Economic growth is projected to moderate but to remain vigorous over the forecast horizon. Malta’s economy is among the fastest growing economies in the EU, with record-low unemployment and moderate wage growth. The current account and the budget balances are set to remain in surplus.

Indicators 2016 2017 2018 2019
GDP growth (%, yoy) 5,5 6,6 5,8 5,1
Inflation (%, yoy) 0,9 1,3 1,6 1,8
Unemployment (%) 4,7 4,0 4,0 4,0
Public budget balance (% of GDP) 1,0 3,9 1,1 1,3
Gross public debt (% of GDP) 56,2 50,8 47,1 43,4
Current account balance (% of GDP) 7,0 12,6 11,5 11,3

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