Malta has the second-highest median household net wealth in Europe, according to the latest European Central Bank distributional wealth accounts.

The data shows that the median Maltese household has a net wealth of €503,000, ranking behind only Luxembourg, where median household net wealth stands at €764,000.

Malta ranks ahead of Ireland (€406,000), Belgium (€308,000), Cyprus (€240,000) and Spain (€228,000), while larger economies such as France (€185,000), Italy (€178,000) and Germany (€127,000) report considerably lower median household wealth.

The figures, covering the third quarter of 2025, were shared by HSBC Bank Malta CEO Geoffrey Fichte, who described household wealth as one of several indicators reflecting the strength of the Maltese economy.

The ranking coincides with a period of continued economic expansion. Malta's economy grew by 4 per cent in 2025 and is expected to expand by around 3.7 per cent in 2026, while unemployment remains close to 3 per cent, among the lowest levels in Europe.

According to Mr Fichte, the country's economic performance has been supported by a diverse mix of industries, including financial services, information technology, tourism, maritime services and online gaming.

He also highlighted Malta's property market, pointing to long-term price appreciation and the country's relatively low mortgage rates as factors underpinning household wealth.

Looking ahead, Mr Fichte argued that continued investment in innovation, infrastructure, green technologies and high-value industries will be important to maintaining Malta's competitiveness and supporting sustainable long-term growth.

The ECB figures measure median household net wealth, meaning half of households have a higher level of net wealth and half have a lower level. Net wealth represents the value of a household's assets, such as property, savings and investments, after deducting outstanding liabilities including mortgages and other debt.