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Economy & Finance
Malta welcomes record 457,000 tourists in May as visitor spending tops €419 million





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Malta’s Economic Sectors

Financial Services

As a dynamic financial hub, Malta is renowned for its robust fund management, insurance, and private wealth solutions, attracting companies and individuals seeking stability and confidence.

€
0
B

In assets under management of Malta-registered funds.

0
%

Growth in financial services sector in Malta in just 1 year - between 2022 and 2023.

Shipping & Aviation

Malta boasts the largest merchant shipping fleet in Europe and is the world’s top jurisdiction for superyachts. It also hosts Europe’s fastest-growing aircraft registry.

0
+

Superyachts registered in Malta.

0
%

Increase in aircraft registered in Malta since 2010.

Manufacturing

Malta has a strong and diverse manufacturing sector that produces an extensive range of intermediate and consumer goods, primarily for export. Products made in Malta find their way into various industries, from automotive to cosmetics, showcasing the island's global impact across sectors.

€1B+

Worth of electronics exported in 2022.

0
%

Of Malta’s GDP.

Pharma & Medical

Malta is one of the major players in Europe’s medicines market, with the long-running production of generic pharmaceuticals and batch-release operations recently augmented with significant investments in the medicinal cannabis and MedTech sectors.

€
0
M

In pharmaceutical exports in 2022.

2nd

Largest exporter of pharma products per capita in EU.

Tech

Malta has nurtured a tech sector largely focused on creating and managing specialised enterprise solutions for a wide range of industries, tapping into demand for the design and implementation of tailormade software-based solutions.

0
%

5G coverage.

1st

Jurisdiction worldwide to craft regulatory framework for crypto-assets.

Gaming

Malta was among the first nations to establish a robust regulatory framework and offer incentives to iGaming companies, positioning itself as a leading iGaming jurisdiction. Today, the country boasts a thriving online gambling industry and a mature ecosystem of support services, with many of the world’s leading operators maintaining significant operations on the island.

€1.5B

In Gross Value Added in 2022.

0
+

Licensed iGaming firms.

Tourism

No longer just a sun, sea and sand destination, Malta has evolved into an all-seasons destination with major pull factors, from extensive list of Michelin-starred restaurants to UNESCO World Heritage Sites.

0
M+

Tourist arrivals in 2023.

0
B

Spent in Malta in 2024.

Film Production

Featuring stunning locations and some of the world’s largest water tanks, producers have used Malta as a filming location for acclaimed films and television series like Gladiator, Jurassic World Dominion and Game of Thrones.

0
%

Cash rebate on eligible costs, including foreign salaries and per diems.

€
0
M

Incentives granted between 2019 and 2023.

Niche & Emerging Sectors

Nimble policymaking supports the determination and hard work necessary to nurture new sectors, from aquaculture and the blue economy to health and education tourism – and much else in between.

1st

Ever unmanned cargo drone took off from Malta in 2023.

€
0
M

State-backed venture capital fund for innovative startups.





Key Players In The Industry

Real Estate

Joe Ellul-Turner

Shipping & Aviation

Ivan Tabone

Industry

Matthew Bezzina

Gaming

Justin Anastasi

Tourism

Kurt Micallef

Financial Services

Herald Bonnici

Real Estate

Joe Ellul-Turner

Shipping & Aviation

Ivan Tabone

Financial Services

Herald Bonnici









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Economic Sectors

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Financial Services
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Shipping & Aviation
Manufacturing
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Manufacturing
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Pharma & Medical
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Tech
Gaming
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Gaming
Tourism
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Tourism
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Film Production
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Niche & Emerging Sectors

Useful information

Airports

The first and final stop for 99% of all arrivals to Malta

Harbours

Crucial hubs for a nation importing most essential goods

Information Technology

The infrastructure underpinning Malta's most advanced industries

Industrial Space

Most manufacturing is done in Malta's state-managed industrial areas

Diplomatic Missions

Find contact details for all of Malta's diplomatic and consular missions

Local Contacts

Facilitating your investment journey

Property

Real Estate Opportunities

How foreign investors are exploiting the local market

The Rental Sector

The massive boom shaping Malta's real estate sector

Property Purchase Guide

Luxury developments made more attractive to foreign buyers

Buying Commercial Property

Luxury developments made more attractive to foreign buyers

Special Designated Areas

Luxury developments made more attractive to foreign buyers

Understanding the Property Market

The investment side of Malta's real estate market

Who Is Eligible To Buy Property In Malta?

Malta imposes certain limitations on who can buy property

Malta Area Guide

It's all about location, location, location!

Living in malta

Lifestyle & Society

A little Mediterranean island with a cosmopolitan lifestyle

Education

From international schools to top universities, studying is always sweeter under clear blue skies

Healthcare Provision

World-class healthcare in state-of-the-art facilities

Culture & The Arts

A thriving arts and culture scene against the backdrop of UNESCO World Heritage Sites

What To Do In Malta

An insider's perspective

Investing in malta

Where To Start

Why are investors choosing Malta?

Economic Overview

A snapshot of the sectors driving growth

Macroeconomic Indicators

GDP growth figures, Government debt, unemployment, and more

Trade

From semiconductors to tuna, and much else in between

Political & Legal Frameworks

A colonial history and a European present underpin Malta's stability

History Of Malta

For millenia, Malta has been at the crossroads of Europe, Africa and Asia

Quick FAQs

Everything you want to know about living, working and investing in Malta

Business

Incorporation

A no-nonsense guide to setting up in Malta

Tax

Discover Malta's attractive tax regime

Finding Talent

Building your team in Malta

Financing

A step-by-step guide to financing options in Malta

Grants & Incentives

Malta offers a package of business incentives that is tough to beat

What Malta Offers To Startups

The startup ecosystem has taken a big step forward in recent years

Residency citizens

Acquiring Citizenship

Exploring the avenues of acquiring Maltese citizenship

Residency Programmes

Malta's residency programmes explained

Becoming A Nomad In Malta

Find out why nomads are increasingly calling Malta home

Startup Residency

Startups can take up residency in Malta and benefit from a package of incentives

Retiring In Malta

Malta's climate and track record for safety make it a favourite for retirees

How To Get A Work Permit

The process of acquiring a work permit in Malta