The Malta GDP composition by sector shows significant reliance on the services sector, comprising 56.91% of GDP, reflecting a diverse service-based economy. Wholesale and retail trade, restaurants, and hotels contribute 16.34%, highlighting robust domestic trade and tourism. Transport, storage and communication hold an 11.62% share, while mining, manufacturing, and utilities make up 9.73%, showcasing moderate industrial activity. Construction accounts for 4.03%, indicating stable infrastructure development. Agriculture, hunting, forestry, and fishing represent a minimal 1.37%, reflecting limited agricultural dependency.
Future trends to watch:
- Potential growth in digital services could further increase the services sector's dominance.
- Efforts to diversify the economy might shift focus towards sustainable manufacturing and green construction practices.
- Tourism sector developments could enhance retail trade and hospitality contributions.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 56.91 | 2016 | |
| 2 | 2 Wholesale, retail trade, restaurants and hotels | 16.34 | 2016 | |
| 3 | 3 Transport, storage and communication | 11.62 | 2016 | |
| 4 | 4 Mining, Manufacturing, Utilities | 9.73 | 2016 | |
| 5 | 5 Construction | 4.03 | 2016 | |
| 6 | 6 Agriculture, hunting, forestry, fishing | 1.37 | 2016 |