Malta GDP Annual Growth Rate  2001-2018 | Data | Chart | Calendar

The GDP in Malta expanded 4.3 percent year-on-year in the last three months of 2017, following an upwardly revised 7.6 percent increase in the previous period. It is the lowest growth rate in four years as household spending slowed (1.6 percent compared to 4.2 percent in Q3) and declines were recorded for public expenditure (-3.3 percent compared to 16.1 percent) and gross fixed capital formation (-0.2 percent compared to -6.6 percent). On the other hand, net trade rebounded as exports grew 4 percent (-0.6 percent in Q3) and imports was up 0.4 percent (-2.8 percent in Q3). Considering full 2017, the economy grew 6.6 percent, higher than 5.5 percent in 2016. GDP Annual Growth Rate in Malta averaged 3.30 percent from 2001 until 2017, reaching an all time high of 10.50 percent in the fourth quarter of 2014 and a record low of -3.70 percent in the second quarter of 2009.

Malta GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-06 09:00 AM GDP Growth Rate YoY 6.4% 6.2% 4.2%
2017-12-07 10:00 AM GDP Growth Rate YoY 7.2% 7.9% 6.6%
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 4.3% 7.50%
2018-09-06 09:00 AM GDP Growth Rate YoY 6.30%
2018-12-07 10:00 AM GDP Growth Rate YoY 6.80%


Malta GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.50 2.30 4.40 -3.10 percent [+]
GDP Annual Growth Rate 4.30 7.60 10.50 -3.70 percent [+]
GDP 10.95 10.29 11.19 0.25 USD Billion [+]
GDP Constant Prices 2453170.00 2541595.00 2541595.00 1181627.00 EUR THO [+]
Gross National Product 2598342.97 2655545.31 2655545.31 894723.89 EUR THO [+]
Gross Fixed Capital Formation 560859.00 441705.00 560859.00 155934.00 EUR THO [+]
GDP per capita 26577.45 25599.08 26577.45 3742.81 USD [+]
GDP per capita PPP 35694.04 34380.06 35694.04 16151.69 USD [+]


Malta GDP Annual Growth Rate

Malta's main economic sectors are tourism, high value added manufacturing, life sciences and pharmaceuticals, ICT, financial services, education and training, creative arts, aviation, maritime. Malta's financial services industry has grown in recent years and it has avoided contagion from the European financial crisis, largely because its debt is mostly held domestically and its banks have low exposure to the sovereign debt of peripheral European countries. 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 7.60 10.50 -3.70 2001 - 2017 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Canada 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.50 Mar/18
Australia 2.40 Dec/17
Germany 2.30 Mar/18
Brazil 2.10 Dec/17
France 2.10 Mar/18
Switzerland 1.90 Dec/17
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
United Kingdom 1.20 Mar/18
Japan 0.90 Mar/18


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