Malta Economy

The Maltese economy with a population of 412.966 thousand (Est 2010) ranks 142nd in the world with a GDP PPP of 9.8 billion and GDP PPP per capita of 23,667 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Euro which is the 2nd most traded currency in the world. Bank deposits held for a fixed term in Malta are called fixed deposits. According to its inflation was 4.8% in 2008 and 1.8% in 2009.