Malta Insights

Malta: Retail registers one of the highest annual increases in the EU

Total retail trade grew by 22 per cent between May 2020 and May 2021, well above the 9.0 per cent average registered in the EU. Data by Eurostat shows that…

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Malta: Public debt soars in first quarter

Total government debt grew to €7,478.2 million between January and March, up from €6,958.5 million in the preceding quarter. Figures by the National Statistics Office show an increase of €1.544.8…

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Malta: Youth unemployment drops below two thousand

Youth unemployment stood at 1,944 in May, the first time it fell below 2,000 in a year. Figures by the National Statistics Office show a month-on-month decrease of 0.7 percentage…

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Malta: Industrial prices up by a tenth in four years

The industrial producer price index rose to its highest point in May 2021, an increase of 9.92 per cent from the same month in 2017. Figures by the National Statistics…

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Malta: Energy from photovoltaics up by a fifth in 2020

Production of energy from photovoltaic installations amounted to just under 185,000 kWp in 2020, an increase of 19.6 per cent from the previous year. Data by the National Statistics Office…

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Malta: Industrial production eclipses EU average in April

Industrial production rose by 5.6 per cent between March and April, the second-highest rate among EU members. Figures by Eurostat show that the increase outpaced the EU average of 0.5…

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Malta: Production grows across the board for the first time in a year

Industrial Production increased by 5.3 per cent in April compared to the previous month, registering growth across all major groupings for the first month in twelve months. The Index of…

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Malta: Property transactions decrease in May but total value increases

Final deeds of property sales in May surpassed a total value of €300 million for the first time since October 2018. Figures by the National Statistics Office show transactions adding…

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Malta: Women score lower unemployment rate than men

The rate of unemployment among women stood at 3.7 per cent in April, the first time it fell lower than the male unemployment rate in twelve months. Unemployment among men…

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Malta: Total value of residential property sales nears €230 million in April

Final deeds of sale for residential properties reached a combined value of €228.4 million in April, almost level with the same month in 2019. Last year, total transactions amounted to…

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Malta: Asia represents a fifth of trade in goods

Exports to Asian countries accounted for 18.8 per cent of the total trade goods in the first quarter of 2021, with a combined value of €142.2 million. Imports from Asia…

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Malta: Imports from UK fall by 45% since Brexit

Total imports from Britain stood at €75.3 million in the first three months since the UK’s withdrawal from the EU came into full effect on January 1, 2021. In the…

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Malta: Passengers between the islands decrease by a third

The number of passengers crossing between Malta and Gozo in the first quarter this year decreased by 31.5 percent compared with the same period in 2020. Figures by the National…

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Malta: Nine students for every teacher in schools

The overall ratio between teachers and the student population stood at 9.2 in the academic year 2018-2019. Data by the National Statistics Office shows that the ratio was lowest in…

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Malta: Retail sector registers sharpest drop in the EU

The volume of retail trade fell for a second consecutive month in February, decreasing by 1.5 percent from January. Data by Eurostat shows that the drop in Malta was the…

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Malta: Fewer tourists but longer stays in February

Inbound tourism in February dropped nearly 94 percent compared with the same month last year, with a total of 9,151 visitors. Figures by the National Statistics Office, however, show that…

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Malta: January accounted for a fifth of language students in 2020

The number of students enrolled in English as a Foreign Language courses last year was just under 14,500, a drop of more than two-thirds from 83,610 registered in 2019. Data…

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Malta: House prices up by 2.5 percent in last quarter of 2020

House prices in Malta rose by 2.5 percent from the third to the fourth quarter 2020, almost double the average increase registered in the EU. The House Price Index released…

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Malta: Social Security bill rose by €80 million in 2020

Expenditure on Social Security Benefits totalled €1.076.9 million in 2020, an increase of 7.9 percent from the previous year. Figures by the National Statistics Office showed a consistent rise year-on-year…

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Malta: Public expenditure grew by almost a fifth in 2020

