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Agriculture > products
potatoes, cauliflower, grapes, wheat, barley, tomatoes, citrus, cut flowers, green peppers; pork, milk, poultry, eggs |
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Aid as % of GDP
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0.6% |
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[103rd of 129]
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Debt > External
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$188,800,000.00 |
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[128th of 136]
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Distribution of family income > Gini index
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28 |
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[33rd of 43]
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Economic freedom
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2.3 |
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[54th of 156]
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Economy > Overview
Major resources are limestone, a favorable geographic location, and a productive labor force. Malta produces only about 20% of its food needs, has limited fresh water supplies, and has few domestic energy sources. The economy is dependent on foreign trade, manufacturing (especially electronics and pharmaceuticals), and tourism. Economic recovery of the European economy has lifted exports, tourism, and overall growth. Malta adopted the euro on 1 January 2008. |
Exchange rates
Maltese liri per US dollar - 0.3444 (2004), 0.3773 (2003), 0.4337 (2002), 0.4501 (2001), 0.4382 (2000) |
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Exports
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$3,238,000,000.00 |
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[114th of 189]
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Exports to US
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$82,800,000.00 |
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[91st of 224]
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GDP
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$5,569,653,000.00 |
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[124th of 203]
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GDP (purchasing power parity)
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$9,400,000,000.00 |
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[145th of 187]
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GDP > PPP
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$7,601,000,000.00 |
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[131st of 163]
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GDP > Real growth rate
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3.8% |
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[126th of 198]
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GDP growth > annual %
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2.49 annual %
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[136th of 187]
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Gross National Income
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$3,636,930,000.00 |
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[112nd of 172]
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Gross national income > constant LCU
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412112700 |
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Human Development Index
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0.867 |
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[32nd of 178]
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Inflation rate (consumer prices)
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1.3% |
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[169th of 192]
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Research and development spending
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0% |
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[70th of 69]
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Tourist arrivals
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1,111,000 |
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[49th of 152]
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... View all Economy stats
SOURCES: CIA World Factbook, 28 July 2005; calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; All CIA World Factbooks 18 December 2003 to 18 December 2008; The Heritage Foundation; US Census Bureau; World Development Indicators database and CIA World Factbook; World Bank. 2005. World Development Indicators 2005.; World Development Indicators database; ; Human Development Report 2006, United Nations Development Programme; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; aggregates calculated for the Human Development Report Office by the World Bank; United Nations World Statistics Pocketbook and Statistical Yearbook
ALTERNATIVE NAMES:
Malta, Republic of Malta, Repubblika ta' Malta
Related links:
More facts and figures on Malta
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