Malta - Introduction 2011
top of pageBackground: Great Britain formally acquired possession of Malta in 1814. The island staunchly supported the UK through both world wars and remained in the Commonwealth when it became independent in 1964. A decade later Malta became a republic. Since about the mid-1980s the island has transformed itself into a freight transshipment point a financial center and a tourist destination. Malta became an EU member in May 2004 and began using the euro as currency in 2008.
Coastline: 196.8 km (excludes 56.01 km for the island of Gozo)
Climate: Mediterranean; mild rainy winters; hot dry summers
Terrain: mostly low rocky flat to dissected plains; many coastal cliffs
GeographyNote: the country comprises an archipelago with only the three largest islands (Malta Ghawdex or Gozo and Kemmuna or Comino) being inhabited; numerous bays provide good harbors; Malta and Tunisia are discussing the commercial exploitation of the continental shelf between their countries particularly for oil exploration
top of pageEthnic groups: Maltese (descendants of ancient Carthaginians and Phoenicians with strong elements of Italian and other Mediterranean stock)
Languages: Maltese (official) 90.2% English (official) 6% multilingual 3% other 0.8% (2005 census)
top of pageAdministrative divisions: none (administered directly from Valletta); note - local councils carry out administrative orders and have some responsibility for local road and other public maintenance
National holiday: Independence Day 21 September (1964); Republic Day 13 December (1974)
Legal system: mixed legal system of English common law and civil law (based on the Roman and Napoleonic civil codes)
Executive branchChief of state: President George ABELA
Head of government: Prime Minister Lawrence GONZI (since 23 March 2004)
Cabinet: Cabinet appointed by the president on the advice of the prime minister
Elections: president elected by a resolution of the House of Representatives for a five-year term; election last held on 12 January 2009 (next to be held by April 2014); following legislative elections the leader of the majority party or leader of a majority coalition usually appointed prime minister by the president for a five-year term; the deputy prime minister appointed by the president on the advice of the prime minister
Election results: George ABELA elected president by the House of Representatives
Legislative branch: unicameral House of Representatives (normally 65 seats; members are elected by popular vote on the basis of proportional representation by the Single Transferrable Vote (STV) to serve five-year terms; note - the parliament elected in 2008 is composed of 69 seats; when the political party winning an absolute majority of first-count votes (or a plurality of first-count votes in an election where only two parties are represented in parliament) does not win an absolute majority of seats the constitution provides for the winning party to be awarded additional number of seats in parliament to guarantee it an absolute majority; in the event that more than two parties are repressented in parliament with none acquiring the absolute majority of votes the party winning the majority of seats prevails
Elections: last held on 8 March 2008 (next to be held by March 2013)
Election results: percent of vote by party - PN 49.3% PL 48.8% other 1.9%; seats by party - PN 35 PL 34
Judicial branch: Constitutional Court; Court of First Instance; Court of Appeal
Note: magistrates and judges for the courts are appointed by the president on the advice of the prime minister
Political parties and leaders: Alternativa Demokratika/Alliance for Social Justice or AD [Michael BRIGUGLIO]; Labor Party or PL [Joseph MUSCAT]; Nationalist Party or PN [Lawrence GONZI]; The Malta Communist Party [Victor DEGIOVANNI]
International organization participation: Australia Group C CE EAPC EBRD EIB EMU EU FAO IAEA IBRD ICAO ICRM IFAD IFC IFRCS ILO IMF IMO IMSO Interpol IOC IOM IPU ISO ITSO ITU ITUC MIGA NSG OAS (observer) OPCW OSCE PCA PFP Schengen Convention UN UNCTAD UNESCO UNIDO Union Latina (observer) UNWTO UPU WCO WHO WIPO WMO WTO
Flag description: two equal vertical bands of white (hoist side) and red; in the upper hoist-side corner is a representation of the George Cross edged in red; according to legend the colors are taken from the red and white checkered banner of Count Roger of Sicily who removed a bi-colored corner and granted it to Malta in 1091; an uncontested explanation is that the colors are those of the Knights of Saint John who ruled Malta from 1530 to 1798; in 1942 King George VI of the United Kingdom awarded the George Cross to the islanders for their exceptional bravery and gallantry in World War II; since independence in 1964 the George Cross bordered in red has appeared directly on the white field
top of pageEconomy overview: Malta produces only about 20% of its food needs has limited fresh water supplies and has few domestic energy sources. Malta's geographic position between the EU and Africa makes it a target for illegal immigration which has strained Malta's political and economic resources. Malta adopted the euro on 1 January 2008. Malta's financial services industry has grown in recent years and in 2008-09 it escaped significant damage from the international financial crisis largely because the sector is centered on the indigenous real estate market and is not highly leveraged. Locally the restricted damage from the financial crisis has been attributed to the stability of the Maltese banking system and to its prudent risk-management practices. The global economic downturn and high electricity and water prices hurt Malta's real economy which is dependent on foreign trade manufacturing - especially electronics and pharmaceuticals - and tourism but growth bounced back as the global economy recovered in 2010. Following a 1.2% contraction in 2009 GDP grew 2% in 2010. In early 2011 the EU ended excessive deficit procedures against Malta after Malta had taken measures to correct an excessive deficit in 2010 and appeared likely to reach its deficit target of 2.8% of GDP in 2011.
