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Malta with highest percentage increase in building permits in EU

Malta with highest percentage increase in building permits in EU
Local

According to Eurostat, Malta has had the highest percentage increase in building permits in 2022 over the previous year.

Compared with 2021, building permits went up in only 9 EU countries last year, with Malta registering the highest increase at 29%.The island was followed by Spain (+28%), Croatia (+21%), Slovenia (+17%), Bulgaria (+12%), Italy (+8%), Hungary (+7%), Portugal (+3%) and France (+2%).

Building permits went down by almost 5% in the EU, following a 15% increase in 2021. In the remaining EU members not mentioned above, the decreases in the number of building permits spanned around -28% and -1% (Luxembourg and Romania respectively).

The number of building permits were impacted by the COVID-19 pandemic after having went up by almost 6% on average per year between 2015 and 2019.

#MaltaDaily