Total government expenditure rose to €5.82 billion in 2020 from €4.96 billion the previous year. Figures by the National Statistics Office show that Capital Expenditure increased by 86 percent year-on-year…

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Malta: Three-fourths of current jobseekers registered within the last year

Registered unemployment stood at 2,585 in February, with 76.8 percent of jobseekers only added to the register during the previous twelve months. Data by JobsPlus and released by the National…

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Malta: All producer groupings register price increase from last year

The Industrial Producer Price Index stood at 108.90 in February, a decrease of 0.74 percent from January but up by 0.51 compared to February 2020. Figures by the National Statistics…

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Malta: Youth employment rate drops by five points in a year

The rate of employment among the 15-24 age bracket stood at 47.3 in the last quester of 2020, a decrease of 5.4 percentage points in the same period a year…

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Malta: Three in ten inactive women choose personal life

Just under 32 percent of inactive women in the final quarter of last year said they were not working or looking for a job because of personal or family responsibilities.…

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Malta: Tourist numbers in January a tenth of last year

Total inbound tourism in January was estimated at around 13,800, a decrease on 90.8 percent compared with the same month last year. Data by the National Statistics Office show a…

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Malta: Six in ten tertiary graduates are women

Women made 57 percent of total tertiary education graduates in 2019, up from 55 percent in 2017. Data published on the International Day of Women by the National Statistics Office…

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Malta: Consumer goods lift industrial production in January

The Index of Industrial Production decreased by 6.0 percent in January 2021, compared with the same month last year. Figures by the National Statistics Office show an 8.0 percent increase…

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Malta: Retail trade down after five months of ascent

The volume of retail trade dropped by 1.6 percent in January, the first month-on-month decrease in six months. Data by Eurostat shows that total retail trade fell by 5.1 percent…

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Malta: Unemployment rate below EU average

Malta registered the fourth-lowest unemployment rate in the EU in January 2021.Figures by Eurostat show that the total unemployment rate in Malta stood at 4.4 percent in the first month…

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Malta: GDP dives by €770 million in 2020

Gross Domestic Product for last year amounted to €12.8 billion, a decrease from €13.6 billion in 2019 but still higher than 2018 (12.6 billion). Figures by the National Statistics Office…

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Malta: Services turnover registered highest quarterly increase in December 2020

Turnover in services fell by 15.9 percent in the final quarter of 2020 compared to the same period the previous year. Accommodation and food service activities registered the highest drop,…

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Malta: Half a million fewer trips abroad in 2020

Total outbound tourism between January and December 2020 amounted to 196,506, a decrease of 510,290 from the previous year, equivalent to 72.2 percent. Figures by the National Statistics Office show…

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Malta: FDI registers growth in first half of 2020

Foreign Direct Investment increased by €72.4 million in the first half of 2020, compared with the same period the previous year. Figures by the National Statistics Office show a total…

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Malta: Private cars make three-fourths of all vehicles

The number of registered cars reached a record of 400,586 in the third quarter 2020. Figures by the National Statistics Office show a rise of more than 5,000 vehicles from…

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Malta: Industrial production increases across all groupings for the first time in a year

The Industrial Production Index in December registered an increase across all main groupings for the first time in 2020. Figures by the National Statistics Office show an increase in total…

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Malta: Unemployment in December dips below annual average

Registered unemployment stood at 2,765 in December, up from 1,642 in the same month the year before but lower than 2,898 in November 2020. Figures by the National Statistics Office…

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Malta: Rise in both gainfully occupied and registered unemployed

The number of total gainfully occupied persons rose by 4.6 percent from September 2019 to September 2020, reaching 231,579. The latest figures by the Nationals Statistics Office show that Labour…

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Malta: Tourism plummets by three-fourths in 2020

Total inbound tourism reached 658,567 between January and December 2020, a 76.1 percent decline from the preceding twelve months. Figures by the National Statistics Office show a total of 5.2…

