November 25, 2024
Malta has successfully maintained its A2 credit rating with a stable outlook, as confirmed by Moody's. The assessment reflects Malta’s rapidly growing and relatively diversified economy, as well as its capacity to offset the challenges posed by an aging population through the importation of foreign labor.
 
Moody's analysts highlighted that Malta's strong economic performance has endured despite a series of global shocks in recent years. They noted that as of summer 2023, Malta’s GDP was an impressive 25.4% higher than pre-pandemic levels, marking the strongest recovery within the Eurozone.
 
The report also commended the Maltese government for its “prudent” management of national debt. Moody's pointed out that 80% of Malta’s debt is denominated in euros and held domestically, a factor that safeguards the country against sharp increases in interest payments.
 
Malta’s performance and fiscal management continue to position the country as a robust and resilient economy within the European context.