Malta Insights

CorporateDispatchPro

EARLY SCHOOL LEAVING RATE HIGHER AMONG MEN

The total rate of early leavers from education and training stood at 12.8 per cent in 2020, down from 13.9 per cent the year before. Figures by the National Statistics Office show a steady drop from 2010, when the rate was at 21.4 per cent. The EU targets to bring early leavers to a maximum of 10 per cent in all member states.

The rate among females in Malta decreased from 14 per cent in 2010 to 10.2 per cent in 2020. Men registered a early leaver rate of 14.7 per cent in 2020, significantly higher than that among women, but it stood at 28.3 per cent 10 years before.

Educational attainment among the 20-24 age group was 85.1 per cent in 2020, up from 75.7 per cent in 2010. Youth educational attainment, considered as a minimum upper secondary educational level, was stood at 88 per cent among women and 82.6 per cent among men.

ALMOST HALF OF POPULATION REGISTERS A LOW LEVEL OF EDUCATION

The rate of person with a low level of education stood at 46.4 per cent in 2020, according to figures published by the National Statistics Office. A low educational attainment is defined as an educational level of less than two O level qualifications. The rate has been on a ten-year decline, falling gradually from 64.2 per cent in 2010.

CorporateDispatchPro

The number of men in the low-education bracket is 104,091 while 99,060 women form part of this category. The rate among women, however, stands at 47 per cent, higher than the 45.8 per cent incidence among men.

Just under 130,000 persons aged 15 and over are considered persons with a medium level of education, equivalent to 29.5 per cent of the population. This category comprises of persons with more than one O level qualification up to at least one A level qualification.

30.8 per cent of men had a medium level of education in 2020, up from 24.7 per cent in 2010. Among women, the rate rose from 20.6 in 2010 to 28.1 per cent ten years later.

Almost 106,000 people had a high education level, equivalent to tertiary qualifications, in 2020. The total rate was 24.1 per cent: 24.9 per cent among women and 23.4 per cent among men. In 2010, the rates stood at 13 per cent among women and 13.4 per cent among men. The rate emerged higher among women for the first time in 2013, but men registered higher rates in 2014 and 2017.

SELF-EMPLOYED MAKE 15% OF WORKING POPULATION

Nearly 40,500 persons in Malta are self-employed, equivalent to 15.1 per cent of all persons with a main job. Figures by the National Statistics Office show that just over 28,800 people registered as self-employed without employee between April and June this year, while close to 11,600 self-employed had other employees.

The rate of self-employed among men stood slightly above a fifth, with 9,200 self-employed men employing others and 22,600 having no other workers. The rate among women was eight per cent, 6,300 of whom had no employees while 2,300 employed at least one other person.

Compared with the second quarter of 2020, the share of total selfemployed dipped from 15.8 per cent of the workforce. The population of self-employed persons decreased by nearly 400 year-on-year.

Achieving financial ambitions

Our team of professionals takes a personal interest in your investment objectives with tailor-made portfolio planning and superior quality service. You can trust our long-term conservative approach to reach your financial ambitions.

CorporateDispatchPro

TOTAL EMPLOYMENT RISES IN Q2

The total number of persons in employment stood at 266,553 in the second quarter this year, an increase of 3.2 per cent from the same period in 2020. According to figures by the National Statistics Office, the total workforce grew by less than one per cent 438,000 to 441,800.

Three-fourths of persons in the 15-64 age group were employed, while the total share of individuals n employment reached slightly over 60 per cent, up by 1.4 per cent from the same period last year. Meanwhile, the rate of unemployed and inactive persons decreased by 0.4 per cent and 0.7 per cent, respectively.

Employment rates increased among both women and men aged 15 to 64 year-on-year. It rose by 1.2 per cent among women to reach 67.9 per cent in 2021, and by 0.7 per cent to reach 5.4 among men.