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Malta β€” Country Profile & National Debt

An overview of Malta covering geography, demographics, economy, culture, political status, and practical information, sourced from World Bank and REST Countries open data.

National Debt Real-Time Estimate
euro (EUR)
€ 6,433,787,244.67
β‰ˆ
US Dollar (USD)
$ 7,483,332,047.691
GDP
$24.97B
2024 data
Debt / GDP
30.0%
1994 data
Annual Interest Rate
2.4%
2013 real rate
Per Second
€4.9
β‰ˆ $5.69/s
Exchange Rate1 USD = 0.86 EUR
Data source: World Bank Open Data Β· Exchange rates: open.er-api.com
These figures are estimates based on public statistics and may differ from actual values.

About Malta

The capital of Malta is Valletta. It has a population of approximately 574K. The country covers an area of 316 kmΒ². It is located in Southern Europe.

πŸ’‘

The smallest sovereign member state of the European Union.

Geography

Malta is a country in Southern Europe, part of the Europe region. It covers an area of approximately 316 kmΒ². It has direct access to the sea along its coastline.

Demographics & Languages

Malta has a population of approximately 574,250 people. Population density is around 1817.2 people per kmΒ². Its officially recognised languages include English and Maltese, totalling 2 languages. People from this country are referred to as Maltese.

Economy Overview

As of 2024, Malta reports a nominal GDP of about $25.0 billion. Government debt stood at roughly 30.0% of GDP in 1994. The official currency is the euro (EUR, symbol €). The current exchange rate is approximately 1 USD = 0.86 EUR.

Culture & Time

Malta operates on a single time zone (UTC+01:00). The local week is considered to start on Monday. Its country-code top-level domain (ccTLD) is.mt.

Government & Status

The capital of Malta is Valletta. It is internationally recognised as an independent sovereign state. The country is a member state of the United Nations.

Practical Information

Traffic drives on the left. The international dialling code is +356. Its FIFA country code is MLT, and its ISO 3166-1 alpha-2 code is MT.

Data Sources & Methodology

GDP and debt-to-GDP figures on this page are pulled from the most recent available year of World Bank open statistics. The real-time debt estimate is computed by multiplying total debt (GDP Γ— debt ratio) by World Bank's real interest rate (or a 4% fallback when unavailable) and dividing across each second of a year. Exchange rates refresh hourly via open.er-api.com, and country-level metadata such as languages, time zones, borders, and domains is fetched from REST Countries every 24 hours. All values are estimates derived from public datasets and may differ from official figures.

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