Malta’s economy expanded by 3.9% year-on-year in the first quarter of 2026, slowing notably from an upwardly revised 6.5% growth rate recorded in the previous quarter. The moderation was mainly driven by softer net trade contributions, as imports increased by 4.9%, outpacing the 5.6% rise in exports. Despite the slowdown, domestic demand remained a key driver of growth, contributing 3.6 percentage points to GDP, lifted by gains in both household consumption (3.8%) and government spending (8.5%). Moreover, investment activity strengthened as gross fixed capital formation increased by 3.6% in Q1. source: National Statistics Office, Malta

The Gross Domestic Product (GDP) in Malta expanded 3.90 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Malta averaged 4.65 percent from 2001 until 2026, reaching an all time high of 18.70 percent in the third quarter of 2021 and a record low of -9.30 percent in the second quarter of 2020. This page provides - Malta GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malta GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

The Gross Domestic Product (GDP) in Malta expanded 3.90 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Malta is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malta GDP Annual Growth Rate is projected to trend around 3.60 percent in 2027 and 3.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-26 10:00 AM
GDP Growth Rate YoY
Q4 6.4% 3.8% 2.7%
2026-05-28 09:00 AM
GDP Growth Rate YoY
Q1 3.9% 6.5% 4%
2026-08-27 09:00 AM
GDP Growth Rate YoY
Q2 3.9% 3.4%


Related Last Previous Unit Reference
Full Year GDP Growth 4.00 6.20 percent Dec 2025
GDP Growth Rate YoY 3.90 6.50 percent Mar 2026
GDP Constant Prices 5090898.00 5164877.00 EUR Thousand Mar 2026
Gross Fixed Capital Formation 858805.00 917504.00 EUR Thousand Mar 2026
Gross National Product 5573516.00 5695423.00 EUR Thousand Mar 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
3.90 6.50 18.70 -9.30 2001 - 2026 percent Quarterly
NSA

News Stream
Malta GDP Expands at Softer 3.9% in Q1
Malta’s economy expanded by 3.9% year-on-year in the first quarter of 2026, slowing notably from an upwardly revised 6.5% growth rate recorded in the previous quarter. The moderation was mainly driven by softer net trade contributions, as imports increased by 4.9%, outpacing the 5.6% rise in exports. Despite the slowdown, domestic demand remained a key driver of growth, contributing 3.6 percentage points to GDP, lifted by gains in both household consumption (3.8%) and government spending (8.5%). Moreover, investment activity strengthened as gross fixed capital formation increased by 3.6% in Q1.
2026-05-28
Malta Q4 GDP Growth at Over 1-Year High
Malta’s economy expanded by 6.4% year-on-year in the fourth quarter of 2025, accelerating from an upwardly revised 3.8% growth in the previous quarter. This marked the strongest pace of expansion since Q2 2024, primarily driven by domestic demand, which contributed 3.2 percentage points to GDP, supported by increases in both household consumption (3.1%) and government spending (6.3%). External demand also supported economic growth, with exports of goods and services rising by 6.1%, outpacing a 3.9% increase in imports. Moreover, gross fixed capital formation increased by 0.7%.
2026-02-26
Malta’s Q3 2025 GDP Grows 3%
Malta’s economy expanded 3.0% year-over-year in the third quarter of 2025, following 2.8% growth in Q2 and remaining near its slowest pace in over two years. Household consumption rose 3.2% (up from 3.1% in Q2), driven by spending on restaurants and accommodation, transport, and information and communication services. Net trade contributed 1.5 percentage points to GDP, as exports increased 3.9% while imports grew more slowly at 3.1%. Inventories and valuables added an additional 0.4 percentage points. In contrast, fixed capital formation fell 1.4% (versus a 1.5% rise in Q2), weighed down by reductions in machinery and equipment as well as other buildings and structures. Government spending also slowed sharply, rising just 0.8% compared with 8.0% in the previous quarter.
2025-11-27