Foreign Residents Make Up 28% Of Total Population In Malta
New statistics shows that foreign residents make up 28% of Malta’s current population and are mostly youths, balancing out the growing local ageing population.
A recent report made by The National Statistics Office, shows a leap in Malta’s foreign population, standing at around 158,368 individuals as of 2023.
Between 2022 and 2023, the foreign population grew by 15.3%, in comparison to the mere 0.1% local population growth. In terms of age and sex, the Maltese population sits at a balanced 49.8% males and 50.2% females, with the median age being 43-years-old.
Meanwhile, the foreign population contains a male majority, with the sex being 61.1% of the population, while 38.9% are female. However, in contrast to the locals, foreign residents are primarily made of individuals standing at a median of 32 years of age, a full 10 years younger than that of the nation’s.
With the rapid increase in foreign residents consisting primarily of young adults ranging from mid-twenties to thirties, the statistic sets off a stark contrast in the current old-age dependency ratio (OADR).
The old-age dependency ratio is determined by the number of individuals aged 65 years old or older for every 100 persons of working age, meaning people aged 20 till 64 years old.
The report shows that within the Maltese population, the ratio has substantially increased annually, from 28.2 in 2012 to 41.8 in 2023. The increase, apart from being affected by the growing ageing population, could also be attributed to the fact that Malta has one of the lowest fertility rates in the continent.
Meanwhile, the foreign population’s increase contributed to a decline in the foreign OADR, where in 2012 it was 17.0, and currently stands at 4.4 as of 2023.
Despite the climbing population of ageing Maltese individuals, the corresponding increase in foreign youths balances out the total ratio.
What do you make of these statistics?