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Malta Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

Malta's unemployment rate was 2.90% in 2025, ranked 37th globally. This represents a 7.1% decrease from 2024. Data from World Bank, covering 1983–2025.

2.90% −0.22pp (-7.1%)
Year 2025 Rank #37 Global Peak 12.50% (1983) Source World Bank

Malta Unemployment Rate (1983–2025)

Overview

Malta's unemployment rate stood at 2.90% in 2025, a decline of +0.22pp from 2024. The IMF projects 2.50% by 2025. Malta ranked 37th globally.

Malta’s unemployment rate has fallen dramatically over the 43‑year series, sliding from an all‑time peak of 12.50 % in 1984 to a trough of 2.90 % in 2025, the lowest level recorded in the series and the 37th‑lowest globally according to World Bank data. The decline reflects structural reforms, a shift toward services, and the resilience of the tourism and financial sectors, which have absorbed labour displaced from traditional industries. By contrast, peer economies such as Bolivia (2.97 %) and Mali (2.83 %) are clustered around a similar low‑unemployment environment, suggesting that Malta’s performance is broadly comparable to other small, open economies that have capitalised on niche export markets. The sustained reduction points to a tight labour market, yet the outlook remains contingent on external shocks; a resurgence in global travel disruptions or financial volatility could reverse the downward trajectory, while continued diversification may further entrench the low‑unemployment trend.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 2.50% - -
2029* IMF 2.50% - -
2028* IMF 2.50% - -
2027* IMF 2.50% - -
2026* IMF 2.50% - -
2025* IMF 2.50% - -
2025 2.90% −0.22pp #37
2024 3.10% −0.38pp #45
2023 3.48% +0.00pp #58
2022 3.47% −0.30pp #49
2021 3.75% −1.10pp #41
2020 4.86% +0.77pp #62
2019 4.08% +0.12pp #65
2018 3.96% −0.05pp #60
2017 4.01% −0.69pp #56
2016 4.69% −0.70pp #70
2015 5.39% −0.34pp #81
2014 5.74% −0.37pp #85
2013 6.12% −0.09pp #90
2012 6.20% −0.19pp #90
2011 6.39% −0.45pp #91
Show all years (1983-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +15.9% GDP growth 6.8% C/A balance 7.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Malta matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Malta's unemployment rate?▾

Malta's unemployment rate was 2.90% in 2025. Ranked 37th globally. This represents a 7.1% decrease from the previous year.

What was the highest unemployment rate in Malta?▾

Malta's unemployment rate peaked at 12.50% in 1983.

What was the lowest unemployment rate in Malta?▾

The lowest unemployment rate in Malta was 2.90% in 2025.

How does Malta rank in unemployment rate?▾

Malta ranks 37th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?▾

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Malta in 2025?▾

Malta's unemployment rate is projected to reach 2.50% by 2025 based on IMF projection.

What is the unemployment rate of Malta in 2025?▾

The unemployment rate of Malta in 2025 was 2.90%. This ranks 37th in the world.

Cite this page

APA
Malta Unemployment Rate. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/malta/unemployment-rate/
BibTeX
@misc{historysaid_malta_unemployment-rate, title = {Malta Unemployment Rate}, url = {https://historysaid.com/malta/unemployment-rate/}, publisher = {HistorySaid}, year = {2026} }
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