Current Account in Malta

Malta Current Account | Economic News & Forecasts

Malta - Current Account

The economy continued to expand at a solid rate in the first quarter, after decelerating in the final stretch of 2017. GDP expanded 4.4% annually in Q1, broadly matching Q4’s 4.6% increase. Growth was underpinned by a pick-up in private consumption and a sizeable rebound in government spending. Moreover, the external sector’s performance improved, as imports fell at a more pronounced pace than exports, reflecting reduced imports of capital goods. Heading into Q2, tourist inflows soared in April, while unemployment dropped further. However, in the January–April period, the budget balance recorded a deficit on surging current spending.

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 Yield1.293.09 %Jul 13
Exchange Rate1.170.65 %Jul 13
Stock Market4,3740.36 %Jul 13

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