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The Maltese Herald

Tag: SMEs

  • SMEs strengthen their position in 2024

    SMEs strengthen their position in 2024

    —

    by

    Maltese Herald
    in ,

    According to the latest NSO statistics, small and medium-sized enterprises strengthened their position in Malta’s non-financial business economy during 2024, generating 56.1% of its total value added, compared with 52.6% in the previous year. The non-financial business economy generated €14.8 billion in value added during 2024, an increase of 9.2% over the €13.5 billion recorded…

  • SMEs dominate Malta’s commercial economy

    SMEs dominate Malta’s commercial economy

    —

    by

    Ruth Zammit
    in ,

    According to the latest statistics by the NSO, small medium-sized enterprises (SMEs) in Malta made up 52.6% of the GDP generated of all commercial and non-financial activities in 2023. The construction industry has the highest number of small businesses with small businesses making up 84% of the industry according to the NSO. SMEs created up…