Malta
Why Malta
Malta has a strategic value that far surpasses its size. The island has evolved into an international financial and business centre with economic stability at the heart of the EU.
Malta has an innovation-driven, service-based economy, which has grown rapidly over the years.
Malta’s economic development has been driven by a unique combination of factors, primarily Malta’s strategic location in the middle of the Mediterranean, representing a bridge between Europe and Africa and the Middle East, and its access to the European Single Market, resulting in a diverse and open economy. Other drivers include a multilingual and highly educated population resulting in a productive labour force, a low corporate tax regime which incentivises Foreign Direct Investment, and well-developed finance and ICT infrastructure.
Pro Business
Pro Business
Socio Economic Stability
Socio Economic Stability
Robust Regulatory Framework
Robust Regulatory Framework
Favourable Tax Solutions
Favourable Tax Solutions
300 Days of sunshine
300 Days of sunshine
Malta Economic Indicators
Malta’s rapid yet robust growth has resulted in the development of several strong economic sectors, including financial services and FinTech, ICT, remote gaming, real estate, high value-added industrial activities such as the aviation and bio-tech industries, and the tourism and entertainment sectors.
- Nominal GDP Growth (2019) – 6.8%
- Real GDP Growth (2019) – 4.4%
- HICP Inflation (2019 average) – 1.8%
- Unemployment rate (2019) – 3.4%
- Government balance (2019 / % GDP) – 1.4%
- Government debt (2019 / % GDP) – 42.9%
- Growth in tourism arrivals (2019) – 5.9%
- Tourist arrivals (2019) – 2.7 million