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Chamber of Commerce Country Factsheet Last update: 08.08.2017

Your advisors at the Chamber of Commerce

  • Edith Stein
  • Daniel Sahr
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Key Indicators

316 km2
415,196 (July 2016 est.)
Government type
Maltese (official) 90.2%, English (official) 6%, multilingual 3%, other 0.8% (2005 census)
$16.32 billion (2016 est.)
Growth rate
5.0% (2016 est.)



Great Britain formally acquired possession of Malta in 1814. The island staunchly supported the UK through both world wars and remained in the Commonwealth when it became independent in 1964. A decade later Malta became a republic. Since about the mid-1980s, the island has transformed itself into a freight transshipment point, a financial center, and a tourist destination. Malta became an EU member in May 2004 and began using the euro as currency in 2008.

Source: The CIA World Factbook - Malta


Macroeconomic indicators

IMF Statistics:

Subject descriptor20142015201620172018
Gross domestic product, constant prices
Percent change
Gross domestic product, current prices
U.S. dollars (Billions)
Gross domestic product per capita, current prices
U.S. dollars (Units)
Inflation, average consumer prices
Percent change
Volume of imports of goods and services
Percent change
Volume of exports of goods and services
Percent change
Unemployment rate
Percent of total labor force
Current account balance
U.S. dollars (Billions)
Current account balance
Percent of GDP
Colored cells are estimates

Source: IMF Statistics - Malta


Luxembourg and the country

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 04.29.1994 (Memorial 1995, A, p. 2231)
  • Effective as of  14.2.1996 (Memorial 1996, A, p. 735 and 1308)

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


Further information

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: Paul DÜHR
Secretary of Legation: André Flammang 

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) 

Economic and Commercial Attaché (AWEX), based in Greece: Commercial Secretary: Genevieve WLAZEL 

Sekeri Odos, 3
10671 Athens

Tel: +30 210 36 10 120
Fax: +30 210 36 10 117
E-mail: athenes(at) 

Honorary Consul

Honorary Consul: 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)  

Source: Ministry of Foreign Affairs of Luxembourg

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


The Chamber of Commerce and the country

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