Malta GDP Growth Rate
The Gross Domestic Product (GDP) in Malta expanded 0.90 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Malta averaged 0.47 Percent from 2000 until 2014, reaching an all time high of 4.10 Percent in the first quarter of 2002 and a record low of -3.40 Percent in the first quarter of 2009. GDP Growth Rate in Malta is reported by the Eurostat.
||2000 - 2014
Malta's economy is dependent on foreign trade (serving as a freight trans-shipment point), manufacturing of electronics and textiles, tourism and financial services. Tourism has also flourished over the years and now accounts for around 35% of Malta's Gross Domestic Product. As Malta currently offers a low-cost environment and an advantageous tax regime, it has become an attractive destination for those in the finance industry interested in an EU-compliant domicile. Malta joined the European Union in 2004. This page provides - Malta GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.