Skip to content

Malta vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Malta ranked 126th with $14.6B. By GDP 5-years average growth and GDP per capita, Singapore and Malta ranked 76th vs 5th and 10th vs 35th, respectively.

Gross Domestic Product & Income

StatMaltaSingapore
GDP$14.6B$364.2B
GDP growth, 1 year6.4%3.2%
GDP growth, 5-years average7.6%3.3%
Population423k5.9M
GDP per capita$30k$65k
GDP per capita growth3.34%2.66%
Purchasing Power Parity conversion factor0.60.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.710.64
GDP per capita, PPP adjusted$46k$100k
GNI, Atlas method$12.8B$331.4B
GNI per capita$26k$59k
GNI, PPP adjusted$19B$533.8B
GNI per capita, PPP adjusted$39k$95k

Financial system and Human development

StatMaltaSingapore
Income Tax Rate35%22%
Corporate Tax Rate35%17%
Inflation, consumer prices1.7%0.4%
Inflation, GDP deflator2.1%1.9%
Unemployment4.6%3.8%
Economic Freedom Index69.589.4
Personal Freedom Index9.087.44
Human Freedom Index8.428.1
Property Rights Index70.596.8
Judical Effectiveness Index49.692.9
Business Freedom Index6892.8
Fiscal Health Index95.980
Labor Freedom Index61.190.9
Investment Freedom Index8585
Financial Freedom Index6080
Trade Freedom Index86.494.8
Monetary Freedom Index77.185.6
Government Spending Index6091.1
Tax Burden Index64.890.3
Government Integrity Index55.192.4
Corruption Perceptions Index5485
Life expectancy at birth, years82.582.9
Suicide mortality rate, per 100,000 people7.59.9
Mortality caused by road traffic injury, per 100,000 people6.12.8
Intentional homicides, per 100,000 people0.90.2
International tourism, number of arrivals2.6M14.7M

Government debt & reserves

StatMaltaSingapore
Central government debt, % of GDP45.4%108.3%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/A36.8%
Gross savings, % of GDP31.1%45.8%
Gross capital formation, % of GDP19.1%26.6%
Total reserves including gold$1B$292.7B
Foreign direct investment net inflows$4.7B$82B

Exports, imports and economic structure

StatMaltaSingapore
Exports of goods and services, % of GDP144.9%176.4%
Imports of goods and services, % of GDP124%149.8%
Current account balance (balance of payments)$1.4B$65.1B
Revenue excluding grants, % of GDP38.8%18.8%
Grants excluding technical cooperation, BoP$6.8M$1.6M
Personal remittances received$276.5MN/A
Industry including construction value added, % of GDP12.1%25.2%
Agriculture, forestry and fishing value added, % of GDP0.9%0%
Charges for the use of intellectual property, payments BoP$814.5M$15.2B
Charges for the use of intellectual property, receipts BoP$618.8M$8.7B
Expense, % of GDP34.9%15.2%
Government Expenditure, % of GDP36.5%17.2%

Compare with countries close by GDP per capita

Malta vs

CountryGDP
per capita
Population
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
South Korea
$31k
51.1M
Spain
$30k
46.5M
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M
Barbados
$18k
285k

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k