Micro, small and medium-sized enterprises (SMEs) contributed to 56.1% of the value added generated by the non-financial business economy in Malta, the National Statistics Office said today.
The NSO noted that in 2024, the 9.2% value added growth in the non-financial business economy was mainly driven by the community well-being and mobility-related activities and SMEs.
The technological solutions, professional and business support activities domain registered the largest value added for 2024 (€5.3 billion).
The NSO said that SMEs were mostly dominant in the construction domain, accounting for 86.4 per cent of the domain’s value added.
Enterprises classified as Small Mid-Cap (SMC) registered €1.4 billion in value added, equivalent to 9.4% of the total for the non-financial business economy.
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