Malta vs the United States: Economic Indicators Comparison
The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while Malta ranked 126th with $14.6B. By GDP 5-years average growth and GDP per capita, the United States and Malta ranked 113th vs 5th and 11th vs 35th, respectively.
Gross Domestic Product & Income
Stat | Malta | United States |
---|---|---|
GDP | $14.6B | $20.5T |
GDP growth, 1 year | 6.4% | 2.9% |
GDP growth, 5-years average | 7.6% | 2.4% |
Population | 465k | 325.1M |
GDP per capita | $30k | $63k |
GDP per capita growth | 3.34% | 2.29% |
Purchasing Power Parity conversion factor | 0.6 | 1 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.71 | 1 |
GDP per capita, PPP adjusted | $46k | $63k |
GNI, Atlas method | $12.8B | $20.6T |
GNI per capita | $26k | $63k |
GNI, PPP adjusted | $19B | $20.8T |
GNI per capita, PPP adjusted | $39k | $64k |
Financial system and Human development
Stat | Malta | United States |
---|---|---|
Income Tax Rate | 35% | 37% |
Corporate Tax Rate | 35% | 21% |
Inflation, consumer prices | 1.7% | 2.4% |
Inflation, GDP deflator | 2.1% | 2.4% |
Unemployment | 4.6% | 3.9% |
Economic Freedom Index | 69.5 | 76.6 |
Personal Freedom Index | 9.08 | 8.55 |
Human Freedom Index | 8.42 | 8.39 |
Property Rights Index | 70.5 | 81.8 |
Judical Effectiveness Index | 49.6 | 83.7 |
Business Freedom Index | 68 | 83.3 |
Fiscal Health Index | 95.9 | 54.3 |
Labor Freedom Index | 61.1 | 87.9 |
Investment Freedom Index | 85 | 85 |
Financial Freedom Index | 60 | 80 |
Trade Freedom Index | 86.4 | 79.8 |
Monetary Freedom Index | 77.1 | 75.5 |
Government Spending Index | 60 | 56.5 |
Tax Burden Index | 64.8 | 74.6 |
Government Integrity Index | 55.1 | 77.2 |
Corruption Perceptions Index | 54 | 71 |
Life expectancy at birth, years | 82.5 | 78.5 |
Suicide mortality rate, per 100,000 people | 7.5 | 15.3 |
Mortality caused by road traffic injury, per 100,000 people | 6.1 | 12.4 |
Intentional homicides, per 100,000 people | 0.9 | 5.3 |
International tourism, number of arrivals | 2.6M | 79.7M |
Government debt & reserves
Stat | Malta | United States |
---|---|---|
Central government debt, % of GDP | 45.4% | 105.8% |
External debt stocks, % of GNI | N/A | N/A |
External debt stocks | N/A | N/A |
Short-term debt, % of total reserves | N/A | N/A |
Total debt service, % of exports and primary income | N/A | N/A |
Adjusted net savings including particulate emission damage, % of GNI | N/A | 6.1% |
Gross savings, % of GDP | 31.1% | 18.6% |
Gross capital formation, % of GDP | 19.1% | 21% |
Total reserves including gold | $1B | $449.9B |
Foreign direct investment net inflows | $4.7B | $258.4B |
Exports, imports and economic structure
Stat | Malta | United States |
---|---|---|
Exports of goods and services, % of GDP | 144.9% | 12.2% |
Imports of goods and services, % of GDP | 124% | 15.3% |
Current account balance (balance of payments) | $1.4B | -$491B |
Revenue excluding grants, % of GDP | 38.8% | 17.2% |
Grants excluding technical cooperation, BoP | $6.8M | N/A |
Personal remittances received | $276.5M | $6.7B |
Industry including construction value added, % of GDP | 12.1% | 18.2% |
Agriculture, forestry and fishing value added, % of GDP | 0.9% | 0.9% |
Charges for the use of intellectual property, payments BoP | $814.5M | $56.1B |
Charges for the use of intellectual property, receipts BoP | $618.8M | $128.7B |
Expense, % of GDP | 34.9% | 22.4% |
Government Expenditure, % of GDP | 36.5% | 38.1% |