Denmark Denmark vs Malta Malta development indicators, 2024

Indicator
Denmark
Denmark, Value
Malta
Malta, Value
Denmark
Denmark, Rank
Malta
Malta, Rank
Denmark Denmark as % of
Malta Malta
Current account balance (% of GDP) 13 5.69 8 19 229 %
Exports of goods and services (% of GDP) 69.7 123 24 6 56.5 %
Foreign direct investment, net inflows (% of GDP) 4.21 175 26 1 2.41 %
GDP per capita (current US$) 71,852 42,347 11 27 170 %
GDP per capita, PPP (current international US$) 79,514 67,364 13 24 118 %
Imports of goods and services (% of GDP) 58.9 106 36 6 55.5 %
Inflation, consumer prices (annual %) 1.37 1.65 129 123 83.1 %
Net migration 25,639 6,323 34 52 405 %
Population, total 5,976,992 574,346 114 170 1,041 %

Demography and Health

In terms of demographic indicators, Denmark has a crude birth rate of 9.7 per 1,000 people, which is relatively higher than Malta's 8.1, ranking Denmark 24th and Malta 59th globally. Conversely, the death rate in Denmark is slightly higher at 9.8 compared to Malta's 7.3, with Denmark ranked 54th and Malta 73rd. The life expectancy at birth is quite favorable for both countries, with Denmark at 81.9 years (27th rank) and Malta leading at 83.5 years (3rd rank). The infant mortality rate, as represented by the under-5 mortality rate, is lower in Denmark at 3.4 per 1,000 live births compared to Malta's 5.5, where Denmark ranks 47th and Malta ranks 12th in this area. Both countries exhibit very low levels of undernourishment, at 2.5% of the population. Furthermore, Denmark faces a poverty headcount ratio of 12.4%, while Malta has a slightly higher ratio at 16.7%, ranking Denmark 30th and Malta 16th respectively.

Economy

Denmark's economy shows impressive indicators, as reflected in its GDP per capita, which stands at $71,852, earning it the 9th rank globally, while Malta's per capita GDP is $42,347, placing it 40th. Regarding purchasing power parity (PPP), Denmark ranks 10th with $79,514 compared to Malta's $67,364, ranked at 27th. The inflation rates are relatively low for both nations, with Denmark at 1.4% and Malta at 1.7%, ranking them 103rd and 99th respectively. Denmark benefits from high exports of goods and services, accounting for 69.7% of GDP (50th rank), while Malta, with a more trade-oriented economy, has exports accounting for an impressive 123% of GDP, giving it a rank of 11th. Conversely, imports in Denmark are at 58.9% of GDP (60th rank), whereas Malta's imports are even higher at 106%, placing Malta 7th globally.

Trade and Investment

In terms of foreign direct investment, Denmark sees net inflows of 4.2% of GDP, giving it a 36th rank, while Malta's net inflows are significantly high at 175%, resulting in a 2nd rank, demonstrating Malta's attractiveness for foreign investments. The current account balance also favors Denmark at 13% of GDP (2nd rank) compared to Malta's 5.7% (23rd rank). Furthermore, Denmark excels in technological development with high-technology exports amounting to $16.1 billion (38th rank), while Malta only registers $1.2 billion (75th rank).

Governance and Institutions

When comparing governance, Denmark consistently ranks higher in control of corruption (2.4, 2nd rank) and government effectiveness (2.0, 1st rank), whereas Malta scores 0.1 and 0.4, ranking 69th and 68th respectively. Denmark also demonstrates a strong rule of law and regulatory quality, ranking 4th and 5th globally with scores of 1.9 and 1.8 respectively, while Malta ranks 54th and 61st with lower scores of 0.7 for both indicators. Political stability is on par for both countries, with each scoring 0.9 and ranking 20th and 19th respectively.

Infrastructure and Technology

In terms of infrastructure, Denmark scores a logistics performance index of 4.1 (5th rank), indicating a high-quality trading and transport infrastructure, while Malta scores lower at 3.7 (11th rank). Denmark also leads in research and development expenditures, allocating 2.9% of GDP (11th rank), compared to Malta’s 0.6% (52nd rank). These figures present Denmark as a country that invests significantly in its technology and innovative capacities.

Environment and Sustainability

Denmark is a frontrunner in renewable energy, with 39.5% of its total energy consumption stemming from renewable sources, ranking 4th globally, compared to Malta's mere 8.6% (27th rank). Additionally, Denmark exhibits effective water resource management, with only 26.4% of its freshwater resources being withdrawn (9th rank), in stark contrast to Malta’s concerning level of 78.3% (1st rank), revealing a critical water stress issue. The total greenhouse gas emissions in Denmark are at 7 tons CO2e per capita (48th rank), significantly higher than Malta's 3.7 tons CO2e per capita (81st rank), which reflects better environmental performance by Malta despite its water challenges.