Advertisement
The Maltese Herald
APS : 0.57 AXR : 0.41 BMIT : 0.35 BOV : 1.74 CVS : 1.00 FIM : 0.16 GHM : 0.87 GO : 2.70 HLI : 0.23 HRV : 0.97 HSB : 1.36 IHI : 0.45 LOM : 0.80 LQS : 0.19 LSI : 0.49 LSR : 1.00 MDI : 0.25 MDS : 0.45 MIA : 5.95 MLT : 0.55 MMS : 1.32 MPC : 0.35 MSC : 0.33 MTP : 0.47 MZ : 0.58 PG : 1.89 PZC : 0.63 RS2 : 0.52 RS2P : 0.60 SFC : 6.70 STS : 1.25 TML : 1.00 TRI : 1.12 VBL : 0.20
Culture News Sports
The Maltese Herald

GDP growth leveling down according to forecasts: higher than 2019 levels

—

by

Maltese Herald
in ,

According to the latest report by the National Statistics Office, GDP growth for the first quarter of this year was 3%, as it continues to level down from its post-Covid highs after the economy was re-opened. GDP gross nominal growth was at €5.5 billion, an increase of €283.5 million, or 5.4%, compared to the same quarter of last year. Total nominal capital GDP growth is higher than the same quarter of 2019 by 79.5%.

Economic growth in the first quarter was mainly driven by the finance sector follow by the transport sector and accommodation.

The Central Bank of Malta estimates that annual GDP economic growth will level down to 3.1% by 2027.

Figures below by the NSO.

 

 

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *