The monthly minimum wage in Malta is USD 913. Malta has a public debt equivalent to 43.3% of the country's gross domestic product (GDP) estimated in 2012. Regarding consumer prices, the inflation rate in Malta is 1%. The currency of Malta is the euro. There are several plural forms of the name "euro". These are euros, euros. The symbol used for this currency is €, abbreviated to EUR. The euro is divided into cents; 1 euro is 100. Every year consumers spend around 5,051 million US dollars. The ratio of consumer spending to GDP in Malta is 0.05% and the ratio of consumer spending to world consumer market is 1.45%. Corporate tax in Malta is 35%. Personal income tax ranges from 0% to 35% depending on your specific situation and income level. VAT in Malta is 18%.
Gross domestic product Total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in Malta is US$14,122 billion. Gross Domestic Product (GDP) per capita calculated in Purchasing Power Parity (PPP) in Malta was last seen at $32,683,081. PPP in Malta is considered very good compared to other countries. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in Malta is 9.971 billion. Based on this statistic, Malta is considered to be medium strong. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. Gross domestic product (GDP) per capita in Malta was last seen at $23,076,264. The average citizen in Malta has a very high level of wealth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Malta averaged 2.2% in 2014. According to this percentage, Malta is currently experiencing modest growth. Modest growth countries offer safe investment opportunities; Their expanding economy suggests that businesses, jobs and incomes will increase accordingly.