ARTICLE
17 September 2015

Malta Registers Second Highest GDP Growth Across Euro Zone And EU28 In Q2 2015

CG
CSB Group

Contributor

Established in 1987, CSB Group offers diverse yet specialised business solutions and commercial services to a vast portfolio of corporate and private clients seeking to setup a business or relocate to Malta. With an 100+ team of qualified professionals we strive to be a partner of choice to our clients, providing them with tailor-made solutions, uniquely aimed at helping them succeed.
According to a second estimate released by Eurostat, the seasonally adjusted GDP in the second quarter of 2015 rose by 0.4% across the euro zone and the EU28 over the first quarter of 2015.
Malta Strategy

According to a second estimate released by Eurostat, the seasonally adjusted GDP in the second quarter of 2015 rose by 0.4% across the euro zone and the EU28 over the first quarter of 2015. Malta's GDP went up by 1.1% along this year's second quarter, being the second highest in the EU.

Compared with the second quarter of 2014, the seasonally adjusted GDP increased by 1.5% and 1.9% in the euro zone and within the EU 28 respectively, while during the first quarter of 2015 the GDP went up by 1.2% and 1.7% across the same areas respectively.

All EU member states registered an increase in GDP, except for France, where the situation remained stable. Latvia registered the highest increase – 1.2%, followed by Malta with 1.1%, Czech Republic, Spain and Sweden (1.0%), Greece and Poland (0.9%), Slovakia (0.8%), Estonia, Croatia, Lithuania, Slovenia and the UK with 0.7%. The Netherlands, Austria and Romania registered the lowest growth at 0.1%.

The GDP in the US along the second quarter of 2015 increased by 0.9% over the first quarter of the year and grew by 2.7% when compared with the second quarter of 2014.

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