Malta Economy - 1986

GEOGRAPHICAL NAMES 

GDP: $1.0 billion (1984), $3 010 per capita (1984); 68.9% private consumption, 27 4% gross investment; 17.4% government consumption, —15.2% net foreign sector; change in stocks 1.0%; in 1984 real GDP growth was 1.2%

Natural resources: limestone, salt

Agriculture: overall, 20% self-sufficient; gen erally adequate supplies of vegetables, poultry, milk, and pork products, seasonal or periodic shortages in grain, animal fodder, fruits, other basic foodstuffs; main products—potatoes, cauliflower, grapes, wheat, barley, tomatoes, citrus, cut flowers, green peppers, hogs poultry, eggs

Major industries, tourism, ship repair yard, clothing, building industry, food manufacturing, textiles

Shortages: most consumer and industrial needs (fuels and raw materials) must be imported

Electric power: 157,000 kW capacity (1985); 766 million kWh produced (1985), 2,158 kWh per capita

Exports: $393 7 million (f.o.b., 1984); clothing, textiles, ships, printed matter

Imports: $717.8 million (c.i.f., 1984)

Major trade partners: 74% EC (24% Italy, 22% FRG, 17% UK); 6% US

Budget: (1984) projects $486 million in expenditures, $475 million in revenues

Monetary conversion rate: 0.43 Maltese lira=US$l (October 1985)

Fiscal year: 1 January-31 December

NOTE: The information regarding Malta on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Malta 1986 information contained here. All suggestions for corrections of any errors about Malta 1986 should be addressed to the CIA or the source cited on each page.