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Malta Business Report
General information
Source: The World Factbook - Central Intelligence Agency
Population
449,043 (July 2018 est.)GDP (PPP)
$19.3 billion (2017 est.)The smallest economy in the euro-zone
GDP growth rate
6.7% (2017 est.)Strong and stable. One of the fastest-growing economies of the European Union
GDP (PPP) per capita
$41,900 (2017 est.)High
Local currency
Euro (EUR)The second most importat currency in the world after the USD
Financial stability (Public debt)
50.7% (2017 est.)1.3% (2017 est.)
Inflation
Low and decreasingLow
Language
Maltese and EnglishBoth the languages are official and spoken
Corruption perception index (Source: Transparency International)
50/180Medium to high level of corruption
Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT
18% standard VAT rateReduced rates: 7% (accommodation and on entrance to sporting facilities), 5% (some health products, electricity, work of art, confectionery items and some other products)
Corporate Tax
35% standard corporate tax rateDuties
EU customs duties apply to the import of goods from outside the EUWhether you are looking for a European importer or you are just interested in Europe business, Globartis is the right platform for you!
We have a strong position in Europe B2B and Europe trade, especially European Union trade.
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Join our network today and find the right partner for your Malta business.
Connect with a Maltese manufacturer or Malta importer, or source among Malta export to find the right product.
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