Malta - BNP årlig vekstrate

Malta's economic growth slowed to 4.0 percent year-on-year in the first quarter of 2019, the slowest rate since the fourth quarter of 2013, from an upwardly revised 5.4 percent in the previous three-month period. Household consumption (3.8 percent vs 5.3 percent in Q1), government spending (7.3 percent vs 20.8 percent) and fixed investment (0.8 percent vs 29.1 percent) increased much less. At the same time, exports dropped 0.2 percent (vs 3.2 percent in Q1) and imports declined 2.4 percent (vs 6.6 percent in Q1).

Malta's economic growth slowed to 4.9 percent year-on-year in the first quarter of 2019, the weakest rate since the third quarter of 2016, from an upwardly revised 7.6 percent in the previous three-month period. Household expenditure increased 3.9 percent, fixed investment advanced 31.8 percent and government spending rose 24.2 percent. By contrast, net external demand contributed negatively to the GDP, as imports jumped 6 percent and exports rose at much slower 0.9 percent.

Malta's economy advanced 7.2 percent year-on-year in the fourth quarter of 2018, quickening from a downwardly revised 7.1 percent growth in the previous period. It was the strongest expansion since the third quarter of 2017, as gross capital formation rebounded (0.8 percent vs -4.4 percent in Q3) while government spending increased faster (27.9 percent vs 5.7 percent). Meantime, both exports (-2.2 percent vs 4.8 percent) and imports (-2.2 percent vs 2.7 percent) fell. In contrast, household consumption increased at a softer pace (7.8 percent vs 8.1 percent). For 2018, GDP expanded 6.6 percent, slowing from a 6.7 percent gain in 2017.