Markets Actual Q3 Q4 Q1 Q2 2023
Currency 1.04 1.03 1.02 1.01 1.01 0.99
Stock Market (points) 3705.18 3517 3450 3384 3384 3257

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Growth Rate (%) 2.30 0.9 0.8 0.8 0.8 0.8
GDP Annual Growth Rate (%) 7.60 6.5 6 5.8 5.8 5.3
Unemployment Rate (%) 3.20 3.7 3.7 3.7 3.7 3.5
Inflation Rate (%) 5.80 5 4 3.6 3.2 3
Inflation Rate Mom (%) 1.70 0.8 0.5 0.5 0.3 0.4
Interest Rate (%) 0.00 0.75 1.25 1.5 1.75 1.75
Balance of Trade (EUR Thousand) -375500.00 -131300 -131300 -131300 -131300 -131300
Current Account to GDP (% of GDP) -4.00 1.3 1.3 1.3 1.3 1.7
Government Debt to GDP (% of GDP) 57.00 55 58 58 58 58
Government Budget (% of GDP) -8.00 -5.8 -5.8 -4.8 -4.8 -4.8
Business Confidence (points) 102.60 112 92 92 92 92
Consumer Confidence (points) -6.10 12 11 11 11 9
Retail Sales MoM (%) 1.30 0.1 0.1 0.1 0.1 0.1
Corporate Tax Rate (%) 35.00 35 35 35 35 35
Personal Income Tax Rate (%) 35.00 35 35 35 35 35

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Growth Rate (%) 2.30 0.9 0.8 0.8 0.8 0.8
GDP Annual Growth Rate (%) 7.60 6.5 6 5.8 5.8 5.3
GDP (USD Billion) 14.65 14.5 15.1 15.1 15.1 15.1
GDP Constant Prices (EUR THO) 3304311.00 3311451 3618565 3595258 3495961 3785807
Gross National Product (EUR THO) 3492772.91 3372662 3678357 3811364 3695354 4013367
Gross Fixed Capital Formation (EUR THO) 660158.00 839154 842285 823126 698447 866752
GDP per capita (USD) 24531.96 28500 29000 29000 29000 29000
GDP per capita PPP (USD) 39222.14 43200 43500 43500 43500 43500

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 3.20 3.7 3.7 3.7 3.7 3.5
Wages (EUR/Year) 1706.17 19400 19400 19400 19400 19400
Minimum Wages (EUR/Month) 792.26 795 795 795 795 805
Population (Million) 0.51 0.54 0.56 0.56 0.56 0.56
Retirement Age Women 63.00 63 63 63 63 63
Retirement Age Men 63.00 63 63 63 63 63

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 5.80 5 4 3.6 3.2 3
Inflation Rate Mom (%) 1.70 0.8 0.5 0.5 0.3 0.4
Consumer Price Index CPI (points) 110.30 111 111 111 112 114
Harmonised Consumer Prices (points) 112.52 109 109 109 109 109
Producer Prices (points) 116.20 114 115 116 117 115
Food Inflation (%) 10.40 7 6 4.3 3.5 3
Producer Prices Change (%) 5.30 0.8 -0.2 -0.2 -0.2 -0.7

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 0.00 0.75 1.25 1.5 1.75 1.75

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (EUR Thousand) -375500.00 -131300 -131300 -131300 -131300 -131300
Current Account to GDP (% of GDP) -4.00 1.3 1.3 1.3 1.3 1.7
Imports (EUR Thousand) 656900.00 501400 501400 501400 501400 501400
Exports (EUR Thousand) 281400.00 370100 370100 370100 370100 370100

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 57.00 55 58 58 58 58
Government Budget (% of GDP) -8.00 -5.8 -5.8 -4.8 -4.8 -4.8
Government Budget Value (EUR THO) -57105.00 -2093 -2093 -2093 -2093 -2093
Government Spending (EUR THO) 650271.00 665440 691179 757586 687987 797738
Government Spending to GDP (% of GDP) 46.60 41.8 40.2 40.2 40.2 40.2

Taxes Actual Q3 Q4 Q1 Q2 2023
Corporate Tax Rate (%) 35.00 35 35 35 35 35
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
Sales Tax Rate (%) 18.00 18 18 18 18 18
Social Security Rate (%) 20.00 20 20 20 20 20
Social Security Rate For Companies (%) 10.00 10 10 10 10 10
Social Security Rate For Employees (%) 10.00 10 10 10 10 10

Business Actual Q3 Q4 Q1 Q2 2023
Business Confidence (points) 102.60 112 92 92 92 92
Industrial Production (%) -8.60 0.4 2 2 2 2

Consumer Actual Q3 Q4 Q1 Q2 2023
Consumer Confidence (points) -6.10 12 11 11 11 9
Retail Sales MoM (%) 1.30 0.1 0.1 0.1 0.1 0.1
Retail Sales YoY (%) 17.50 1.9 0.8 0.8 0.8 1.5
Consumer Spending (EUR THO) 1459824.00 1484948 1647810 1634357 1544494 1720978
Bank Lending Rate (%) 3.64 3.64 4.39 4.89 5.14 5.14
Consumer Credit (EUR Million) 7066.20 7126 7301 7418 7476 7811
Gasoline Prices (USD/Liter) 1.41 1.5 1.56 1.61 1.61 1.61


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Malta Forecast - was last updated on Saturday, July 2, 2022.