4.1 Regional Gross Domestic Product
The first section of this chapter provides a summary of recent developments in the Maltese economy, highlighting major changes in regional economic statistics by industry NACE A*10/11. Macroeconomic activity and economic growth within each respective region are measured by Gross Value Added (GVA) at basic prices and Gross Domestic Product (GDP) at market prices, based on the production approach. The prevailing economic activity within the regions is explained by the respective GDP per capita. The second part of this chapter focuses on the development in the construction activity being measured by the number of approved buildings permits and new dwellings.
Last Updated: 09 January 2026
Salient Points
Gross Value Added at basic price: 2024
… for the regions of Malta and Gozo and Comino GVA increased by 10.4 and 8.7 per cent respectively over 2023.
… all industries in Malta region registered increases in GVA, with the largest increase (18.0 per cent) being recorded in the industries of Real estate activities (L).
… all industries in the Gozo and Comino region registered increases in GVA when compared to the previous year, with the industries of the Public administration and defence; Compulsory social security; Education; Human health and social work activities (O, P and Q) registering the largest increase of 14.0 per cent.
GDP at market prices: 2024
…GDP at market prices in the regions of Malta, and Gozo and Comino was estimated at €22,104.4 million and €992.9 million respectively, corresponding to 95.6 and 4.3 per cent of national GDP at market prices.
… GDP per capita in Gozo and Comino region stood at 59.8 per cent when compared to corresponding estimates at national level.
Active businesses at local unit level: 2023
… total active business population at the local unit level in MALTA amounted to 63,583, an increase of 10.5 per cent, or 6,057 active units, over 2022.
… most of the active businesses operated in the Northern Harbour district (34.1 per cent), whereas the Gozo and Comino district accounted for the least share at 7.6 per cent of the total active businesses at local unit level.
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4.1.1 Percentage industry contribution to GVA by industry A*10/11 and region (NUTS 3)
Reference year: 2024
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4.1.2 Regional contribution to GVA (B.1g) by industry A*10/11 and region (NUTS 3)
Reference year: 2024
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4.1.3 Per capita regional GDP at market prices by year (NUTS 3)
GDP per capita trends by region from 2020-2024
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Tables
Maps
4.1.1. 1km2 grid showing active businesses at local unit level: 2023
Notes:
1. The data in the maps includes statistically relevant residential units and excludes government entities.
2. Data for 2023 should be considered as provisional with a cut-off date of 27th June 2025.
3. Each grid cell represents an area of 1km2.
4. Each grid cell shows the count of BRs in that particular area. Grid cells containing less than three BRs are omitted.
Methodological Notes
1. All data in this section is in line with the European System of Accounts (ESA 2010) (ISBN 978-92-79-31242-7) and the manual on Regional Accounts Methods (ISBN 978-92-79-32357-7). The European System of National and Regional Accounts is an internationally compatible accounting framework for a systematic and detailed description of a total economy (whether this is a region, a country, or a group of countries), its components, and its relations with other total economies. Regional accounts are a regional specification of the corresponding accounts of the total economy.
2. The estimates of the national Gross Value Added (GVA) correspond to the news release Gross Domestic Product: Q2/2024 – NR159/2024 for 2000-2019 and Gross Domestic Product: Q3/2025 – NR220/2025 for 2020-2024. Data in this news release, Regional Gross Domestic Product: 2023, should be considered as final up till 2020 and provisional for 2021 to date.
3. GVA estimates in this news release are based on the Production Approach. The estimates of regional GVA at basic prices using the Production Approach is equivalent to the difference between output at basic prices and intermediate consumption at purchasers’ prices of industries physically located in each of the respective regions. Regional GDP is defined as regional GVA plus taxes less subsidies on products. Regional GDP is not a measure of income or financial well-being but strictly relates to the economic activity prevailing in a particular region.
4. The nomenclature of territorial units for statistics (NUTS) provides a uniform breakdown of the economic territory of the European Union. The NUTS is the territorial classification for the compilation of regional accounts. The economic territory of a country can be divided into regional territories and the extra-regio territory. For the purpose of regional accounts, MALTA is divided as follows:
| NUTS 0 | NUTS 1 | NUTS 2 | NUTS 3 | |
| MALTA | MT | MT0 | MT00 | |
| Malta | MT001 | |||
| Gozo and Comino | MT002 | |||
| Extra-Regio | MTZ | MTZZ | MTZZZ |
The regional territory includes the region that is part of the geographic territory of a country and any free zones, including bonded warehouses and factories under customs control in the region. The extra-regio territory is made up of parts of the economic territory of a country that cannot be attached directly to a single region.
5. Data users must be aware that the industrial activities of the General Government at national level are spread over 21 different NACE categories (at A88 divisions) and include local councils and extra-budgetary units that are financially dependent on Government. Public administration and defence; compulsory social security (NACE 84) is the largest division and, in terms of GVA, represented approximately 41.2 per cent of the General Government sector in 2024.
6. Data users must be aware of improvements made in Section K whereby the regional breakdown of the Financial Intermediation Services Indirectly Measured (FISIM) was compiled on the basis of actual deposits and loans registered in each respective region.
7. Total employed persons (Table 3) includes full-time employees, employees with a part-time job as their primary occupation, and self-employed. Employment data is based on administrative records from JobsPlus. Employment data at national level for years 2000-2012 correspond with Table 3 of news release Regional Gross Domestic Product: 2014-2019 – NR206/2020, employment data for years 2013-2018 correspond with Table 2 of news release Regional Labour Supply by Place of Residence and Work: 2018-2020 – NR179/2021, employment data for year 2019 correspond with Table 2 of news release Regional Labour Supply by Place of Residence and Work: 2021 – NR175/2022, employment data for year 2020 correspond with Table 2 of news release Regional Labour Supply by Place of Residence and Work: 2022 – NR174/2023, employment data for years 2021-2022 correspond with Table 2 of news release Regional Labour Supply by Place of Residence and Work: 2023 – NR180/2024, while employment data for years 2023-2024 correspond with Table 2 of news release Regional Labour Supply by Place of Residence and Work: 2024 – NR174/2025.
8. This news release is being published at NACE Rev. 2 at A*10/11. Employment data provided by JobsPlus are subject to revision.
9. Statistics in this news release for reference years 2020, 2021 and 2022 should be interpreted in the context of the COVID-19 situation.
10. More information may be accessed at:
11. A detailed news release calendar is available online.
12. European statistics related to Regional GVA and GDP are available here.
