Tag: GDP
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Malta GDP grows 6.4% in Q4 2025, reaching €6.3 Billion – NSO
Provisional estimates published by the National Statistics Office show that Malta’s Gross Domestic Product (GDP) reached €6.3 billion in the fourth quarter of 2025, an increase of €442.2 million or 7.6% compared to the same quarter of 2024. GDP equally rose by domestic demand and export demand with both at 3.2%. Compared to the fourth…
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Gozo and Comino make up 4.3% of Malta’s GDP
According to recently released NSO statistics, Gozo and Comino made up 4.3% of Malta’s total GDP in 2024 (€992.9 million). Gross value-added increased by 10.4% and 8.7% respectively. GDP per capita in Gozo came at 59.8% compared to the Malta region which came at 103%. NSO statistics also state that Gozo is more dependent on…
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GDP Growth in the EU exceeds expectations and rises to 0.4% in the third quarter: 0.3% for the Euro area
According to the latest Eurostat statistics, GDP growth in the EU and the Euro area has exceeded expectations with 0.4% and 0.3% growth in third quarter respectively. Expectations for Euro area growth were at 0.2%. Compared to the same quarter of last year, seasonally adjusted GDP growth was 1.4% higher in the Euro area and…
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Malta’s GDP grows by 3% and 5.7% in nominal terms in the last quarter
Malta’s gross domestic product grew by 3% in real terms in the last quarter, with a 5.7% nominal growth, according to the latest statistics by the National Statistics Office. Growth came from domestic demand at a 1.6% increase and foreign trade with a 1.5% increase. Total GDP for the third quarter of this year was…
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EU estimates a 1.5% growth rate for 2025: Malta retains highest growth forecast for 2026
According to the latest release by the European Commission, the European Union’s GDP growth rate for Autumn was 1.4% with the estimate for the end of the year marked closer to 1.5%. The Euro area is set to grow at the lower rate of 1.3%. Malta has retained the highest economic growth forecast for 2026…
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GDP and Employment increase by 0.1% in the Euro area in the second quarter of this year: Malta at 0.6%
GDP in the Euro area increased by 0.1% and 0.2% in the EU comparted to the previous quarter according to the latest EuroStat figures. In the first quarter of 2025, GDP had increased by 0.6% in the Euro area and 0.5% in the EU. The primary drivers of GDP growth were household expenditure followed by…
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The US economy contracts for the first time since the start of Russia’s war on Ukraine
According to figures released yesterday by the US Bureau of Economic Analysis, the US contracted for the first time since the first quarter of 2022. The GDP contracted by 0.3% owing to a surge in imports which are calculated negatively by the BEA. The surge in imports probably came due to stockpiling to premeditate US…
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Eurozone economy records slight growth in Q4 2024 amidst stagnation concerns
In the final quarter of 2024, the Eurozone economy recorded a slight increase in Gross Domestic Product (GDP) increasing by 0.1%, which overturned the initial estimate of no growth, according to Eurostat’s latest statistics. The small rise brings the annual growth rate to 0.9%, consistent with the previous quarter. Even with this better adaptation, the…
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Malta’s GDP in Q3 up by 7.9% compared to last year’s
Latest NSO figures show that Malta’s GDP growth came at 4.9% for Q3 at around €5.8 billion, and 7.9% higher than last year’s €5.4 billion. Economic growth was boosted by industry and exports as well as higher consumption levels while services growth declined compared to last year’s third quarter. The economy is also being buoyed…
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Some context on today’s GDP statistics
Robert Abela is quick to declare victory laps but it is important to give some context to the 3.9% growth rate registered in Q2 before assuming that things are all fine. Apart from the seasonality aspect of the figure, the statistics also showed slowing local consumption, paired with European recessionary vibes. The growth rate is…
