The US Central Intelligence Agency (CIA) reports that in 2002 Malta's gross domestic product (GDP) was estimated at $7 billion. The per capita GDP was estimated at $17,000. The annual growth rate of GDP was estimated at 2.2%. The average inflation rate in 2002 was 2.4%. The CIA defines GDP as the value of all final goods and services produced within a nation in a given year and computed on the basis of purchasing power parity (PPP) rather than value as measured on the basis of the rate of exchange. It was estimated that agriculture accounted for 3% of GDP, industry 26%, and services 72%.
According to the United Nations, in 2000 remittances from citizens working abroad totaled one million dollars, or about $3 per capita. Worker remittances in 2001 totaled $667,400. Foreign aid receipts amounted to about $4 per capita.