Malta GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

2.7

Units In

Frequency

Quarterly

Next Release

Nov 28, 2025

Time to Release

2 Months 29 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
14.9 Jun 2021	-15 Jun 2020	3.81 %	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 expanded by 2.7% year-on-year in the second quarter of 2025, slowing from 3.0% growth in the previous quarter. This marked the weakest pace of expansion since the economic contraction in the fourth quarter of 2020, primarily driven by sharp decelerations in both household consumption (2.2% vs 5.1%) and government spending (2.2% vs 9.8%). On the other hand, gross capital formation accelerated notably, increasing by 3.5% vs 0.8% in the previous quarter. In terms of external trade, imports of goods and services surged by 7.8% vs 3.4%, while exports also gained momentum, rising by 7.1% vs 3.2%.