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During the third quarter of 2020, Gross Value Added (GVA) for Information and Communication rose by 6.5% when compared to the same quarter last year - December 16, 2020 - 0 comments Infographic - Malta's IT Services GVA index

Malta’s tech sector displayed strong resilience during 2020 where an increase in digital literacy amongst society along with continuous developments in the ICT sector has led to significant improvements in the Gross Value Added (GVA).

The digital transformations of the economic system including a well educated and skilled workforce contributed to the momentum of the system itself improving the quality of life and the value of the goods and services produced. An increasing GVA despite facing new challenges and a global pandemic demonstrates the resilience of the tech sector where Malta continues to grow stronger against all odds.

Source: NAO News Release: Short-term Services Indicators: Q3/2020

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