Provisional figures for Malta’s external transactions – published by the National Statistics Office – show that between July and September 2025, a surplus of €642.3 million was recorded in the current account compared to a surplus of €534.3 million in the corresponding quarter of 2024.
This outcome was mainly driven by a surplus in the services account (€2,176.7 million), which was partly offset by deficits in the goods account (€807.5 million), primary income account (€696.4 million) and secondary income account (€30.5 million).
Over the same period, the capital account registered a surplus of €59.3 million, reflecting a decrease of €38.4 million compared to the third quarter of 2024.
The net amount recorded in the financial account stood at €638.1 million, an increase of €75.6 million when compared to the value recorded in the same quarter of 2024.
This development was largely attributable to a net asset increase in direct investment (€1,602.4 million), which was partly offset by net asset decreases in portfolio investment (€585.7 million), financial derivatives (€264.9 million) and other investment (€72.4 million). Reserve assets fell by €41.3 million during the same period.
