Provisional estimates for 2011 indicate that Gozo’s contribution to national Gross Domestic Product at market prices was 5.3 per cent, or €344.0 million, shown by figures released from the National Statistics Office today.

Gross Value Added (GVA) for Malta increased by 3.0 per cent in 2011, while that for Gozo went up by 2.5 per cent.

Gozo also experienced a drop in employment in construction activities and registered a slight decrease in population.

The NSO said that the economic activities which mainly contributed to growth in Gozo’s GVA included an 8.2 per cent increase in wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and storage; accommodation and food service activities; information and communication, and a growth of 4.9 per cent in public administration and defence; compulsory social security; education; human health and social work activities; arts, entertainment and recreation, repair of household goods and other services.

Mining and quarrying; manufacturing; electricity, gas, steam and air conditioning supply; water supply; sewerage, waste management and remediation activities experienced a drop of 4.4 per cent. Construction contributed negatively by 3.0 per cent, and financial and insurance activities; real estate activities; professional, scientific and technical activities; administrative and support service activities declined by 1.0 per cent.

Almost all industries registered an increase in total employment in both regions in 2011, although both regions experienced a decrease in employment in mining and quarrying; manufacturing; electricity, gas, steam and air conditioning supply; water supply; sewerage, waste management and remediation activities.

A decrease in unemployment was registered for both Malta and Gozo in 2011.

Malta experienced an increase in population.

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