Economic growth is projected to remain robust, supported by strong domestic demand. Labour market gains have been the main driver for growth in recent years. Investment has stagnated after being a prominent driver for growth in the first half of the past decade. Price inflation is projected to remain moderate in historical terms, but still higher than the average in the euro area. Despite the challenging external environment and the high import-intensiveness of domestic demand, Malta’s exports continued to outpace imports and the net external position is expected to have improved over the past year. Malta's budgetary performance over the past decade has exhibited varying trends, with some expenditure overruns, but government finances do not appear to face sustainability risks in the short term.
Read a complete analysis of Malta's economy in the country report 2015 [433 KB]
2015 recommendations in brief
The Commission has made four country-specific recommendations to Malta to help it improve its economic performance. These are in the areas of: public finances; education; pensions; SMEs.