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Malta: Male students make majority in obligatory education

The number of students in mandatory education in the 2018-2019 academic year stood at 47,852, registering an increase in both primary and secondary levels. Figures by the Nationals Statistics Office…

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Malta: Public expenditure rises by 30 percent in five years

The General Government expenditure between in the years between 2015 and 2019 increased by 30 percent to reach €4.99 billion. Figures by the National Statistics Office show that Social Protection…

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Malta: Unemployment rate stable for third month in a row

The rate of unemployment in December 2020 remained at 4.5 percent for the third consecutive month, 0.9 percentage points above the rate registered in the same month the previous year.…

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Malta: E-commerce generates €2.1 billion in 2020

Turnover from e-commerce sales rose by 6.4 percent in 2020 compared with the previous year, reaching a total €2.1 billion. Figures by the Nationals Statistics Office show that eight in…

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Malta: Current account balance registers €100M deficit in Q3

The current account of the balance of payments in the third quarter 2020 recorded a deficit of €100 million, down from a €300 million surplus registered in the same period…

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Malta: Trade deficit slims down to €38M in November

The balance of imports and exports registered a deficit of €2.0 billion between January and November 2020, a decrease of €1.578 billion compared with the same period the year before.…

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Malta: Unemployment rate peaks in November

The rate of unemployment in November rose by 0.1 percentage points from the previous month, reaching 4.8 percent – the highest level recorded in 2020. Seasonally adjusted figures by the…

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Malta: Labour supply surpassed 235,000 by mid-2020

Labour supply stood at 235,309 in May 2020, up by 7.9 percent compared to the same month the previous year. Data by the National Statistics Office shows that registered full-time…

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Malta registers highest producer price increase in EU

Industrial producer prices in Malta rose by 1.8 percent year-on-year in November 2020, bucking the trend across the European Union. Figures by Eurostat shows that Hungary and Slovenia were the…

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Malta: Total employment at a stable 59 percent rate

The rate of employment among people aged 15 and over stood at 59.4 percent between July and September, up by 0.2 percent from the previous quarter. The rate was 59.3…

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Malta: Trade balance at its narrowest this year

Balance of trade registered a deficit of €84.2 million in October, narrowing the gap from the same month in 2019 when the trade deficit stood at €311.1 million. Provisional data…

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Malta: More domestic violence cases reported since 2016

The number of persons using domestic violence services increased by 26 percent between 2016 and 2018. Figures by the National Statistics Office show that there were a total 2,285 service…

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Malta: Almost 700 kilograms of waste per capita in 2019

Municipal waste generation per capita rose to around 680 kilograms in 2019, up from 650 kilograms a year earlier. Figures by the National Statistics Office show a total increase of…

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Malta: Sharpest drop in monthly inflation rate in the eurozone

Malta registered the lowest monthly inflation rate in the euro area, according to a new flash estimate by Eurostat. The rate of inflation from October to November dipped by an…

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Malta: Youth unemployment rate reaches 10% in October

The rate of unemployment in October stood at 3.9 percent, the same as that in the previous month. According to figures by the National Statistics Office, the rate decreased to…

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Malta: Services sector weighs GDP down in Q3

The Gross Domestic Product for the third quarter stood at €3.2 billion, a decrease of 8.8 percent from the same period last year. Provisional estimates by the National Statistics Office…

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Malta: Public spending jumps by €394M in H1 2020

The Government total expenditure rose to €2.7 billion in the first half of 2020, an increase of 16.9 percent compared with the same period last year. Figures by the National…

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Malta: Inflation rises from record low in September

The Retail Price Index in October registered the second-lowest annual inflation rate since January 2018, but it was an increase from the previous month. According to figures by the National…

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Malta: Hotel nights down by two-thirds from last year

Hotels saw a dip of 55.5 percent in guests in the third quarter this year compared with the same period in 2019. Figures by the National Statistics Office show a…

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