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Malta Has One Of The Lowest Hourly Rate In EU

Malta is keeping costs down with some wage-raising restraint



Malta has seen one of the lowest rises in hourly labour prices among Euro area nations, according to the most recent Eurostat poll.


Malta experienced a minor growth in the first quarter of 2023 of 2.4%, whereas Lithuania, Bulgaria, and Romania all experienced significantly larger increases in the range of 13.2% to 15.7%.

According to figures from the European Union’s statistical office, the average increase in hourly labor costs over the same time compared to the prior year was 5.0% for the euro region and 5.3% for the EU.