S&P Reaffirms ‘A-/A-2' Ratings With Positive Outlook

A Standard and Poor's (S&P) credit rating report confirms Malta's 'A-/A-2' long-term and short-term ratings and reaffirms the outlook of the Maltese economy as 'positive'. 

The 'positive' rating outlook is supported by the expected continuing strong growth performance coupled with consistent current account surpluses, together with the improving budgetary position and fiscal management. 

The report also outlines that the Maltese economy has enjoyed another year of strong, economic expansion driven by net exports. Investments in energy and logistics were also important contributors.

S&P notes that the structural shifts in the economy have created new employment opportunities and the unemployment rate declined to 4 per cent in 2017. Reforms made by the government have improved participation rates, particularly among women.