The Malta Film Commission Publishes An Independent Economic Report
In recent years, our country’s film industry has significantly boosted its contribution to the Maltese economy, and employment within the sector has increased. While the financial incentives were substantial, the returns on these were significantly higher, resulting in a positive economic balance for the country. This conclusion is based on an economic report being published with this press release, which analysed the impact of the film industry from 2018 to 2025. It shows that the total contribution to Malta’s Gross Domestic Product (GDP) during this period was €1,208 million. Compared with the period from 2005 to 2017, this figure is six times larger, indicating strong industry growth.
Besides, whereas prior to 2018 the industry was very seasonal, in recent years it has shown consistent expansion, a trend that has spurred investment and led many to acquire the skills required for a career in this industry.
In fact, where employment is concerned, the results are five times better, to an increase of 2,500 people, evidence that quality jobs are being created.
The economic report, which analysed data from the Malta Film Commission using advanced methodologies, also examined the fiscal impact of financial incentives. It shows that Government revenue generated by film activity consistently exceeded the cost of the cash rebate. As a result, between 2018 and 2025, the positive balance was €12 million per year, four times that of the period between 2005 and 2017, when it stood at €3 million annually.
Finally, this study confirms that the growth of the film industry has benefitted several other economic sectors. The most directly and positively affected sectors are accommodation, food services, travel and transport-related services, and sectors linked to arts and entertainment.
The economic report describes film industry funding as a direct injection of foreign capital that adds value to the Maltese economy. Although this expenditure is only one aspect of the film industry’s positive impact, as the published report attests.
