ARTICLE · 22 JANUARY 2025

S&P Global Reaffirms Malta's Stable Credit Rating

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In December 2024, Standard & Poor Global Ratings reaffirmed Malta's long-term and short-term sovereign credit ratings at ‘A-/A-2', maintaining a stable outlook for the country's economy.

MaltaStrategy

In December 2024, Standard & Poor Global Ratings reaffirmed Malta's long-term and short-term sovereign credit ratings at 'A-/A-2', maintaining a stable outlook for the country's economy.

Malta's strong economic growth continues to demonstrate resilience, with a projected real GDP growth rate of 6.2% for 2024. Over the medium term, steady annual growth of around 4% is expected from 2025 to 2027.

Key drivers of this robust economic performance include:

– Tourism Growth: Tourist arrivals have increased by 19% in 2024 compared to the previous year, with spending up by 22%.

– Private Consumption: A thriving consumer market continues to positively contribute to economic activity.

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