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Malta
Chambre de Commerce - Fiche d'information pays Dernière mise à jour: 21.06.2018

Vos conseillers à la Chambre de Commerce

  • Edith Stein
    +352423939482
  • Anne-Catherine Fohl
    +352423939372
Contactez-nous: europe@cc.lu

Indicateurs clés

Région
316 km2
Population
416,338 (July 2017 est.)
Type de gouvernement
republic
Langues
Maltese (official) 90.1%, English (official) 6%, multilingual 3%, other 0.9% (2005 est.)
PIB
$18.53 billion (2017 est.)
Taux de croissance
5.1% (2017 est.)
IHD
33
Capitale
Valletta

 

Introduction

With a civilization that dates back thousands of years, Malta boasts some of the oldest megalithic sites in the world. Situated in the center of the Mediterranean, Malta’s islands have long served as a strategic military asset, with the islands at various times having come under control of the Phoenicians, Carthaginians, Greeks, Romans,

Source: The CIA World Factbook - Malta

 

Indicateurs macroéconomiques

Malta’s free market economy – the smallest economy in the euro-zone – relies heavily on trade in both goods and services, principally with Europe. Malta produces less than a quarter of its food needs, has limited fresh water supplies, and has few domestic energy sources. Malta's economy is dependent on foreign trade, manufacturing, and tourism. Malta joined the EU in 2004 and adopted the euro on 1 January 2008.

Malta has weathered the euro-zone crisis better than most EU member states due to a low debt-to-GDP ratio and financially sound banking sector. It maintains one of the lowest unemployment rates in Europe, and growth has fully recovered since the 2009 recession. In 2014 through 2016, Malta led the euro zone in growth, expanding more than 4.5% per year.

Malta’s services sector continues to grow, with sustained growth in the financial services and online gaming sectors. Advantageous tax schemes remained attractive to foreign investors, though EU discussions of anti-tax avoidance measures have raised concerns among Malta’s financial services and insurance providers, as the measures could have a significant impact on those sectors. The tourism sector also continued to grow, with 2016 showing record-breaking numbers of both air and cruise passenger arrivals.

Malta’s GDP growth remains strong and is supported by a strong labor market. The government has implemented new programs, including free childcare, to encourage increased labor participation. The high cost of borrowing and small labor market remain potential constraints to future economic growth. Increasingly, other EU and European migrants are relocating to Malta for employment, though wages have remained low compared to other European countries. Inflation remains low.

Source: The CIA World Factbook - Economic overview Malta

IMF Statistics:

Subject descriptor20142015201620172018
Gross domestic product, constant prices
Percent change
3.4616.1554.0803.3643.083
Gross domestic product, current prices
U.S. dollars (Billions)
10.7549.75210.46311.15111.798
Gross domestic product per capita, current prices
U.S. dollars (Units)
25,281.09822,713.19524,297.67025,816.11727,232.999
Inflation, average consumer prices
Percent change
0.7711.1761.2121.4791.649
Volume of imports of goods and services
Percent change
-0.3905.5722.5502.3002.345
Volume of exports of goods and services
Percent change
-0.2392.0502.0002.0002.240
Unemployment rate
Percent of total labor force
5.8005.4004.8004.9004.900
Current account balance
U.S. dollars (Billions)
0.3650.9620.6530.6500.658
Current account balance
Percent of GDP
3.3949.8606.2385.8255.576
Colored cells are estimates

Source: IMF Statistics - Malta

 

Le Luxembourg et le pays

Existing conventions and agreements

Non double taxation agreement

In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

  • Convention from 29.04.1994 (Memorial 1995, A No.96, p.2231)
  • Effective as of 01.01.1996 (Memorial 1995, A No.96, p.2231)
  • Amendment of the Convention form 30.11.2011 (Memorial 2013, A No.114, p.1708)
  • Effective as of 01.01.2014 (Memorial 2013, A No.114, p.1708)

Air Services agreement

  • Agreement from 17.6.1991 (Memorial 1995, A, p. 1592)
  • Effective as of 03.11.1995 (Memorial 1995, A, p. 2262)

Source: Administration des contributions directes

 

Plus d'informations

Foreign Trade

The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.

You can see the statistics on the website of the Statec.

Contact points in Malta

Embassy of the Grand Duchy of Luxembourg in Malta

Ambassador with residence in Rome: Mr Paul DÜHR

90, Via di Sante Croce in Gerusalemme
I-00185 ROME
Tel: (+39) 06 77 20 11 77/78
Fax: (+39) 06 77 20 10 55
Email: rome.amb(at)mae.etat.lu 

Honorary Consul

Mr David TONNA
Palazzo Pietro Sitges, 90, Strait Street
Valletta VLT 1436, Malta
Tel: (+356) 21 23 22 71
Fax: (+356) 21 24 42 91
Email: david.tonna(at)mamotcv.com  

Source: Ministry of Foreign Affairs of Luxembourg

Economic and Commercial Attaché (FIT) in charge of Italy and Malta:

Mrs Sophie MASSAGE
Academia Belgica
Via Omero, 8
00197 Roma
Tel: (+39)-06-36.00.06.99
E-mail: rome(at)fitagency.com

Source: AWEX

Country risk as defined by Office du Ducroire for Malta

Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.

Link: Ducroire Office - Country Risk For Malta

Other useful links

 

La Chambre de Commerce et le pays

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