Key Market Indicators
Malta is set to see an increase in its Information and Communications Technology (ICT) exports and revenue over the coming years. According to figures, the country's ICT exports are predicted to reach €112.8 Million in 2026, up from €105.6 Million in 2021. This represents an annual growth rate of 0.7%. Since 1995, the country's ICT exports have risen by 0.6% each year. In 2021, it ranked in the 95th place, with Peru at the top with €105.6 Million. India, the United States and China were ranked 2nd, 3rd and 4th respectively. Malta is also set to experience an increase in ICT revenue, which is projected to reach €4.3 Billion in 2026 from €3.4 Billion in 2021. This equates to a year-on-year growth rate of 3.8%. Since 2013, the country's ICT market has grown by 16.5% each year. In 2021, Malta was listed in the 29th spot, with Latvia ahead with €3.4 Billion. The United Kingdom, France and Ireland were ranked 2nd, 3rd and 4th in this list.