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Gozo's contribution to the GDP

Gozo’s contribution to the national gross domestic product at market prices is 5.9 per cent, or €335 million, according to provisional estimates for last year.

The National Statistics Office said that gross value added (GVA) for Malta grew by 5.1 per cent in 2008, while that for Gozo went up by 3.7 per cent. Most service activities continued to contribute positively towards Gozo’s gross value added. Employment in industry, including in the energy sector, declined in both islands.

Gozo accounted for 9.3 per cent of the total increase in employment in 2008.

An increase in total employment was registered in both Malta and Gozo last year, mainly driven by the services sectors.

Declines in employment were experienced in the primary and industry sectors, however, employment in Gozo’s agriculture and fishing sector registered slight increases.

A decline in unemployment was registered for Malta in 2008, whilst Gozo experienced a slight increase.

Both regions experienced a continued growth in population.

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