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Country name:

conventional long form: Republic of Malta
conventional short form: Malta
local long form: Repubblika ta' Malta
local short form: Malta

 

Capital:

Valletta. Population: 6,315 (2005).
 

Description:
The Maltese archipelago is situated in the middle of the Mediterranean, with the largest inhabited island, Malta, lying 93km (58 miles) south of Sicily and 290km (180 miles) from North Africa. Gozo and Comino are the only other inhabited islands. The landscape of all three is characterised by low hills with terraced fields. Malta has no mountains or rivers. Its coastline is indented with harbours, bays, creeks, sandy beaches and rocky coves. Gozo is connected to Malta by ferry and is more thickly vegetated, with many flat-topped hills and craggy cliffs. Comino, the smallest island, is connected to Malta and Gozo by ferry and is very sparsely populated.
 

 

Location:

Southern Europe, islands in the Mediterranean Sea, south of Sicily (Italy)

 

Area:

total: 316 sq km
land: 316 sq km
water: 0 sq km

 

 

map of malta
 

Population:

401,880 ( estimate 2007).

 

language:
Maltese (a Semitic language) and English are the official languages. Italian is also widely spoken.
 

 

Climate:
Warm most of the year. The hottest months are between July and September, but the heat is tempered by cooling sea breezes. Rain falls for very short periods, mainly in the cooler winter months.

Economy - overview:
Malta's agricultural sector is small, with potatoes being the only major export commodity. Despite being an island, the country's fishing industry is also relatively insignificant. With few natural resources, governments have sought to develop the economy through tourism and export-dedicated manufacturing. Tourism now accounts for over a quarter of Malta's foreign exchange earnings.

The industrial sector includes textiles, footwear and clothing, plastics, printing, electronic components and electrical equipment. The old naval dockyards used by the British have now converted to operate as a commercial shipyard.

Malta's membership to the EU was endorsed in March 2003 by popular referendum. Negotiations progressed fairly smoothly and Malta joined the EU in May 2004. The country joined the eurozone on 1 January 2008.

Growth hovered around 2.9% in 2006, while inflation was at 2.8%. Unemployment was estimated to be at 6.8% in 2005.

Economy:
Malta's agricultural sector is small, with potatoes being the only major export commodity. Despite being an island, the country's fishing industry is also relatively insignificant. With few natural resources, governments have sought to develop the economy through tourism and export-dedicated manufacturing. Tourism now accounts for over a quarter of Malta's foreign exchange earnings.

The industrial sector includes textiles, footwear and clothing, plastics, printing, electronic components and electrical equipment. The old naval dockyards used by the British have now converted to operate as a commercial shipyard.

Malta's membership to the EU was endorsed in March 2003 by popular referendum. Negotiations progressed fairly smoothly and Malta joined the EU in May 2004. The country joined the eurozone on 1 January 2008.

Growth hovered around 2.9% in 2006, while inflation was at 2.8%. Unemployment was estimated to be at 6.8% in 2005.
 

 

Industries:

 tourism; electronics, ship building and repair, construction; food and beverages, textiles, footwear, clothing, tobacco

 

Exports:
Potatoes, machinery and transport equipment

Imports:
Machinery and transport equipment, manufactured goods, food, drink and tobacco.
Main trade partners: Italy, France, UK, Germany and Singapore.

Exchange rates:
ro (EUR; symbol ) = 100 cents. Notes are in denominations of 500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of 2 and 1, and 50, 20, 10, 5, 2 and 1 cents.
http://www.worldtravelguide.net/country/162/money/Europe/Malta.html


GDP: US$5.5 billion (2006).
 

Exchange rates:

Useful links:

 

 

  Copyright By :  Kish Trade Promotion Center  2002