economy
April 16, 2026
Cheaper fuel in Malta, but more expensive rent
Last year, about three million tourists visited Malta. It is expected that there will be even more this year, says Elena Brinkat, a tour guide.
TL;DR
- Malta has the cheapest diesel and gasoline prices in the European Union.
- State measures prevent significant fuel price hikes despite global market fluctuations.
- Apartment rentals average around 1,000 euros per month.
- Tourism is a dominant economic sector, contributing 36% to GDP.
- Malta expects a significant increase in tourist numbers, with enhanced flight connections.
- High-paying industries include IT, finance, gaming, and pharmaceuticals.
- The country is focusing on historical tourism, diving, gastronomy, and film tourism.