Tag: expenditure
Malta’s GDP grows 6.6% in Q2, provisional estimates show
Malta’s gross domestic product (GDP) grows by €204m (6.6%) to €3.275b in the second quarter of the year, as compared to the same quarter in 2018. In volume terms, GDP increases by 4%.
Malta’s inbound tourism grows 5.5% in June
The total number of inbound visitors in Malta grew by 5.5% to an estimated 280,522 in June 2019, as compared to the corresponding month in 2018. Total expenditure also increased by 10.7% to an estimated €235.4m, over the corresponding month in 2018.
Malta’s R&D spending grows 12.3% to €7.2m in 2017
Total spending on research and development (R&D) activities in Malta was up by €7.2m (12.3%) in 2017, reaching €65.9m. The total expenditure came to 0.58% of Malta’s GDP. The 2018 government budget allocated €25.746m for R&D, €3.8m more than in 2017.
Malta spends more on social security benefits in 2018
Expenditure on social security benefits by the Maltese government is up by year-on-year 3% (€28.3m) to €965.2m by the end of 2018.
Maltese gov’t deficit grows to €62.9m by end-February
The Maltese government’s consolidated fund registers a deficit of €62.9m at the end of February, up from a deficit of €55m by the end of January.
Inbound tourism jumps 11% in December
Malta's inbound tourism grows in December 2018, as well as over the whole year, as compared to the same period a year earlier, the NSO finds.
