Malta’s economy grew by 4.5% in real terms during the second quarter of 2026 compared with the same period last year, according to provisional figures from the National Statistics Office.
GDP reached approximately €6.5 billion between April and June, an increase of €417.1 million in nominal terms compared with the second quarter of 2025.
Services provided most of the growth
Service activities were the main contributor to the increase in economic output, adding 4.7 percentage points to growth in gross value added. Industry contributed a further 0.4 percentage points, while agriculture and fishing had a neutral impact.
Financial and insurance activities recorded particularly strong growth of 12.2%. Information and communication grew by 9.2%, while professional, scientific and technical activities increased by 7.5%.
Household and government spending increased
Final consumption expenditure rose by 6.7% in real terms. Household spending increased by 3.5%, while government final consumption expenditure grew by 14.7% compared with the same quarter of 2025.
Investment also increased, with gross fixed capital formation rising by 5.1%. Domestic demand contributed positively to overall economic growth, while foreign trade made a negative contribution of 0.7 percentage points.
Exports of goods and services increased by 3.0% in volume terms, while imports rose by 4.1%.
The latest result follows real GDP growth of 3.9% in the first quarter of 2026.
Source: National Statistics Office
