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Malta Business Report

General information
Source: The World Factbook - Central Intelligence Agency
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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 decreasing

Low

Language
Maltese and English

Both the languages are official and spoken

Corruption perception index (Source: Transparency International)
50/180

Medium to high level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT
18% standard VAT rate
Reduced 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 rate
Duties
EU customs duties apply to the import of goods from outside the EU

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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.

Join now and grow your business in Valletta, one of the best cities for European doing business in the middle of the Mediterranean Sea.