Communists: fewer than 100 (est.)
Member of: CCC, Commonwealth, Council of Europe, FAO, G-77, GATT, IBRD,
ICAO, IFAD, ILO, IMF, IMO, INTERPOL, ITU, IWC—International Wheat Council,
NAM,UN, UNDP, UNESCO, UNICEF, UPU, WHO, WIPO, WMO
Diplomatic representation: Ambassador Salvatore J. STELLINI; Chancery at 2017 Connecticut Avenue NW, Washington DC 20008; telephone (202) 462-3611 or 3612; there is a Maltese Consulate General in New York; US—Ambassador Sally J. NOVETZKE; Embassy at 2nd Floor, Development House, St. Anne Street, Floriana, Valletta (mailing address is P. O. Box 535, Valletta); telephone [356] 623653 or 620424, 623216
Flag: two equal vertical bands of white (hoist side) and red; in the upper hoist-side corner is a representation of the George Cross, edged in red
- Economy Overview: Significant resources are limestone, a favorable geographic location, and a productive labor force. Malta produces only about 20% of its food needs, has limited freshwater supplies, and has no domestic energy sources. Consequently, the economy is highly dependent on foreign trade and services. Manufacturing and tourism are the largest contributors to the economy. Manufacturing accounts for about 30% of GDP, with the textile and clothing industry a major contributor. In 1988 inflation was held to a low 0.9%. Per capita GDP at $5,100 places Malta in the middle-income range of the world's nations.
GDP: $1.9 billion, per capita $5,100; real growth rate 7.1% (1988)
Inflation rate (consumer prices): 0.9% (1988)
Unemployment rate: 4.4% (1987)
Budget: revenues $844 million; expenditures $938 million, including capital expenditures of $226 million (1989 est.)
Exports: $710 million (f.o.b., 1988); commodities—clothing, textiles, footwear, ships; partners—FRG 31%, UK 14%, Italy 14%