MALTA PIL 2015 +6,3%, so close to Italy, so far away

MALTA GDP up by 6.3% last year

il resto dell’Europa e del Mediterraneo visto dall’alto…

Maltaway is here to help you to relocate and invest in Malta, for yourself, your business, your wealth, your people….how can I help you?

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From TIMESofMalta

Gross Domestic Product in real terms went up by 6.3 per cent last year, making the economy one of the best performers in the EU, official figures issued today show.

GDP in 2015 amounted to €8,796.5 million, an increase of €712.3 million or 8.8 per cent (nominal) when compared to 2014.

The production approach

During 2015, Gross Value Added (GVA) increased by €626.3 million when compared to 2014. This was mainly generated by wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and storage; accommodation and food service activities which increased by €154.0 million or 9.6 per cent; professional, scientific and technical activities; administrative and support service activities, which increased by €144.9 million or 17.9 per cent; and public administration and defence; education; human health and social work activities which increased by €93.1 million or 6.9 per cent.

A drop of €2.9 million or 0.4 per cent was registered in manufacturing.

The expenditure approach

In 2015, total final consumption expenditure in nominal terms increased by 6.2 per cent and by 4.9 per cent in real terms when compared to 2014. Gross fixed capital formation increased by €401.8 million in nominal prices and by 21.4 per cent in real terms.

Real exports and real imports increased.

The income approach

Compared to 2014, GDP at current prices went up by €712.3 million, and was estimated to have been distributed into a €189.9 million increase in compensation of employees, a €449.2 million increase in gross operating surplus of enterprises, and a €73.2 million increase in net taxation on production and imports.

Considering the effects of income and taxation paid and received by residents to and from the rest of the world, Gross National Income (GNI) at market prices 2015 was estimated at €8,567.5 million.

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Commissione Europea, Malta deficit a 1,1% e debito sotto il 60%

Commissione Europea, Malta deficit a 1,1% e debito sotto il 60%

In Europa, con l’Euro c’è chi sa far bene e attira sempre più cervelli e capitali...MALTAway è il vostro accesso alle opportunità di Malta, per capitali, aziende, individui….servizi legali, societari, di investimento e di relocation, dalla vostra casa alla consulenza per passare alla struttura di miglior Governance aziendale

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Strong wage growth and record-low unemployment boosted economic growth • Public investment is expected to decrease on the back of the phasing out of the capital injection to the national airline

The European Commission expects deficit in 2016 to further decrease to 1.1% of GDP whilst the debt ration is projected to fall further in 2015 to 64% of GDP, also thanks to the expected repayment of some tax arrears from the public energy utility corporation.

It is expected to follow a downward path and to reach 58.7% of GDP by 2017.

In its winter 2016 economic forecast, the European Commission described Malta’s economic performance as having a “robust growth outlook”

“Real GDP growth peaked in 2015 on the back of strong investment and supported by private consumption. Growth is expected to moderate in 2016 and 2017 with the phasing out of the major investment projects. The general government deficit and debt are forecast to decline further also thanks to the favourable macroeconomic conditions,” the European Commission said.

In an initial reaction, Prime Minister Joseph Muscat said that the European Commission estimates show that Malta will wipe out the increase in national debt accumulated by the three previous administrations.

The Commission found that the “main engine of growth continued to be investment” with large ongoing energy investment projects, while private consumption expanded by 5.1% on the back of strong wage growth and record-low unemployment.

http://www.maltatoday.com.mt/news/national/61915/european_commission_forecasts_further_decline_in_maltas_deficit_debt#.VrOFnvnhDIU

Sempre più persone e capitali verso Malta, dopo il record del PIL in Europa, registra il record di crescita del prezzo delle case

Sempre più persone e capitali verso Malta, dopo il record del PIL in Europa (+8%), registra il record di crescita del prezzo delle case

Eurostat data shows a 2.3% increase in house prices in the euro area in the third quarter of 2015

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e per la tua casa a Malta

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 The House Price Index for the European Union has measured a 2.3% increase in house prices in the euro area, with Malta showing the highest quarterly increase of 6.2% for the third quarter of 2015.

