Country Report Jan 2024

Malta is mostly free, helping businesses to flourish, but corruption is relatively widespread compared to regional peers. Foreign investors flock to the island, eager to participate in the financial services sector, but dependence on tourism and imports remain risks. The population is both falling and ageing, which lowers consumer market appeal and could pressure state coffers. Technologically, the country is advanced, with solid internet and mobile usage, and the development of a smart city.