Malta a growing economy in Italy is an influential economy of the entire continent because of its growing trade rates and rapidly evolving industrial sectors well equipped cutting edge technologies. The nation rich in abundance of natural resources and tons of natural wonders like picturesque landscapes, lush greeneries, valleys, and mountains is considered a biodiversity hotspot because of its unique ecosystem and wildlife. The island country of Italy with a land area of 316 square kilometers is the smallest in the world both in terms of land area and population with a total no of 514,000.
The different government reforms including the increase in export production, diversifying economic trends, and rebuilding of transportation ports along with the substantial contribution of the finance and tourism sectors have recorded a GDP of 20 billion US dollars with an export trade value of 18 billion US dollars.