Eurostat data shows that there was a 3.1% increase in the EU in the third quarter of 2015, when compared with the same period of the previous year.Compared with the second quarter of 2015, house prices rose by 1.0% in the euro area and by 1.3% in the EU in the third quarter of 2015.

Among the Member States for which data are available, the highest annual increases in house prices in the third quarter of 2015 were recorded in Sweden (+13.7%), Austria (+9.3%), Ireland (+8.9%) and Denmark (+7.2%). Falls were observed in Latvia (-7.6%), Croatia (-3.0%), Italy (-2.3%) and France (-1.2%).

The highest quarterly increases were recorded in Malta (+6.2%), Ireland (+4.5%), Austria (+4.1%), Sweden and the United Kingdom (both +3.9%), and the largest falls in Hungary (-5.9%), Slovenia (-3.5%) and Estonia (-1.9%).

MALTA 3Q 2015 GDP +8% nominal, + 5,4% real

MALTA 3Q 2015 GDP +8% nominal, + 5,4% real

Malta a gonfie vele, PIL 3 Trimestre + 8%, il meglio in Europa (e nel mondo)

Strong economic growth underpinned by significant investment

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Official figures show that in the third quarter of 2015, the Maltese economy continued to register robust growth, with a GDP growth of 5.4 per cent in real terms and 8.0 per cent in nominal terms. The rate is the highest rate in the Eurozone, surpassing its average of 1.6 per cent.

More importantly, official figures show that economic growth was broad based. Indeed, during the first three quarters, particularly strong increases were registered in the professional, scientific and technical sector and administration and support activities (17.5 per cent) and the financial and insurance sector (11.7 per cent). Other notable private sector increases were also recorded in real estate activities and wholesale and retail trade and accommodation and food service activities. The very strong growth in the service sectors more than compensated for the marginal decline in the manufacturing sector.

The increase in real GDP was underpinned by a considerable increase in investment which increased by 21.5 per cent during the first nine months of 2015 and consumer expenditure increasing by around 4.6 per cent. This remarkable growth in investment is in line with Government policy to reform pivotal sectors of our economy and to actively encourage the development of new growth sectors. Both will provide the foundation of further growth in the years to come. Exports of goods and services also increased by 2.5 per cent in the first three quarters of 2015.

Growth in Government expenditure during the first nine months was contained at 1.8 per cent while in the third quarter of this year, Government expenditure declined by 5.4 per cent in real terms when compared with the same period of 2014.

The benefits of this economic growth were not limited to investment and exports but were transmitted to firms and employees. Indeed, it is encouraging to note that profits, during the first three quarters of this year, increased by 11.5 per cent or €300.9 million while salaries in the form of compensation of employees increased by 4.7 per cent or €124.6 million.

Commenting on these results, Minister for Finance Edward Scicluna remarked: “Latest GDP figures released by NSO, confirm that the Maltese economy is registering strong and broad-based growth. This augurs well for the sustainability of our economic growth”.

http://www.financemalta.org/publications/articles-interviews/articles-and-interviews-detail/strong-economic-growth-underpinned-by-significant-investment

And the EU winner is … MALTA: PIL 2015 +3,9%

Malta GDP growth of 3.9% in 2015

MALTAway è un portale che nasce con una visione olistica di servizi integrati rivolti al mondo Business, Finance, HNWIs e consumers

MALTA è la nuova Svizzera e il meglio del Nord Europa in mezzo al Mediterraneo, il posto migliore per il successo e la protezione tua, della tua famiglia, del tuo business, del tuo patrimonio, per divenire insieme a te la SINGAPORE del Mediterraneo

‘Consumer demand remains key driver of eurozone recovery in second half of year’

Malta’s GDP is expected to grow by 3.9 per cent in 2015 and 2.9 per cent in 2016, according to the October 2015 issue of the EY Eurozone Forecast (EEF). This year’s forecast is up from EY’s June prediction of three per cent, and is higher than the European Commission’s forecast of 3.6 per cent growth and the IMF’s projection of 3.1 per cent.

http://www.timesofmalta.com/articles/view/20151004/business-news/ey-predicts-malta-gdp-growth-of-39-in-2015-29-in-2016.586905

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MALTA il meglio in Europa: 2Q 2015 PIL +7,3% nominale e +5.2% in termini reali

