The country came top of 49 destinations on the Rainbow Europe Index, which examines issues such as family rights and gender recognition among LGBTQ (lesbian, gay, transgender and queer/questioning) groups.
Malta was awarded an 88% score with regard to laws and policies impacting LGBTQ people, ahead of Norway on 78%, with the UK third (76%) and Belgium fourth (72%).
It comes after Malta became the 15th EU state to introduce same-sex marriages under its new marriage equality act.
Peter Vella, Malta Tourism Authority UK and Ireland director, said: “We are delighted that Malta has been recognised once more as the number one destination for LGBTQ travellers in Europe.
“As a modern and forward-thinking country, the Maltese people continue to warmly welcome the LGBTQ community and to set an example to the rest of Europe,” Vella said.
This year, Malta held its inaugural Gay “Festa”, which took place between July 21-23, with DJs from the UK and across the world performing in some of the island’s best clubbing venues.
The annual Malta Pride Week will also take place between September 4-10.