Luxembourg vs Malta development indicators, 2024

Demography and Health

Luxembourg has a crude birth rate of 9.5 per 1,000 people compared to Malta's 8.1, ranking 28th and 59th respectively. When it comes to the crude death rate, Luxembourg shows a lower figure at 6.6 versus Malta's 7.3, placing them at ranks 80 and 73 respectively. Both countries have high life expectancy rates, with Luxembourg at 83.4 years and Malta slightly higher at 83.5 years, ranking 4th and 3rd. The under-5 mortality rate highlights significant differences, with Luxembourg at 2.3 per 1,000 live births and Malta at 5.5, where Luxembourg is ranked 72nd and Malta 12th. Net migration is slightly lower for Luxembourg at 5,677 compared to Malta's 6,323, with Luxembourg ranking 78th and Malta 75th.

Economy

In terms of economic performance, Luxembourg excels significantly with a GDP per capita of $137,517 versus Malta’s $42,347, ranking 1st and 40th respectively. Luxembourg also leads in GDP per capita (PPP) with $150,772, while Malta’s is $67,364, reflecting Luxembourg's top rank and Malta's 27th rank. Exports of goods and services as a percentage of GDP provide further contrast, with Luxembourg at 216%, ranking 4th globally, compared to Malta's 123% at 11th rank. In terms of imports of goods and services, Luxembourg's 183% keeps it at the 3rd highest rank, while Malta at 106% ranks 7th. However, inflation rates are lower in Malta at 1.7% versus Luxembourg's 2.1%, ranking 99th and 92nd respectively.

Trade and Investment

Luxembourg's economy benefits from a strong performance in the export of high-technology goods, standing at $801.2 million, despite being lower ranked (79th) compared to Malta's $1.2 billion and a rank of 75. The current account balance sees Luxembourg leading with 13.8% of GDP against Malta's 5.7%, solidifying its position as the top-ranked economy in this regard.

Governance and Institutions

Governance metrics indicate that Luxembourg has a significantly higher performance across multiple indicators. In the control of corruption index, Luxembourg scores 1.9 compared to Malta's 0.1, with Luxembourg ranked 11th and Malta 69th. Government effectiveness sees a similar trend, with Luxembourg at 1.9 (ranked 5th) whereas Malta ranks 68th with a score of 0.4. In terms of political stability, Luxembourg scores 1.1 for a place at 3rd rank, while Malta sits at 19th with a score of 0.9. Regulatory quality in Luxembourg is rated at 1.9, earning it the top rank, while Malta's score of 0.7 positions it at 61st. Rule of law demonstrates a stark contrast as well, with Luxembourg at 1.8 (8th rank) compared to Malta at 0.7 (54th rank).

Infrastructure and Technology

Infrastructure quality in logistics is fairly comparable, with Luxembourg at 3.6 (ranked 13th) and Malta slightly better at 3.7 (11th). The expenditure on research and development also sheds light on the technological priorities of each country; Luxembourg invests 1% of GDP compared to Malta's 0.6%, with Luxembourg ranked 42nd and Malta ranked 52nd.

Environment and Sustainability

Environmental sustainability illustrates Luxembourg's commitment to renewable energy consumption at 20.5%, compared to Malta's much lower 8.6%, which ranks Luxembourg 13th and Malta 27th. Although Luxembourg has a high per capita greenhouse gas emission of 11.8 tons, it ranks 4th, while Malta’s lower emissions of 3.7 tons place it 81st. The issue of water stress is critical, where Luxembourg is ranked favorably (22nd) with a freshwater withdrawal rate of 4% of available resources, drastically better than Malta's strikingly high rate of 78.3%, affecting its 1st rank in water stress.”