Malta with the Highest Growth Rates of GDP and Employment in the EU
During Q3 2018, Malta recorded the highest growth rates of GDP and employment among the EU28.
While it increased its GDP growth from Q2’s +6.2% to Q3’s +7.9% change when compared to the respective quarters of the previous year, the EU28’s GDP growth reduced from Q2’s +2.1% to Q3’s +1.8%. In relative terms, we can say that Malta is growing four times as much as the EU28’s average.
The same can be said to the employment growth rates, as Malta registered a +4.9% increase in Q3 when compared with the same quarter of the previous year, whereas the EU28 only recorded a +1.2% increase.
This ever-increasing gap in growth rates goes to show that the Maltese Government’s cautious economic policy is and will keep bearing its fruits in the long run.
Detailed Report: https://bit.ly/2zQnqka