Malta’s economy expanded by 2.7% year-on-year in the second quarter of 2025, slowing from 3.0% growth in the previous quarter. This marked the weakest pace of expansion since the economic contraction in the fourth quarter of 2020, primarily driven by sharp decelerations in both household consumption (2.2% vs 5.1%) and government spending (2.2% vs 9.8%). On the other hand, gross capital formation accelerated notably, increasing by 3.5% vs 0.8% in the previous quarter. In terms of external trade, imports of goods and services surged by 7.8% vs 3.4%, while exports also gained momentum, rising by 7.1% vs 3.2%. source: National Statistics Office, Malta

The Gross Domestic Product (GDP) in Malta expanded 2.70 percent in the second quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Malta averaged 4.55 percent from 2001 until 2025, reaching an all time high of 18.80 percent in the third quarter of 2021 and a record low of -9.10 percent in the second quarter of 2020. This page provides - Malta GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malta GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.

The Gross Domestic Product (GDP) in Malta expanded 2.70 percent in the second quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Malta is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malta GDP Annual Growth Rate is projected to trend around 3.00 percent in 2026 and 3.20 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-05-29 09:00 AM
GDP Growth Rate YoY
Q1 3.0% 3.1% 3%
2025-08-28 09:00 AM
GDP Growth Rate YoY
Q2 2.7% 3.0% 3.4%
2025-11-28 10:00 AM
GDP Growth Rate YoY
Q3 2.7% 4.1%


Related Last Previous Unit Reference
Full Year GDP Growth 6.00 6.80 percent Dec 2024
GDP Growth Rate YoY 2.70 3.00 percent Jun 2025
GDP Constant Prices 4717605.61 4800255.49 EUR Thousand Mar 2025
Gross Fixed Capital Formation 906806.00 833002.00 EUR Thousand Jun 2025
Gross National Product 4719642.00 4796908.00 EUR Thousand Mar 2025

Malta GDP Annual Growth Rate
Malta's economy is dependent on foreign trade (serving as a freight trans-shipment point), manufacturing of electronics and textiles, tourism and financial services as it offers low-cost environment and an advantageous tax regime. On the expenditure side, household consumption is the main component of GDP and accounts for 55 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (19 percent). Exports of goods and services account for 149 percent while imports account for 143 percent, adding 6 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
2.70 3.00 18.80 -9.10 2001 - 2025 percent Quarterly
NSA

News Stream
Malta Q2 GDP Growth Weakest Since 2020
Malta’s economy expanded by 2.7% year-on-year in the second quarter of 2025, slowing from 3.0% growth in the previous quarter. This marked the weakest pace of expansion since the economic contraction in the fourth quarter of 2020, primarily driven by sharp decelerations in both household consumption (2.2% vs 5.1%) and government spending (2.2% vs 9.8%). On the other hand, gross capital formation accelerated notably, increasing by 3.5% vs 0.8% in the previous quarter. In terms of external trade, imports of goods and services surged by 7.8% vs 3.4%, while exports also gained momentum, rising by 7.1% vs 3.2%.
2025-08-28
Malta Q1 GDP Lowest Since 2022
Malta’s economy grew by 3% year-on-year in the first quarter of 2025, slowing from an upwardly revised 3.1% increase in the previous three-month period. This marked the weakest economic growth since the third quarter of 2022, as both household consumption (0.8% vs. 2.5% in Q4) and government spending (0.6% vs. 2.2%) eased. Conversely, gross fixed capital formation (1.1% vs. -0.8%) rebounded. On the external front, both exports (3.3% vs. 4.1%) and imports (2.8% vs. 4.9%) grew at a slower pace.
2025-05-29
Malta Q4 GDP Lowest Since 2021
Malta's economy grew by 2.8% year-on-year in the fourth quarter of 2024, slowing from a 4.9% gain in the previous three-month period. This marked the weakest expansion since Q1 of 2021, as household consumption (2% vs 2.1%) edged lower. In addition, gross fixed capital formation (-1.9% vs 1.3%) slipped. Meanwhile, government spending (2.2% vs 1.4%) increased at a faster pace. On net external demand, exports remained unchanged (4.8%) while imports ticked lower (4.4% vs 4.7%).
2025-02-27