Current Account in Malta

Malta Current Account | Economic News & Forecasts

Malta - Current Account

The economy likely recorded another quarter of healthy growth in the third quarter, following a buoyant second quarter which saw private consumption surge on the back of moderate inflation and a tight labor market. In both July and August unemployment continued to hover around multi-year lows. This, coupled with soaring tourist inflows, suggests consumer spending remained in the driver’s seat in Q3. In less positive news, the fiscal budget swung to deficit from surplus in annual terms in the January–August period, due to expenditure growth outpacing revenue growth. On 22 October, the government presented the 2019 budget, which targets a fiscal surplus for next year and outlined rising infrastructure spending and pensions hikes, in a bid to support growth.

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

ValueChangeDate
Bond Yield1.553.09 %Nov 15
Exchange Rate1.130.65 %Nov 15
Stock Market4,4820.36 %Nov 15

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