03/09/2026
How do we measure long-term prosperity in island economies like Malta? ๐ฒ๐น
KPMG Islands Group's 'Beyond GDP: Sustainable Economic Growth in Island Economies' report introduces the Planetary Wealth Framework, which recognises that sustainable prosperity depends on more than economic output alone.
Long-term value creation is shaped by how effectively societies steward and develop their full portfolio of assets, including:
๐ฑ Natural capital
๐ฅ Human capital
๐ค Social capital
๐๏ธ Institutional capital
๐๏ธ Physical capital
๐ก Knowledge capital
For island economies such as Malta, traditional measures like GDP do not always capture the full picture. Factors such as economic volatility, resource constraints and data gaps make it even more important to focus on the productive assets that underpin resilience, competitiveness and sustainable growth.
Read the full report: https://kpmg.com/mt/en/insights/2026/06/beyond-gdp-sustainable-economic-growth-in-island-economies.html
๐ฉ Get in touch with [email protected] to discuss further.