United States. Central Intelligence Agency

“ Malta produces only about 20% of its food needs, has limited fresh water supplies, and has no domestic energy sources. The economy is dependent on foreign trade, manufacturing (especially electronics and textiles) , and tourism. Malta is privatizing state-controlled firms and liberalizing markets in order to prepare for membership in the European Union. The island remains divided politically, however, over the question of joining the EU. Continued sluggishness in the global economy is holding back exports, tourism, and overall growth. ”

“ Cabinet appointed by the president on the advice of the prime minister
elections: president elected by the House of Representatives for a five-year term; election last held 29 March 2004 (next to be held by April 2009) ; following legislative elections, the leader of the majority party or leader of a majority coalition is usually appointed prime minister by the president for a five-year term; the deputy prime minister is appointed by the president on the advice of the prime minister
election results: Eddie FENECH ADAMI elected president ”

“ Investment (gross fixed) : 23.1% of GDP (2003) Population below poverty line: NA Household income or consumption by percentage share: lowest 10%: NA
highest 10%: NA Inflation rate (consumer prices) : 0.4% (2003 est.) Labor force: 160,000 (2002 est.) Labor force - by occupation: agriculture 5%, industry 24%, services 71% (1999 est.) Unemployment rate: 7% (2003 est.) ”