Malta vs the Philippines: Economic Indicators Comparison

The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while Malta ranked 126th with $14.6B. By GDP 5-years average growth and GDP per capita, the Philippines and Malta ranked 21st vs 5th and 134th vs 35th, respectively.

Gross Domestic Product & Income

StatMaltaPhilippines
GDP$14.6B$330.9B
GDP growth, 1 year6.4%6.2%
GDP growth, 5-years average7.6%6.4%
Population465k104.9M
GDP per capita$30k$3.1k
GDP per capita growth3.34%4.77%
Purchasing Power Parity conversion factor0.618.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.710.35
GDP per capita, PPP adjusted$46k$8.9k
GNI, Atlas method$12.8B$408.8B
GNI per capita$26k$3.8k
GNI, PPP adjusted$19B$1.1T
GNI per capita, PPP adjusted$39k$11k

Financial system and Human development

StatMaltaPhilippines
Income Tax Rate35%35%
Corporate Tax Rate35%30%
Inflation, consumer prices1.7%5.2%
Inflation, GDP deflator2.1%3.8%
Unemployment4.6%2.5%
Economic Freedom Index69.564.5
Personal Freedom Index9.087.06
Human Freedom Index8.426.92
Property Rights Index70.554.6
Judical Effectiveness Index49.634.2
Business Freedom Index6859.5
Fiscal Health Index95.996.3
Labor Freedom Index61.157.4
Investment Freedom Index8560
Financial Freedom Index6060
Trade Freedom Index86.481.6
Monetary Freedom Index77.166.9
Government Spending Index6087.9
Tax Burden Index64.876.7
Government Integrity Index55.138.7
Corruption Perceptions Index5436
Life expectancy at birth, years82.571
Suicide mortality rate, per 100,000 people7.53.2
Mortality caused by road traffic injury, per 100,000 people6.112.3
Intentional homicides, per 100,000 people0.98.4
International tourism, number of arrivals2.6M7.2M

Government debt & reserves

StatMaltaPhilippines
Central government debt, % of GDP45.4%39.6%
External debt stocks, % of GNIN/A19.9%
External debt stocksN/A$78.8B
Short-term debt, % of total reservesN/A20.3%
Total debt service, % of exports and primary incomeN/A8.7%
Adjusted net savings including particulate emission damage, % of GNIN/A28.5%
Gross savings, % of GDP31.1%42.4%
Gross capital formation, % of GDP19.1%26.9%
Total reserves including gold$1B$79.2B
Foreign direct investment net inflows$4.7B$9.8B

Exports, imports and economic structure

StatMaltaPhilippines
Exports of goods and services, % of GDP144.9%31.7%
Imports of goods and services, % of GDP124%44.4%
Current account balance (balance of payments)$1.4B-$8.7B
Revenue excluding grants, % of GDP38.8%16.3%
Grants excluding technical cooperation, BoP$6.8M$436.5M
Personal remittances received$276.5M$33.8B
Industry including construction value added, % of GDP12.1%30.7%
Agriculture, forestry and fishing value added, % of GDP0.9%9.3%
Charges for the use of intellectual property, payments BoP$814.5M$917M
Charges for the use of intellectual property, receipts BoP$618.8M$44.1M
Expense, % of GDP34.9%14.9%
Government Expenditure, % of GDP36.5%20.1%

Compare with countries close by GDP per capita

Malta vs

CountryGDP
per capita
Population
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k

Philippines vs

CountryGDP
per capita
Population
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M