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Malta Fact Check

"The economy is expected to grow around 4% yearly to 2030."

Clyde Caruana Minister for Finance · PL
Our verdict
TRUE

Budget 2026 forecasts ~4% real GDP growth/yr through 2030 (4.0% 2025, 3.8% 2026, 3.5% 2027).

Full analysis

The claim in context

The Finance Minister has stated that Malta's economy is expected to grow at around 4% annually through 2030. The figure is an average over the medium-term forecast horizon and underpins the GDP projections in Budget 2026.

What the official forecasts say

Real GDP growth, % — published forecasts
2025
4.0%
2026
3.8%
2027
3.5%
2028–30 (avg)
~3.7%
Source: European Commission economic forecast for Malta; Budget 2026.

The forecast tapers slightly — 4.0% in 2025 to around 3.5% by 2027 — before a modest re-acceleration assumed in the outer years. "Around 4% yearly" is a fair averaged summary of the official trajectory.

Bottom line

The claim accurately reflects the published forecast horizon. Verdict: True.

Sources