Malta

Malta ranks only 120th by total output, but with 579,704 people it generates GDP per capita of US$47,907, 28th in the world, and 25th on a PPP basis.

US$ GDP rose 10.9% to US$27.8 billion in 2025, though real growth was +4.0%; the gap was mostly exchange-rate and price effects, not output. Even so, Malta slipped 1 place from 119th and now sits between Guinea and Burkina Faso.

Services dominate, at 81.3% of output, with industry at 10.1%, manufacturing 5.3% and agriculture 0.5%. Inflation stood at 2.4% and unemployment at 2.9%, while government gross debt is 46.2% of GDP. The economy has grown 6.9 times in dollar terms since 2000, when it measured US$4.0 billion and ranked 124th. It is about the size of the Peoria, IL metro area. The IMF projects GDP of US$38.4 billion by 2030, a +38% rise that would lift it to 117th.