Malta

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Introduction - Malta:
Location - Malta:
People - Malta:
Government - Malta:
Economy - Malta:
Economy overview	Major resources are limestone, a favorable geographic location, and a productive labor force. Malta produces only about 20% of its food needs, has limited fresh water supplies, and has few domestic energy sources. The economy is dependent on foreign trade, manufacturing (especially electronics and pharmaceuticals), and tourism. Continued sluggishness in the European economy is holding back exports, tourism, and overall growth.

Gdp purchasing power parity	$8.411 billion (2006 est.)

Gdp official exchange rate	$5.447 billion (2006 est.)

Gdp real growth rate	2.4% (2006 est.)

Gdp per capita ppp	$21,000 (2006 est.)

Gdp composition by sector	agriculture: 3% industry: 23% services: 74% (2003 est.)

Labor force	164,000 (2006 est.)

Labor force by occupation	agriculture: 3% industry: 22% services: 75% (2005 est.)

Unemployment rate	6.8% (2005 est.)

Population below poverty line	NA%

Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA%

Inflation rate consumer prices	2.6% (2006 est.)

Investment gross fixed	25.1% of GDP (2006 est.)

Budget	revenues: $2.503 billion expenditures: $2.703 billion; including capital expenditures of $NA (2006 est.)

Agriculture products	potatoes, cauliflower, grapes, wheat, barley, tomatoes, citrus, cut flowers, green peppers; pork, milk, poultry, eggs

Industries	tourism, electronics, ship building and repair, construction, food and beverages, pharmaceuticals, footwear, clothing, tobacco

Industrial production growth rate	NA%

Electricity production	2.291 billion kWh (2004)

Electricity consumption	2.13 billion kWh (2004)

Electricity exports	0 kWh (2004)

Electricity imports	0 kWh (2004)

Oil production	0 bbl/day (2004 est.)

Oil consumption	19,000 bbl/day (2004 est.)

Oil exports	NA bbl/day

Oil imports	NA bbl/day

Oil proved reserves	0 bbl

Natural gas production	0 cu m (2004 est.)

Natural gas consumption	0 cu m (2004 est.)

Current account balance	-$966.2 million (2006 est.)

Exports	$2.425 billion f.o.b. (2006 est.)

Exports commodities	machinery and transport equipment, manufactures

Exports partners	France 15.3%, Singapore 13.2%, US 13%, Germany 12.5%, UK 9.5%, Japan 4.9%, Hong Kong 4.2% (2006)

Imports	$4.077 billion f.o.b. (2006 est.)

Imports commodities	machinery and transport equipment, manufactured and semi-manufactured goods; food, drink, tobacco

Imports partners	Italy 28%, UK 10.5%, France 8.7%, Germany 7.6%, Singapore 6.8%, US 5.6% (2006)

Reserves of foreign exchange and gold	$3.065 billion (2006 est.)

Debt external	$188.8 million (2005)

Economic aid recipient	$NA

Currency code	Maltese lira (MTL)

Exchange rates	Maltese liri per US dollar - 0.37 (2006), 0.34578 (2005), 0.34466 (2004), 0.37723 (2003), 0.43362 (2002)

Communications - Malta:
Transportation - Malta:
Military - Malta:

This page was last updated on 16 September, 2007
Source: CIA >>>

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home : Countries: Europe : Developed : Republic : Small to 100 000 km2 : Population to 10 000 000 people

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Malta

Malta: Travel tips, articles, photos, gallery, cities database, population, pics, flags, statistics, free maps online

Back to Countries, Click to read the whole article: Malta

Economy overview

Gdp purchasing power parity

$8.411 billion (2006 est.)

Gdp official exchange rate

$5.447 billion (2006 est.)

Gdp real growth rate

2.4% (2006 est.)

Gdp per capita ppp

$21,000 (2006 est.)

Gdp composition by sector

agriculture: 3% industry: 23% services: 74% (2003 est.)

Labor force

164,000 (2006 est.)

Labor force by occupation

agriculture: 3% industry: 22% services: 75% (2005 est.)

Unemployment rate

6.8% (2005 est.)

Population below poverty line

NA%

Household income or consumption by percentage share

lowest 10%: NA% highest 10%: NA%

Inflation rate consumer prices

2.6% (2006 est.)

Investment gross fixed

25.1% of GDP (2006 est.)

Budget

revenues: $2.503 billion expenditures: $2.703 billion; including capital expenditures of $NA (2006 est.)

Agriculture products

potatoes, cauliflower, grapes, wheat, barley, tomatoes, citrus, cut flowers, green peppers; pork, milk, poultry, eggs

Industries

tourism, electronics, ship building and repair, construction, food and beverages, pharmaceuticals, footwear, clothing, tobacco

Industrial production growth rate

NA%

Electricity production

2.291 billion kWh (2004)

Electricity consumption

2.13 billion kWh (2004)

Electricity exports

0 kWh (2004)

Electricity imports

0 kWh (2004)

Oil production

0 bbl/day (2004 est.)

Oil consumption

19,000 bbl/day (2004 est.)

Oil exports

NA bbl/day

Oil imports

NA bbl/day

Oil proved reserves

0 bbl

Natural gas production

0 cu m (2004 est.)

Natural gas consumption

0 cu m (2004 est.)

Current account balance

-$966.2 million (2006 est.)

Exports

$2.425 billion f.o.b. (2006 est.)

Exports commodities

machinery and transport equipment, manufactures

Exports partners

France 15.3%, Singapore 13.2%, US 13%, Germany 12.5%, UK 9.5%, Japan 4.9%, Hong Kong 4.2% (2006)

Imports

$4.077 billion f.o.b. (2006 est.)

Imports commodities

machinery and transport equipment, manufactured and semi-manufactured goods; food, drink, tobacco

Imports partners

Italy 28%, UK 10.5%, France 8.7%, Germany 7.6%, Singapore 6.8%, US 5.6% (2006)

Reserves of foreign exchange and gold

$3.065 billion (2006 est.)

Debt external

$188.8 million (2005)

Economic aid recipient

$NA

Currency code

Maltese lira (MTL)

agriculture: 3%
industry: 23%
services: 74% (2003 est.)

agriculture: 3%
industry: 22%
services: 75% (2005 est.)

lowest 10%: NA%
highest 10%: NA%

revenues: $2.503 billion
expenditures: $2.703 billion; including capital expenditures of $NA (2006 est.)