Malta Malta vs Slovenia Slovenia development indicators, 2024

Indicator
Malta
Malta, Value
Slovenia
Slovenia, Value
Malta
Malta, Rank
Slovenia
Slovenia, Rank
Malta Malta as % of
Slovenia Slovenia
Current account balance (% of GDP) 5.69 4.46 19 25 128 %
Exports of goods and services (% of GDP) 123 81.5 6 12 151 %
Foreign direct investment, net inflows (% of GDP) 175 2.69 1 44 6,493 %
GDP per capita (current US$) 42,347 34,089 27 36 124 %
GDP per capita, PPP (current international US$) 67,364 56,531 24 34 119 %
Imports of goods and services (% of GDP) 106 74.9 6 16 142 %
Inflation, consumer prices (annual %) 1.65 1.97 123 115 84 %
Net migration 6,323 3,319 52 60 191 %
Population, total 574,346 2,126,324 170 148 27 %

Demography and Health

In 2023, Malta had a birth rate of 8.1 per 1,000 people, slightly higher than Slovenia's 8 per 1,000, placing Malta at rank 59 compared to Slovenia's 64. The death rate in Malta was significantly lower at 7.3 per 1,000 compared to Slovenia's 10.2, with Malta ranked 73 and Slovenia 49. Life expectancy at birth in Malta is 83.5 years, giving it a strong third place ranking, while Slovenia's life expectancy stands at 82 years, ranking 24th. The under-five mortality rate indicates a better health outcome in Malta at 5.5 per 1,000 live births, ranking 12th compared to Slovenia's 2.2, ranked 79th. Additionally, Malta benefits from a relatively low prevalence of undernourishment at 2.5% of its population.

Economy

Malta exhibits a robust economic performance with a GDP per capita of $42,347 in 2024, ranked 40th globally, while Slovenia’s GDP per capita is $34,089, placing it 52nd. Malta has a higher GDP per capita when adjusted for purchasing power parity (PPP) at $67,364, compared to Slovenia's $56,531, which ranks Malta 27th against Slovenia's 49th rank. The country's reliance on exports is noticeable, with exports of goods and services at 123% of GDP, ranking 11th, while Slovenia’s figure is at 81.5%, ranked 34th. In terms of inflation, Malta shows greater stability with 1.7% compared to Slovenia's 2% in 2024. Furthermore, the unemployment rate in Malta is lower at 3.1%, compared to Slovenia’s 3.7%, ranking 74th to Slovenia's 66th.

Trade and Investment

Malta has a significantly favorable position regarding foreign direct investment, with net inflows constituting 175% of GDP, ranking 2nd, while Slovenia lags significantly with only 2.7%, being positioned 65th. The current account balance reflects Malta's strong economic health at 5.7% of GDP, ranked 23rd, while Slovenia's balance stands at 4.5%, ranked 27th. The reliance on imports is also notable with Malta at 106% of GDP, while Slovenia’s imports are lower at 74.9%, ranked 41st.

Governance and Institutions

Malta's governance and institutional quality appear to be less favorable compared to Slovenia. In 2023, Malta had a Control of Corruption score of 0.1, ranking 69th, whereas Slovenia scored 0.8, placing it better at 36th. Government effectiveness in Malta is rated at 0.4, with a ranking of 68, compared to Slovenia's 1, which ranks 39th. In terms of political stability, Malta stands at 0.9 and ranks 19th, while Slovenia's score of 0.8 ranks it 22nd. Regulatory quality and rule of law scores favor Slovenia with both countries scoring 0.7, but Slovenia is ranked higher at 56th, as opposed to Malta's 61st for regulatory quality, and 1 for rule of law compared to Malta's 0.7 ranked at 54th.

Infrastructure and Technology

In terms of internet usage, Malta leads with 92.1% of the population being internet users, ranked 34th, compared to Slovenia at 90.4%, ranked 47th. The logistics performance index is slightly in favor of Malta at 3.7, ranking 11th, while Slovenia scored marginally lower at 3.6, ranking 13th. Patent applications also highlight differences in innovation, with Malta receiving 5 applications, ranking 26th, while Slovenia stands at 222 patents, reflecting greater innovation activity and ranking 17th.

Environment and Sustainability

Environmentally, Slovenia outperforms Malta significantly in renewable energy consumption, with Slovenia at 23.4% of total final energy consumption, ranking 11th, while Malta stands at 8.6%, ranking 27th. However, Malta faces a critical water stress level at 78.3%, the highest among the metrics, contrasting starkly with Slovenia’s 6.3%, ranked 21st. In terms of greenhouse gas emissions, Malta’s emissions are at 3.7 t CO2e per capita, ranked 81st, while Slovenia, with 7.5 t CO2e, ranks better at 43rd. These factors illustrate the challenging environmental landscape in Malta compared to Slovenia's relatively sustainable practices.