Malta's economy advanced 7.5 percent year-on-year in the third quarter of 2018, quickening from an upwardly revised 6.2 percent growth in the previous period. It is the strongest expansion since the third quarter of 2017. Household consumption remained strong (8.4 percent vs 9.1 percent in Q2) and net trade contributed positively to growth, as exports advanced faster (2.6 percent vs 0.3 percent) while imports rose less (1.2 percent vs 4.3 percent). Meanwhile, government spending (1.9 percent vs 10.2 percent) and fixed investment (0.6 percent vs 12.6 percent) increased at a much slower pace. GDP Annual Growth Rate in Malta averaged 3.70 percent from 2001 until 2018, reaching an all time high of 11.20 percent in the first quarter of 2015 and a record low of -3.70 percent in the second quarter of 2009.

GDP Annual Growth Rate in Malta is expected to be 6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Malta to stand at 4.60 in 12 months time. In the long-term, the Malta GDP Annual Growth Rate is projected to trend around 3.20 percent in 2020, according to our econometric models.

Malta GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-08 10:00 AM GDP Growth Rate YoY 4.3% 7.6% 6.2%
2018-06-05 09:00 AM GDP Growth Rate YoY 4.4% 4.6% 6.5%
2018-09-06 09:00 AM GDP Growth Rate YoY 5.9% 4.9% 4%
2018-12-07 10:00 AM GDP Growth Rate YoY 7.5% 6.2% 4.8%
2019-03-08 10:00 AM GDP Growth Rate YoY 7.55 6.40%
2019-06-05 09:00 AM GDP Growth Rate YoY 4.80%
2019-09-06 09:00 AM GDP Growth Rate YoY 5.30%


Malta GDP Last Previous Highest Lowest Unit
GDP Growth Rate 3.60 2.50 4.40 -3.00 percent [+]
GDP Annual Growth Rate 7.50 6.20 11.20 -3.70 percent [+]
GDP 12.54 11.28 12.54 0.25 USD Billion [+]
GDP Constant Prices 2841842.00 2488766.00 2841842.00 1181627.00 EUR THO [+]
Gross National Product 2968973.20 2819612.93 2968973.20 894723.89 EUR THO [+]
Gross Fixed Capital Formation 441988.00 445107.00 560806.00 155934.00 EUR THO [+]
GDP per capita 27145.81 26064.17 27145.81 3742.81 USD [+]
GDP per capita PPP 36513.32 35058.43 36513.32 16176.49 USD [+]


Malta GDP Annual Growth Rate

Malta's economy is dependent on foreign trade (serving as a freight trans-shipment point), manufacturing of electronics and textiles, tourism and financial services as it offers low-cost environment and an advantageous tax regime. On the expenditure side, household consumption is the main component of GDP and accounts for 55 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (19 percent). Exports of goods and services account for 149 percent while imports account for 143 percent, adding 6 percent of total GDP. This page provides - Malta GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malta GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7.50 6.20 11.20 -3.70 2001 - 2018 percent Quarterly
2010=100, NSA




Country Last Previous
India 7.10 Sep/18
China 6.50 Sep/18
Indonesia 5.17 Sep/18
United States 3.00 Sep/18
Australia 2.80 Sep/18
Mexico 2.50 Sep/18
Spain 2.50 Sep/18
Netherlands 2.40 Sep/18
Switzerland 2.40 Sep/18
Singapore 2.20 Sep/18
South Korea 2.00 Sep/18
Canada 1.90 Jun/18
Saudi Arabia 1.61 Jun/18
Euro Area 1.60 Sep/18
Turkey 1.60 Sep/18
Russia 1.50 Sep/18
United Kingdom 1.50 Sep/18
France 1.40 Sep/18
Brazil 1.30 Sep/18
Germany 1.10 Sep/18
South Africa 1.10 Sep/18
Italy 0.70 Sep/18
Japan 0.00 Sep/18
Argentina -4.20 Jun/18


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