
Malta’s wages are expected to soar from 93% to 135% of the European Union’s Median Disposable Income by the year 2050.
This was revealed as part of the Malta Vision 2050 strategy announced by Prime Minister Robert Abela and Minister Silvio Schembri during an event in Gozo.
To put things into perspective, in 2023, the figure stood at €18,900. If it were to rise to 135% TODAY, then the wage would total around €27,500.
This would mean that, by 2050, the digits would theoretically be much higher!
That means we won’t just be catching up — we’ll be ahead of the curve.
This means that from today’s “just below average” bracket, we’re set to climb towards a future of prosperity.
Median Disposable Income isn’t just your salary. It represents the midpoint of income distribution — giving a better picture of what the typical person earns, after taxes and benefits.
Malta is also projected to land in the Top 5 EU countries for overall life experience by 2050. Right now, we sit at 13th place. Leading countries include Finland, Austria, and Slovenia.
The big push towards this progress is Malta Vision 2050 — a national strategy that’s aligning 30+ national strategies and over 1,800 initiatives under one vision.
Malta’s future progress won’t be measured just by how much we produce. Vision 2050 pushes for a wider definition of success, factoring in education, healthcare, community wellbeing, and income equality.
It’s no longer just about what we make — it’s about how we live.
#MaltaDaily