Current Account in Malta

Malta Current Account | Economic News & Forecasts

Malta - Current Account

The economy likely remained on a solid footing in the fourth quarter of 2018. This followed an outstanding performance in the third quarter, with soaring consumer spending fueled by an extremely tight labor market and surging inflows of tourists. The growth drivers in Q4 also likely remained unchanged: In October-November, tourists continued to pour into the Mediterranean island in greater numbers than in the same months of 2017, although the pace of increase moderated from Q3, while labor market conditions remained extremely tight. Following an Article IV mission, in mid-January the IMF applauded the government’s responsible fiscal policy and successful labor strategy, although it also warned against existing infrastructure gaps and emerging labor shortages.

Malta - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)2.0  3.1  3.7  6.4  11.6  

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Malta Current Account Chart

Malta Current Account
Note: Current account balance as % of GDP.
Source: Central Bank of Malta and Met the why particular calculations

Malta Facts

Bond Yield1.123.09 %Feb 14
Exchange Rate1.130.65 %Feb 14
Stock Market4,4910.36 %Feb 14

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