Malta Gross Minimum Monthly Wage  Forecast


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Minimum Wages in Malta is expected to be 735.63 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Malta to stand at 738.67 in 12 months time. In the long-term, the Malta Gross Minimum Monthly Wage is projected to trend around 1535.00 EUR/Month in 2020, according to our econometric models.


Malta Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4.1 4 4 4.1 4 4.5
Employed Persons 187977 187533 187453 187372 187291 186573
Unemployed Persons 2472 2634 2745 2853 2959 3784
Long Term Unemployment Rate 1.7 2.08 2.15 2.2 2.24 2.49
Youth Unemployment Rate 11.9 11.89 12.28 12.54 12.75 13.58
Labour Costs 112 107 116 112 103 107
Wages 18064 18072 18063 18051 18039 17929
Minimum Wages 736 736 1135 1135 739 1535
Population 0.44 0.44 0.44 0.44 0.44 0.45
Retirement Age Women 62 62 61.5 61.25 61 60
Retirement Age Men 62 62 62 62 62 61
Part Time Employment 26.4 26.07 25.73 25.77 25.84 25.6
Productivity 110 118 107 110 121 118
Labor Force Participation Rate 55.7 55.02 54.85 54.86 54.96 54.82
Full Time Employment 167 164 164 164 163 163
Employment Change 1 1.09 1 1.09 0.97 0.78
Employment Rate 67 66.59 66.49 66.55 66.55 66.35