Foreign Direct Investment (FDI) flows in Malta increased by two billion euros during the first half of 2022 as the overall stock position increased to €208.6 billion, according to data released by the National Statistics Office.
The main contributors to this increase in total FDI flows were financial and insurance activities, with a total contribution of 97.6 per cent.
In June 2022, the stock position of FDI amounted to €8.3 billion more than the corresponding period a year earlier.
In terms of direct investment abroad (referring to investments made by Maltese investors in foreign economies), the stock position stood at €57.8 billion in June 2022, down by €0.748 billion compared to June 2021.
Financial and insurance activities made up 98.9 per cent of total FDI abroad, as flows totalled €3.2 billion, mainly in the form of claims by direct investors.
According to the OECD, FDI has continued its upward trend that started in 2021 after a significant low in 2020.
Malta, along with the rest of the European Union, is expected to avoid a recession, with inflation expected to continue declining to 5.6 per cent and 2.5 per cent in the Eurozone in 2023 and 2024 respectively, there are signs of a challenging but positive economic outlook.
Global wealth management firm Apollo in Malta to talk about private wealth
The global wealth management company has $1 trillion AUM and recently joined as a member of PEVCA Malta
BOV strengthens business banking through integration and client focus
BOV Chief Commercial Officer Simon Grech explains how consolidating operations at The Quad has strengthened the bank’s offering to businesses
It costs 143% of minimum wage to rent a two-bedroom flat in Valletta – report
A worker earning minimum wage would theoretically need to spend more than their salary on rent