The Services industry in Malta
The Maltese economy has been evolving very rapidly and is today a highly industrialised, service-based economy . T he relative decline of the share of agriculture and of industry in the Maltese economy coincided with the emergence of a large number of new operators in the services industry. Since Malta join ed the E uropean U nion way back in 2004, the share of the services industry has grown and is considered to be the largest increase experienced across the EU. In the decade before Malta’s accession to the European union , the main sectors that contributed most to the market were construction, real estate, financial services, education and public administration ; in the following ten years , the biggest sectors were financial services, IT , legal and accounting services, betting and education. The financial services sector is now the fastest growing sector of the economy in Malta. This means that there is growth potential in areas like Blockchain techn...