Agriculture products: potatoes cauliflower grapes wheat barley tomatoes citrus cut flowers green peppers; pork milk poultry eggs
Industries: tourism electronics ship building and repair construction food and beverages pharmaceuticals footwear clothing tobacco aviation services financial services information technology services
Central bank discount rate: 1.75% (31 December 2009)
Rank: 128
Note: this is the European Central Bank's rate on the marginal lending facility which offers overnight credit to banks in the euro area
Stock of narrow money: $5.283 billion (31 December 2009)
Rank: 90
Note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 17 members of the EMU; individual members of the EMU do not control the quantity of money circulating within their own borders
Exports: $2.427 billion (2009)
Rank: 122
Commodities: electrical machinery mechanical appliances fish and crustaceans pharmaceutical products printed material
Partners: Germany 18.4% France 15.7% UK 9.1% Italy 6.6% Libya 6% US 5.7% (2010)
Imports: $3.798 billion (2009 est.)
Rank: 123
Commodities: mineral fuels and oils electrical machinery non-electrical machinery aircraft and other transport equipment plastic and other semi-manufactured goods; food drink tobacco
Partners: Italy 24.1% UK 8.6% Germany 8.5% France 8.2% Singapore 4.1% (2010)
Exchange rates:
euros (EUR) per US dollar -
0.755 (2010)
0.72 (2009)
0.6827 (2008)
Note: on 1 January 2008 Malta adopted the euro as legal tender
top of pageMalta - Communication 2011
top of pageTelephone systemGeneral assessment: automatic system featuring submarine cable and microwave radio relay between islands
Domestic: combined fixed-line and mobile-cellular subscribership exceeds 165 per 100 persons
International: country code - 356; submarine cable connects to Italy; satellite earth station - 1 Intelsat (Atlantic Ocean) (2008)
Broadcast media: 2 publicly-owned television stations Television Malta (TVM) broadcasting nationally and an educational channel; several privately-owned national television stations two of which are owned by political parties; Italian and British broadcast programs are available; multi-channel cable and satellite TV services are obtainable; publicly-owned radio broadcaster operates 1 station; roughly 20 commercial radio stations operating (2011)
top of pageMalta - Transportation 2011
top of pageMerchant marineTotal: 1571
Rank: 4
By type: bulk carrier 522 cargo 377 carrier 1 chemical tanker 280 container 91 liquefied gas 31 passenger 45 passenger/cargo 22 petroleum tanker 141 refrigerated cargo 14 roll on/roll off 30 specialized tanker 2 vehicle carrier 15
Foreign owned: 1401 (Angola 7 Austria 1 Azerbaijan 1 Bahamas 1 Bangladesh 1 Belgium 14 Bermuda 8 Bulgaria 7 Canada 1 China 11 Croatia 7 Cyprus 29 Denmark 41 Egypt 1 Estonia 16 Finland 2 France 13 Germany 127 Greece 458 Hong Kong 2 India 4 Iran 56 Ireland 1 Israel 5 Italy 52 Japan 5 Kuwait 2 Latvia 11 Lebanon 7 Libya 4 Luxembourg 3 Malaysia 1 Netherlands 2 Nigeria 1 Norway 84 Poland 22 Portugal 3 Romania 8 Russia 47 Singapore 3 Slovenia 4 South Korea 3 Spain 10 Sweden 3 Switzerland 14 Syria 5 Turkey 211 UAE 1 UK 16 Ukraine 30 US 35)
Note: this country allows large numbers of ships owned by foreign entities to be registered in its national shipping registry and to fly its flag; these ships operate under the laws of the flag state
Registered in other countries: 2 (Panama 2) (2010)
Malta - Transnational issues 2011
top of pageIllicit drugs: minor transshipment point for hashish from North Africa to Western Europe
🅶🅷🅴🅾🆂.🅲🅾🅼