As
per International Monetary Fund (IMF) Malta’s nominal gross domestic product is
expected to grow at a CAGR of 5.56% from it’s 2015 level of Euro 9.276 billion
and reach Euro 13.549 billion by 2022.
Malta
is the smallest member of the European Union (EU) and has one of the fastest
growing finance sectors in the world. Malta enjoys the lowest tax rate in the
EU, excellent regulation and a highly skilled but affordable workforce. English
is the first language and Italian is widely spoken.
Malta
had estimated population of 0.434 million in the year 2016 and expected to
reach 0.441 million by 2022. Malta's around 0.19 million was employed in 2016
and the unemployment rate was 4.842% of total labor force.
Malta's
real gross domestic product (GDP) was around Euro 8.768 billions in 2016
whereas the nominal GDP was Euro 9.898 billions. This resulted in GDP deflator
112.891. Per capita GDP was estimated at USD 25214.34 whereas purchasing power
parity (PPP) based per capita GDP was estimated to be at USD 39833.84.
The
output gap for Malta in 2016 was 0.91% of the potential GDP which indicates
that economy of Malta was outperforming by managing actual output higher than
it's maximum potential.
In
2016, Malta government's revenue was Euro 3.768 billions whereas the
expenditure was Euro 3.832 billions. This resulted Malta government's net lending
/ borrowing negative at Euro 0.064 billion in 2016 indicating that enough
financial resources were not made available by the government to boost economic
growth.
The
current account balance for Malta was estimated to be at USD 0.634 billions for
the year 2016 and is expected to grow at a CAGR of 3.96% and reach USD 0.706 by
2022. This positive current account balance indicates the Malta is net lender
to the whole world.
Scope of the Malta PESTEL Analysis, SWOT Analysis and Risk
Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Malta.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Malta.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Malta.
- These reports provide risk analysis for Malta.
For
more information and to purchase Malta
PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/malta-pestel-analysis-market-research-report
For
more information and to purchase Malta
SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/malta-swot-analysis-market-research-report
For
more information and to purchase Malta
Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/malta-risk-analysis-market-research-report
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