Off the wire
• 4th international coffee conference wraps up in Ethiopia's capital  • BiH faces challenges of terrorism, radicalization: Security Minister  • New UN initiative issued to protect millions of girls from child marriage  • LME base metals decrease on Tuesday  • Immune system compound can kill respiratory virus in babies: study  • 1st LD: One Israeli killed, nine injured in ongoing stabbing attack in Jaffa  • Unemployment level in Switzerland drops in February  • Number of Yemenis forcibly displaced by war alarming: UNHCR  • Chadian president arrives in Sudan's Khartoum  • Big brands suspend deals with Sharapova after doping confession  
You are here: 　 Home

Malta's economy up by 6.3 pct in 2015

Xinhua, March 9, 2016 Adjust font size:

The Gross Domestic Product(GDP) in Malta registered a year-on-year increase of 6.3 percent in real terms in 2015, according to the official figures released by Maltese government on Tuesday.

The economic performance reflected strong increases in both investment and private consumption. In 2015, investment activity increased by 21.4 percent, or 269.3 million euros (296.10 million U.S. dollars), while private consumption increased by 5.1 percent, or 203.3 million euros, over the previous year. Exports of goods and services also registered an increase of 2.4 percent.

The majority of sectors in the archipelago recorded positive growth.

The strong growth in the service sectors more than compensated for the marginal decline of 0.4 percent in the manufacturing sector.

In addition, government expenditure growth decelerated, increasing by 4.8 percent compared with a growth rate of 6.4 percent registered in 2012. Enditem