Tag: GDP

GDP fell by 14.9% between April and June 2020

Provisional estimates indicate that the Gross Domestic Product (GDP) for the second quarter of this year amounted to €2,825.2 million, registering a decrease of €494.3 million, 14.9% when compared to the corresponding period of last year. In volume terms, GDP fell by 16.2%

Central Bank predicts billion-euro deficit, 6.6% economic contraction

Malta’s economy will likely shrink by some 6.6% this year as a result of the Covid-19 pandemic while the government deficit is set to surpass the €1 billion mark, according to the Central Bank of Malta’s latest economic forecasts.

Maltese gov’t debt to GDP falls by 3.4% in Q2 2019

Malta’s gross general Government Debt to Gross Domestic Product (GDP) has fallen by 3.4% in the second quarter of 2019, compared with the same...

Over 2% of Maltese GDP lost to tax evasion in 2016

Over 2% of Malta’s Gross Domestic Product (the economy) in 2016, was lost to international tax evasion, a new European Commission study finds.

Will the world experience a global recession in 2020?

The Federation of International Employers (FedEE) has been forecasting that by the third quarter of 2020, the world will be experiencing a global recession.FedEE...

Maltese Pension entitlements reached €5bn in 2016

While total pension entitlements have gradually risen €5 billion over the four years between 2012 and 2016, their share as a percentage of GDP...