## Malta: Staff Report for the 2014 Article IV Consultation

_IMF Staff Country Reports, February 26, 2015_

## Source details

**Canonical URL:** [Malta: Staff Report for the 2014 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/malta-staff-report-for-the-2014-article-iv-consultation-42732)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/malta-staff-report-for-the-2014-article-iv-consultation-42732/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/malta-staff-report-for-the-2014-article-iv-consultation-42732/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/malta-staff-report-for-the-2014-article-iv-consultation-42732/bundle-manifest.json)

## Bibliographic details
- Published: February 26, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498318280.002

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### Executive summary and macroeconomic assessment
- Malta’s economy "continues to weather the global crisis well."
- Real GDP growth has been "one of the highest in the euro area since the beginning of the crisis," supported by:
  - relatively diversified exports
  - a recent recovery in domestic demand
  - a stable banking sector
- Unemployment is "close to historical lows and among the lowest in the euro area."
- The external position is strong.
- Progress has been achieved in reducing the budget deficit.

### Outlook and projections
- Macro outlook described as favorable.
- Growth is expected to remain robust in 2015–16, supported by domestic demand.
- Inflation is projected to remain subdued.
- The current account surplus will likely persist.

### Key subjects and risks highlighted
- Subjects: Balance of payments statistics, Banking, Financial institutions, Income, Labor, Loans, Monetary statistics, National accounts, Nonperforming loans, Public debt.
- Keywords: bank credit growth, CR, Global, IMF staff estimate, Income, ISCR, liability positions vis avis nonresident, Loans, Malta, Malta's economy, Malta's GDP growth, Nonperforming loans.

### Publication metadata (as reported on the page)
- Pages: 74
- Volume: 2015
- DOI: https://doi.org/10.5089/9781498318280.002
- Issue: 046
- Series: Country Report No. 2015/046
- Stock No: 1MLTEA2015001
- ISBN: 9781498318280
- ISSN: 1934-7685

*International Monetary Fund. European Dept. "Malta: Staff Report for the 2014 Article IV Consultation", IMF Staff Country Reports 2015, 046 (2015), accessed 9/22/2026, https://doi.org/10.5089/9781498318280.002*

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## Content in this bundle

- **Cr1546**
  - [Cr1546 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2015/_cr1546.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/malta-staff-report-for-the-2014-article-iv-consultation-42732_