Direct investment in Malta up 20.4 bln euros in 2023


  • World
  • Thursday, 03 Oct 2024

VALLETTA, Oct. 2 (Xinhua) -- Direct investment in Malta went up by 20.4 billion euros (22.4 billion U.S. dollars) in 2023, reaching 430.5 billion euros, the National Statistics Office (NSO) reported on Tuesday.

The main contributors to total foreign direct investment (FDI) flows were financial and insurance activities with a total contribution of 88.8 percent.

In December 2023, the stock position of FDI saw an increase of 15 billion euros over the corresponding period of the previous year.

During 2023, direct investment flows abroad totaled 18.6 billion euros, mostly in the form of shares.

The stock position of direct investment abroad stood at 404.4 billion euros in December 2023, up by 12.5 billion euros over the stock position in 2022. (1 euro = 1.1 U.S. dollar)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Israel-Hamas ceasefire delayed after Netanyahu demands hostage list
Deaths in Colombia rebel violence double to 60, ombudsman says
Exclusive-German ambassador warns of Trump plan to redefine constitutional order, document shows
Russia says its forces capture two settlements in eastern Ukraine
Kenya sends another 200 police to fight gangs in Haiti
Migrants set fire in midnight camp raid in northern Mexico
Trump arrives in Washington as inauguration celebrations begin with Elvis impersonator, fireworks
Protesters storm South Korea court after it extends Yoon's detention
Libya plans to increase oil, gas production to 2 mln barrels per day over next 3 years
Feature: Chinese tourists expected to drive tourism growth as Egypt hosts record number of visitors in 2024

Others Also Read