mt Malta 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$22.33 billion

↑ 16.23% vs 2022
GDP per Capita

$40,395.77

↑ 11.77% vs 2022
GDP Growth (Annual %)

7.50%

↑ 3.35pp vs 2022
Inflation Rate (CPI %)

5.09%

↓ 1.06pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $19.21 billion $22.33 billion +16.23%
GDP per Capita $36,142.21 $40,395.77 +11.77%
GDP Growth (Annual %) 4.15% 7.50% +3.35pp
Inflation (CPI %) 6.15% 5.09% -1.06pp
Unemployment Rate (%) 2.92% 3.11% +0.19pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$22.33 billion
GDP per Capita
$40,395.77
GDP Growth (Annual %)
7.50%
Gross National Income
$19.35 billion
Prices & Employment
Inflation (CPI %)
5.09%
Inflation (GDP Deflator %)
5.30%
Unemployment Rate (%)
3.11%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
6.38%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Malta's Gross Domestic Product (GDP) is $22.33 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Malta for 2023 is $40,395.77. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Malta for 2023 is 5.09%. This measures the annual percentage change in the cost of consumer goods and services.

Malta's annual GDP growth rate for 2023 is 7.50%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Malta for 2023 is 3.11%. This represents the percentage of the labor force that is unemployed and actively seeking employment.