Key Market Indicators
Maltese manufacturing output is projected to hit €3.7 billion by 2028, marking a modest annual growth rate of 1% from its current level of €3.5 billion in 2023. This data is based on a compound annual growth rate (CAGR) analysis. Since the turn of the century, Malta's manufacturing sector has seen an average annual increase of 5.3%. In the global rankings for manufacturing output in 2023, Malta secured the 35th position. Cyprus narrowly edged out Malta with an output of €3.5 billion. Italy, France, and Spain took the second, third, and fourth spots, respectively, in the same ranking.
