Forecast: Sports Activities, Amusement and Recreation Activities Output in Malta

The Sports Activities, Amusement, and Recreation Activities industry in Malta has shown substantial growth since 2013 but experienced significant fluctuations. The value in 2023 stood at €128.53 million, marking an 8.6% increase from 2022. Over the last five years, the Compound Annual Growth Rate (CAGR) was 4.43%. Despite a steep decline in 2020 due to the pandemic, the industry quickly rebounded, demonstrating resilience and a positive outlook.

Future trends to watch for:

  • Potential growth due to increased tourism and local participation in recreational activities.
  • Technological advancements in sports and entertainment sectors.
  • Sustainable and eco-friendly initiatives gaining popularity.

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