Macro - Country Economic Forecasts - Malta

Based on the latest quarterly data, the Maltese economy entered a recession in H2 2024, contracting by 0.6% q/q in Q3 and by 0.7% q/q in Q4. Data revisions have significantly influenced this outcome and there may be more to come.


Malta: Recession in H2 2024 doesn't hinder our optimistic forecast
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic developments
Structure of the economy
Balance of payments
Policy and politics

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