Mon - Fri: 9:00 - 17:30
Sat-Sun Closed
+356 21244895
Phone
55/1 Giuseppe Calì Street XBX1425 Ta' Xbiex Malta

STATISTICS MALTA

Malta: International Economic and Financial Transactions Q1/2023

Pin It

INDICATORI DEI SERVIZI A BREVE TERMINE Q12023During the first quarter of 2023, Malta registered a current account deficit of €5.1 million. 

Provisional figures for Malta’s external transactions show that during January-March 2023, the current account balance recorded a deficit of €5.1 million, compared to a deficit of €43.8 million in the same quarter of the previous year. This deficit was primarily the result of a negative balance recorded in the goods account (€516.7 million), primary income account (€502.3 million) and secondary income account (€90.3 million). This was partly offset by a positive net balance in the services account (€1,104.2 million).

During the first quarter of 2023, the capital account registered a positive net balance of €144.3 million, €91.2 million higher than the figure recorded in the first quarter of 2022.

The financial account was shaped by net asset increases of €937.8 million, an increase in the balance of net assets of €2,356.3 million when compared to the value recorded in the same quarter of 2022. The development in the financial account balance was mainly brought about by positive net asset balances in direct investment (€778.3 million) and portfolio investment (€587.5 million). This was partly offset by negative net asset balances in other investment (€414.8 million) and financial derivatives (€29.4 million). Reserve assets increased by €16.2 million during the same period (Table 1).

 

logo.png

ARTICLE WRITTEN BY NSO 

FOLLOW THE UPDATES ON NSO 

Image
Image
Image
Image
Image
Image
Image
Image
Image
© Copyright 2024 MALTESE ITALIAN CHAMBER OF COMMERCE. All Rights Reserved.