Malta GDP Annual Growth Rate

Last Release

Mar 31, 2025

Actual

Units In

2.8

Frequency

Quarterly

Next Release

Aug 28, 2025

Time to Release

2 Months 28 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
14.9 Jun 2021	-15 Jun 2020	3.83 %	2001-2025	N/A

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.

Latest Updates

Malta’s economy grew by 3% year-on-year in the first quarter of 2025, slowing from an upwardly revised 3.1% increase in the previous three-month period. This marked the weakest economic growth since the third quarter of 2022, as both household consumption (0.8% vs. 2.5% in Q4) and government spending (0.6% vs. 2.2%) eased. Conversely, gross fixed capital formation (1.1% vs. -0.8%) rebounded. On the external front, both exports (3.3% vs. 4.1%) and imports (2.8% vs. 4.9%) grew at a slower pace.