Value-for-Money

While Malta cannot claim the highest productivity nor can it claim the lowest cost, analysis shows that balancing various costs, such as productivity with working hours, Malta ranks very favourably as a value-for-money location in which to do business.  In particular, Malta’s value added/hourly labour cost ranks Malta ahead of the UK, Ireland, France and Italy and ahead of all of the established EU economies.  It has low minimum wage and compensation costs relative to EU-15 and provides the best value for money compared to other EU countries when productivity is compared to labour costs incurred.48

Salary costs in Malta are 40 – 50% of those in Ireland, the UK, France, Belgium, the Netherlands and Luxembourg. When social security costs and other employment taxes are factored in, Malta’s total labour costs are also competitive when compared to the newer EU member states and significantly lower than other established members of the European Union.