,
UNESCO, UNIDO, UPU, WCL, WHO, WIPO, WMO, WTO

Diplomatic representation in US:
chief of mission: Ambassador Albert Borg Olivier DE PUGET
chancery: 2017 Connecticut Avenue NW, Washington, DC 20008
telephone: [1] (202) 462-3611, 3612
FAX: [1] (202) 387-5470
consulate(s): New York

US diplomatic representation:
chief of mission: Ambassador Joseph R. PAOLINO, Jr.
embassy: 2nd Floor, Development House, Saint Anne Street, Floriana,
Malta
mailing address: P. O. Box 535, Valletta
telephone: [356] 235960
FAX: [356] 243229

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

@Malta: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
24% of GDP, with the electronics and textile industries major
contributors and with the state-owned Malta drydocks employing about
4,300 people. In 1994, over 1,000,000 tourists visited the island. Per
capita GDP of $10,760 places Malta in the range of the less affluent
EU countries.

National product: GDP - purchasing power parity - $3.9 billion (1994
est.)

National product real growth rate: 4.4% (1994 est.)

National product per capita: $10,760 (1994 est.)

Inflation rate (consumer prices): 5% (1994 est.)

Unemployment rate: 4.5% (March 1994)

Budget:
revenues: $1.4 billion
expenditures: $1.4 billion, including capital expenditures of $215
million (FY94/95 est.)

Exports: $1.3 billion (f.o.b., 1993)
commodities: machinery and transport equipment, clothing and footware,
printed matter
partners: Italy 32%, Germany 16%, UK 8%

Imports: $2.1 billion (c.i.f., 1993)
commodities: food, petroleum, machinery and semimanufactured goods
partners: Italy 27%, Germany 14%, UK 13%, US 9%

External debt: $603 million (1992)

Industrial production: growth rate 5.4% (1992); accounts for 27% of
GDP

Electricity:
capacity: 250,000 kW
production: 1.1 billion kWh
consumption per capita: 2,749 kWh (1993)

Industries: tourism, electronics, ship repairyard, construction, food
manu