Malta may be a small European Union member state, but it helps to know that it’s potential on competitiveness remains to be seen. The Global Competitiveness Index indicates that the country had ranked very highly in categories such as Health, Institutions, Primary and Higher Education, training and Market Development.

However, the GCI also indicated that Malta lagged behind in terms of Labour and Market efficiency. Analysts say that this means Malta’s potential is not realized due to the lack of solidification.

Malta has a good GDP even if it is below the Euro area average. It had a growth rate of 2% in 2010, leaving behind its neighbours in the past 10 years. Malta’s economy also had the fastest growth in the Euro Union with 2.8% in 2011.

Malta’s Tourism also received a great number of tourist arrivals. In 2013, Malta is expected to go over 1.3 million tourist arrivals. In Malta, all foreign investments should be locally-owned, allowing the country to have a hold on the tourist industry of the country.

Malta’s high competitiveness and potential makes it a prime investment choice for the uncertain investor. Experts also commented that Malta’s technological achievements allowed the country to increase its economy by overcoming the natural disadvantages it has.