mbr special edition 2016 low (1)

Malta Business Review | SPECIAL EDITION
key economic indicators
2.1: Country/Economy Profiles
MALTA ECONOMIC PROFILE
th
Malta 40 / 138
Global Competitiveness Index
2016-2017 edition
Key Indicators, 2015 2016
Population (millions)
GDP (US$ billions)
Performance overview
Global Competitiveness Index 40 4.5
Subindex A: Basic requirements 29 5.4
1st pillar: Institutions
2nd pillar: Infrastructure
3rd pillar: Macroeconomic environment
4th pillar: Health and primary education
Rank / 138 Score (1-7) Trend Distance from best
38 4.5
40 4.7
21 5.8
18 6.4
Subindex B: Efficiency enhancers 41 4.5
5th pillar: Higher education and training
6th pillar: Goods market efficiency
7th pillar: Labor market efficiency
8th pillar: Financial market development
9th pillar: Technological readiness
10th pillar: Market size
38 5.0
30 4.7
41 4.5
41 4.4
20 5.8
126 2.5
Subindex C: Innovation and sophistication factors 41 4.0
11th pillar: Business sophistication
12th pillar: Innovation
Source: International Monetary Fund; World Economic Outlook Database (April 2016)
40 4.3
41 3.7
0.4
9.8
GDP per capita (US$)
GDP (PPP) % world GDP
Edition 2012-13 2013-14 2014-15 2015-16 2016-17
Rank 47 / 144 41 / 148 47 / 144 48 / 140 40 / 138
Score 4.4 4.5 4.4 4.4 4.5
11th pillar:
Business
sophistication
10th pillar:
Market size
9th pillar:
Technological
readiness
12th pillar:
Innovation
8th pillar:
Financial market
development
Malta
1st pillar:
Institutions
7
6
5
4
3
2
1
7th pillar:
Labor market
efficiency
2nd pillar:
Infrastructure
6th pillar:
Goods market
efficiency
Middle East and North Africa
3rd pillar:
Macroeconomic
environment
4th pillar:
Health and primary
education
5th pillar:
Higher education
and training
22734.2
0.01
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Most problematic factors for doing business
Inadequately educated workforce
Inefficient government bureaucracy
Access to financing
Poor work ethic in national labor force
Insufficient capacity to innovate
Restrictive labor regulations
Inadequate supply of infrastructure
Tax rates
Corruption
Tax regulations
Policy instability
Inflation
Foreign currency regulations
Government instability
Crime and theft
Poor public health
15.4
14.6
11.5
9.7
9.4
7.4
6.8
6.7
4.8
3.9
2.9
2.8
1.8
1.2
0.9
0.0
Source: World Economic Forum, Executive Opinion Survey 2016
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0 4 8 12 16
Note: From the list of factors, respondents to the World Economic Forum's Executive Opinion Survey were asked to select the five most problematic factors for doing business in their country
and to rank them between 1 (most problematic) and 5. The score corresponds to the responses weighted according to their rankings.
Credit © 2016 World Economic Forum
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