MALTA il meglio in Europa: 2Q 2015 PIL +7,3% nominale e +5.2% in termini reali …. ben sopra le previsioni

Nominal GDP up 7.3% and real up 5.2% in second quarter

Con MALTA way puoi avere accesso alle opportunità di Malta, la nuova Svizzera e il miglior Nord Europa in mezzo al Mediterraneo, da una vacanza al corso di Inglese, alla ridomiciliazione della tua impresa o alla tua nuova residenza fiscale e a tutti gli strumenti di protezione del tuo patrimonio, della tua impresa, della tua famiglia 

Provisional estimates indicate that the Gross Domestic Product (GDP) for the second quarter of 2015 amounted to €2,116.1 million, an increase of 7.3 per cent over the corresponding period last year. In real terms, GDP went up by 5.2 per cent.

During the second quarter of 2015, growth in Gross Value Added (GVA) was mainly generated by professional, scientific and technical activities, administrative and support service activities which increased by 18.1 per cent; public administration and defence, education, human health and social work activities which increased by 6.9 per cent; wholesale and retail trade, repair of motor vehicles and motorcycles, transportation and storage, accommodation and food service activities which increased by 5.8 per cent; and mining and quarrying, manufacturing, electricity and water supply, sewerage, waste management and remediation activities which increased by 9.0 per cent.

Total final consumption expenditure in nominal terms increased by 4.5 per cent. In real terms, total final consumption expenditure increased by 3.4 per cent. Gross fixed capital formation increased by €116.8 million in nominal prices and by 24.3 per cent in real terms. Real exports and real imports decreased.

Compared to the corresponding quarter last year, GDP at current prices went up by €144.0 million, and is estimated to have been distributed into a €30.4 million increase in compensation of employees, a €107.3 million increase in gross operating surplus of enterprises, and a €6.2 million increase in net taxation on production and imports.

Considering the effects of income and taxation paid and received by residents to and from the rest of the world, Gross National Income (GNI) at market prices for the second quarter is estimated at €2,196.5 million

http://www.maltatoday.com.mt/business/business_news/56795/gdp_up_52_in_second_quarter#.VevktRHtmko

 

MALTA, nel gruppo di testa tra le nazioni Europee che hanno registrato un miglioramento nel settore trainante dell’economia, le medie e piccole imprese

MALTA, nel gruppo di testa tra le nazioni Europee che hanno registrato un miglioramento nel settore trainante dell’economia, le medie e piccole imprese

La Commissione Europea consolida e certifica i successi di Malta nel settore SMEs nel difficile periodo della crisi globale 2008-2013, con reali segnali di ripresa per l’occupazione, il valore aggiunta e la crescita dimensionale

Le SMEs a Malta rappresentano il 99.8% delle attività e valgono il 73.2% del valore aggiunto e il 78% degli occupati del settore privato (non finanziario).

Nel periodo considerato il settore SMEs è cresciuto di 4,800 (+20%) imprese per un totale di 28,905 aziende, il valore aggiunto prodotto è aumentato del 16.7% e ha consentito un’espansione di  7000 posti di lavoro per un totale di 98,000 (+7.7%).

Le proiezioni per il 2015, mostrano un ulteriore incremento di 1,500 nuove imprese, con nuovi 4000 posti di lavoro

Che tu sia un imprenditore, un investitore, una persona dotata di competenze ed energia, fai un confronto con quello che hai visto in Italia gli ultimi 5 anni, con quello che ti ho consigliato di leggere nel post precedente riguardo il futuro economico e indistriale del bel paese http://maltaway.wordpress.com/2014/10/06/litalia-e-un-problema-per-leuropa-ma-soprattutto-per-i-suoi-cittadini-italiani-e-per-chi-ha-sottoscritto-il-suo-debito-in-parte-le-2-cose-coincidono-maltaway-ti-aiuta-a-capire-le-alternati/

…..e vieni a MALTA con Maltaway, MALTA non è solo una grande opportunità per le grandi imprese, ma per molti

http://www.maltatoday.com.mt/business/business_news/44544/malta_fares_well_in_eurostat_retail_trade_statistics#.VDJFUfl_uSo

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