Economic Growth in Malta
The Maltese economy recorded average real GDP growth of 6.3% in the decade to 2022, significantly above the 1.4% average for the Euro Area. In 2022, real GDP growth was 6.9%. For more GDP information, visit our dedicated page.
Malta GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for Malta from 2014 to 2023.
Source: Macrobond.
Malta GDP Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Economic Growth (GDP, ann. var. %) | 4.1 | -3.5 | 13.5 | 4.1 | 7.5 |
| GDP (EUR bn) | 14.6 | 14.3 | 16.7 | 18.2 | 20.7 |
| Economic Growth (Nominal GDP, ann. var. %) | 6.7 | -1.7 | 16.2 | 9.4 | 13.2 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Maltese GDP projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Maltese GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Maltese GDP projections.
Want to get access to the full dataset of Maltese GDP forecasts? Send an email to info@focus-economics.com.