The strong momentum exhibited by the Maltese economy during the
last three years has continued during the first half of this year.
Indeed, figures published by the NSO show that the Maltese economy
grew by 4.1 per cent in real terms during the first half of 2016,
comparing favourably with the average growth for the past three
years. Nominally, GDP expanded by 6.1 per cent.
When compared quarter on quarter, Malta's GDP grew by 5.2
per cent. Seasonally adjusted data published today by Eurostat
shows that the Euro Area grew by 0.3 per cent during the second
quarter when compared to the first quarter.
Economic growth remained broad-based, with growth registered in
almost all sectors of the economy. Double digit growth rates were
recorded in the professional, scientific and technical sector (11.2
per cent), and the information and communication sectors (10.7 per
cent). Other notable private sector increases were also recorded in
real estate activities, agriculture,