Malta is situated in the middle of the Mediterranean Sea, with Sicily located to north and Tunisia to the West. It's one of the smallest, yet most populated countries in the world. Malta was one of the last countries to break away from the British Empire and joined the European Union in 2004.
Malta has an advanced economy with an estimated GDP of $22.780. The country is home to a large supply of limestone resources but its economy generally relies on foreign trade, manufacturing and tourism. Malta is looking to become a global player in terms of its economy and has recently seen strong economic growth. The country's film producing, private and public sectors are also expanding. Malta is home to a strong legal system and two important commercial banks - Bank of Valletta and HSBC Bank Malta.
The tourism sector accounts for 35% of the country's GDP, with an estimated 1.2 million travelling to Malta each year. Popular destinations include the many historical architectural sites, museums & art galleries and a selection of beach resorts.
For those travelling to Malta on business, and looking for accommodation that is flexible, affordable and private, the serviced apartment industry offers the perfect alternative to a hotel room. Each apartment is different from the next but they all provide a more comfortable and enjoyable accommodation option.
Key Facts
Capital: Valetta
Population: 500,000
Currency: Euro (€) (EUR)
Language: Maltese, English
Dominant Religion: Roman Catholic
Time Zone: (UTC +1)
Main Exports: Machinery, Mineral fuels, Pharmaceuticals
Internet Domain: .mt
International Dial Code: +356