€1.75
The weekly cost of living adjustment for 2022 was maintained in line with last year at €1.75 per week. This adjustment will be granted in full to employees, people receiving social benefits, pensioners and pro-rated to students.
0.2%
The 12-month moving average rate of inflation in August 2021 stood at 0.2% compared to 1.1% for the same period last year.
€4.5bn
Tax revenue for 2021 is expected to be €4.5bn (down from the original estimate of €4.6bn) and is expected to rise to €5.1bn by 2022.
61.3%
Government debt is expected to reach 61.3% of GDP by the end of 2021 (compared to the original estimate of 58.6%).
11.1%
The deficit for 2021 is expected to amount to around 11.1% of GDP (originally anticipated at 5.9% of GDP). For 2022, this is expected to reduce to 5.6% of GDP.
€13.9bn
GDP for 2021 is expected to be €13.9bn. For the period to June 2021, GDP increased by 5.6% in real terms from the same period last year.
3.2%
The unemployment rate as at August 2021 stood at 3.2%. The unemployment rate remains below the EU average rate which stands at 6.8%.
261k
Inbound tourists up to July 2021 amounted to 261k, down from 419k for the same period in 2020 and 1.5m for the same period in 2019.
27%
Increase in the labour supply from 2016 to March 2021. Total number of persons available in the workforce until the first quarter of 2021 stood at around 238k.
€19K
The Maltese average household income for 2020. This increased from 2019 and continues to close the gap on the EU average.
€962m
During the first 8 months of 2021, €962m government stocks were issued on the primary market compared to €88.4m of corporate bonds.
17.8%
Greenhouse gas emissions reduced by 17.8% in 2019 compared to 2010.
48%
Increase in internet subscriptions between 2013 and 2020.
20%
The at-risk-of-poverty-or-social-exclusion rate expressed as a percentage of the total population stood at 20% which is comparable to the EU average.
