusted)5.70 % (2014-05)5.80 % (2014-04)5.90 % (2014-03)6.10 % (2014-02)6.30 % (2014-01)6.40 % (2013-12)6.40 % (2013-11)6.60 % (2013-10)6.50 % (2013-09)6.40 % (2013-08)6.30 % (2013-07)6.30 % (2013-06)
Unemployment Rate (seasonally adjusted) of Malta
Reserves of foreign exchange and gold377 Million $ (2013)705 Million $ (2012)516 Million $ (2011)
Reserves of foreign exchange and gold of Malta
Harmonized Indices of Consumer Prices0.40 Percentage change m/m-12 (2014-05)0.50 Percentage change m/m-12 (2014-04)1.40 Percentage change m/m-12 (2014-03)1.60 Percentage change m/m-12 (2014-02)0.90 Percentage change m/m-12 (2014-01)1.00 Percentage change m/m-12 (2013-12)0.30 Percentage change m/m-12 (2013-11)0.50 Percentage change m/m-12 (2013-10)0.60 Percentage change m/m-12 (2013-09)0.70 Percentage change m/m-12 (2013-08)0.90 Percentage change m/m-12 (2013-07)
Harmonized Indices of Consumer Prices of Malta
Inflation1.00 % (2013)2.40 % (2012)2.70 % (2011)
Inflation of Malta
Unemployment6.40 % (2013)6.40 % (2012)6.40 % (2011)
Unemployment of Malta
GDP - Official Exchange Rate9.54 Billion $ (2013)8.63 Billion $ (2012)9.15 Billion $ (2011)
GDP - Official Exchange Rate of Malta
GDP growth rate2.40 % (2013)1.00 % (2012)2.10 % (2011)
GDP growth rate of Malta
GDP per Capita (PPP)29,200 $ (2012)26,000 $ (2011)25,700 $ (2010)
GDP per Capita (PPP) of Malta
GDP - Purchasing Power Parity11.2 Billion $ (2013)11.2 Billion $ (2012)11.0 Billion $ (2011)
GDP - Purchasing Power Parity of Malta
GDP PPP per land area35.5 Million $ per square kilometer (2013)35.4 Million $ per square kilometer (2012)34.8 Million $ per square kilometer (2011)
GDP PPP per land area of Malta
ElectricityBanking
Central bank discount rate0.75 % (2013)1.75 % (2011)1.75 % (2010)
Central bank discount rate of Malta
Commercial bank prime lending rate0.25 % (2013)4.70 % (2012)4.76 % (2011)
Commercial bank prime lending rate of Malta
GDP decomposition by sector
Agriculture % of GDP1.40 % (2013)1.50 % (2012)
Industry % of GDP25.3 % (2013)13.4 % (2012)
Services % of GDP73.3 % (2013)85.1 % (2012)
Tourism
International tourism, number of arrivals1.44 Million (2012)1.42 Million (2011)1.34 Million (2010)
International tourism, number of arrivals of Malta
International tourism, number of departures331 Thousand (2012)309 Thousand (2011)294 Thousand (2010)
International tourism, number of departures of Malta
Yearly Tourist arrivals to residents ratio352 % (2012)347 % (2011)323 % (2010)
Yearly Tourist arrivals to residents ratio of Malta
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)75.3 % of GDP (2013)71.3 % of GDP (2012)71.9 % of GDP (2011)
Public debt (Percentage of GDP) of Malta
Current Account Balance (Percentage of GDP)2.05 % of GDP (2012)-0.53 % of GDP (2011)-7.44 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Malta
Current Account Balance (Total)133 Million $ (2013)87.6 Million $ (2012)-268.80 Million $ (2011)
Current Account Balance (Total) of Malta
External Debt (Total)51.1 Billion $ (2013)45.8 Billion $ (2012)48.8 Billion $ (2011)
External Debt (Total) of Malta
External Debt (Percentage of GDP)535 % of GDP (2013)530 % of GDP (2012)533 % of GDP (2011)
External Debt (Percentage of GDP) of Malta
External Debt per Capita124 Thousand $ (2013)112 Thousand $ (2012)119 Thousand $ (2011)
External Debt per Capita of Malta