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Careers, Jobs and Education Resources for: Malta


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Great Britain formally acquired possession of Malta in 1814. The island staunchly supported the UK through both World Wars and remained in the Commonwealth when it became independent in 1964. A decade later Malta became a republic. Since about the mid-1980s, the island has transformed itself into a freight transshipment point, a financial center, and a tourist destination. Malta became an EU member in May 2004 and began to use the euro as currency in 2008. (from the CIA)
 
 

 

Economic Overview

Major resources are limestone, a favorable geographic location, and a productive labor force. malta produces only about 20% of its food needs, has limited fresh water supplies, and has few domestic energy sources. the economy is dependent on foreign trade, manufacturing (especially electronics and pharmaceuticals), and tourism. economic recovery of the european economy has lifted exports, tourism, and overall growth. malta adopted the euro on 1 january 2008.

Environmental Issues

Limited natural fresh water resources; increasing reliance on desalination

Government Type

Republic

Population

403,532 (july 2008 est.)

Location

Southern europe, islands in the mediterranean sea, south of sicily (italy)

Area

Total: 316 sq km land: 316 sq km water: 0 sq km

Slightly less than twice the size of washington, dc

Country Aliases

Conventional long form: republic of malta conventional short form: malta local long form: repubblika ta' malta local short form: malta

Capital

Name: valletta geographic coordinates: 35 53 n, 14 30 e time difference: utc+1 (6 hours ahead of washington, dc during standard time) daylight saving time: +1hr, begins last sunday in march; ends last sunday in october

Military Service

17 years 6 months of age for voluntary military service; no conscription (2008)

International Disputes

None

Sources: Central Intelligence Agency (CIA)

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