Tag: Eurostat
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European companies generated up to €38.7 trillion in revenues in 2024
According to the latest Eurostat figures, around 34 million enterprises in the EU generated more than €38.7 trillion in net turnover in 2024. The businesses employed some 164.5 million people and generated €10.9 trillion in value added. Europe’s largest companies are responsible for a disproportionate share of this turnover. Enterprises employing more than 249 people…
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Inflation in Europe goes higher in July: Brent Crude goes higher this week
According to Eurostat, the EU’s inflation rate hit 3% in July while the rate in the Euro area hit 2.9%, up from 2.8% in June. A year earlier, inflation stood at 2.4% in the EU and 2% in the Euro area. The countries with the highest inflation rates were Romania at 8.2%, Lithuania at 5.4%,…
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Burglaries increase in Malta in 2024 but still down by 18% since Covid Pandemic: -3.1% in the EU
Burglaries in Malta went down by 18.4% in 2024 compared to their 2019 level going down from 5,187 to 4,235 according to the latest Eurostat figures. Comparatively, they went down more significantly than the EU’s average which went down by 3.1%, falling from approximately 5.43 million in 2019 to 5.26 million in 2024. The largest percentage…
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Malta’s retail trade grows as services production declines
According to the latest Eurostat figures, Malta’s retail trade volume increased by 0.6% in May compared with the previous month, exceeding the increases of 0.5% recorded across the European Union and 0.2% in the Euro area. Compared with May 2025, Malta’s retail trade volume grew by 4.7%, more than double the annual increases of 1.9%…
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Clarification on the timing of NSO inflation statistics
We would like to clarify that, following further verification, the National Statistics Office has not delayed the scheduled publication of Malta’s inflation statistics. The confusion arose because Eurostat published a comprehensive country-by-country set of preliminary inflation figures in advance of the complete national and European releases. Instead of limiting its 1 July publication to the…
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Malta with the third lowest median age in Europe: but there is a caveat
According to the latest Eurostat statistics, Malta has the third-lowest median age in the European Union, at 40 years. This is significantly lower than the EU average of 44.9 years and places Malta behind only Ireland, which has the lowest median age at 39.6 years, and Luxembourg, with a median age of 39.8 years. Despite…
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Household saving rate decreases to 14.8% in the Euro area comapred to last year
According to the latest data issued by Eurostat household savings rate decreased to 14.8% in the Euro area last year compared to 15% in 2024. The drop was mainly driven by household consumption rising faster than income. The household investment rate increased slightly from 8.7% to 8.8% Gross capital formation is increasing faster than disposable…
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Maltese most to complain in the EU about online purchasing problems with online apps
Consumers in Malta are the most likely in the European Union to report problems when buying goods or services online through websites or mobile applications, according to new figures released by Eurostat. The statistics show that 64.0% of online shoppers in Malta reported encountering problems when making purchases online, the highest share recorded among EU…
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Malta ranks among EU leaders in business use of cloud computing
More than half of EU enterprises used paid cloud computing services in 2025, according to new EU data. Across the bloc, 52.7% of businesses paid for cloud services such as online software, data storage and computing power. This marks an increase of 7.4 percentage points compared to 2023 and a significant rise from 17.8% in…
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EU energy poverty eases in 2024, but 9.2% still unable to heat their homes
In 2024, 9.2% of the European Union’s population was unable to keep their homes adequately warm, according to Eurostat. This represents an improvement of 1.4 percentage points compared with 2023, indicating some relief after the peak of the recent energy crisis. Nevertheless, the data shows that energy poverty remains a significant and uneven problem across…
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Malta with the largest increase in nightly bookings in Europe
Malta has recorded the largest increase in nightly bookings in European Union last year according to the latest Eurostat statistics. Malta was competing for this place against Cyprus which came in the ninth place for 2025. The total increase of nightly bookings in Malta last year was up by 10%. The Eurostat figures are also…
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Bulk of profits in the European Union come from large enterprises and financial corporations
According to the latest statistics by Eurostat, the bulk of the profits in the EU are made by big enterprises and financial corporations. Large enterprises are defined companies with 249 employees and more. The profit share of non-financial companies in the EU was 40.1% in 2024 down by 1.6% in the previous year. In 2024,…