Tag: europstat
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Malta with the highest rate of remittances to Non-EU countries: €52.1 billion in remittances sent outside the EU in 2024
According to the latest Eurostat statistics, Malta has the highest rate of money outflows to non-EU countries with up to 2.8% of its GDP flowing to non-EU countries in 2024. Malta was followed by Cyprus at 0.9% and Belgium with 0.6%. The countries receiving the highest surplus of money inflows from non-EU countries were Croatia…
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Malta’s small businesses lead in country’s service export share among EU member-states
According to the latest Eurostat figures, in 2022 up to 86% of Maltese service exports were by small businesses. Malta’s small service exporters come first among EU-member states in their share of their country’s total service exports. Estonia followed Malta with 59% and Luxembourg with 49%. Maltese service exporters include financial services practitioners and the…