Economy of Malta

Malta is a highly industrialised, service based economy. It is classified as an advanced economy by the International Monetary Fund and is considered a high income country by the World Bank and an innovation-driven economy by the World Economic Forum. It is a member of the European Union and of the eurozone, having formally adopted the euro on 1 January 2008. Malta is the 15th most democratic country in the world according to the Economist Intelligence Unit's Democracy Index.

Economy of Malta

Malta is a highly industrialised, service based economy. It is classified as an advanced economy by the International Monetary Fund and is considered a high income country by the World Bank and an innovation-driven economy by the World Economic Forum. It is a member of the European Union and of the eurozone, having formally adopted the euro on 1 January 2008. Malta is the 15th most democratic country in the world according to the Economist Intelligence Unit's Democracy Index.