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Malta Business Review | SPECIAL EDITION<br />

Market Indicators<br />

Global Competitiveness Index 2015/<strong>2016</strong><br />

Malta<br />

KEy Indicators<br />

Population (millions) 0.4<br />

GDP (US$ billions) 9.8<br />

Performance Overview<br />

11 th pillar:<br />

Business<br />

sophistication<br />

10 th pillar:<br />

Market sizet<br />

9 th pillar:<br />

Technological<br />

readiness<br />

12 th pillar:<br />

Innovationt<br />

8 th pillar:<br />

Financial market<br />

development<br />

1 st pillar:<br />

Institutions<br />

7 th pillar:<br />

Labor market<br />

efficiency<br />

2 nd pillar:<br />

Infrastructure<br />

6 th pillar:<br />

Goods market<br />

efficiency<br />

3 rd pillar:<br />

Macroeconomic<br />

environment<br />

4 th pillar:<br />

Healt and<br />

primary<br />

education<br />

5 th pillar:<br />

Higher<br />

education<br />

and training<br />

1934 saw the introduction of the<br />

innovative 135 daylight-loading singleuse<br />

cassette, forever changing the way<br />

photographers worked.<br />

GDP per capita (US$) 22,734.23<br />

GDP (PPP) per capita (US$) 36,004.96<br />

GDP (PPP) as share (%) of world total 0.01<br />

INNOVATE NOW<br />

GDP (PPP) per capita,<br />

current international dollars, 1980-2015<br />

$36,004.96<br />

The InnovFin SME Guarantee is a scheme run by the EIF, through which SMEs<br />

from eligible business sectors can benefit from <strong>low</strong>er cost finance, on the basis of<br />

a 50% loan guarantee. Facilties range between €25,000 and €2.4 million.<br />

The scheme is locally managed by APS Bank.<br />

2122 6644<br />

apsbank.com.mt<br />

Credit: World Economic Forum<br />

14<br />

The Banking Arrangement is supported by the InnovFin SME Guarantee Facility, with the financial backing of the European Union under Horizon 2020<br />

Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help<br />

support financing and implementing productive investments in the European Union and to ensure increased access to financing.<br />

Approved and issued by APS Bank Ltd, APS Centre, Tower Street, B’Kara BKR 4012. APS Bank Ltd is authorised by the Malta Financial Services Authority<br />

to act as a licensed Credit Institution under the Banking Act 1994. Terms and Conditions apply.

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