Tourism Industry Contribution to Malaysia’s Economy Increased to 14.9%
Tourism industry continued its significant contribution to the Malaysia’s economy with a share of 14.9 per cent in 2017 as compared to 10.4 per cent in 2005. Retail trade remained the largest share at 44.8 per cent (2005: 41.0%) and posted a double-digit growth of 12.4 per cent as compared to 10.5 per cent in the preceding year. This was followed by food & beverage serving services (16.3%) and accommodation (12.8%). The value added of tourism industry in Malaysia has been in upward trend since 2005 and is growing rapidly with an average annual growth rate of 11.2 per cent over the past twelve years.
Release Date : Friday 14, September 2018 1200
Malaysia’s economy grew by 4.5 per cent in the second quarter this year, slower than the first quarter growth 5.4 per cent. On a quarter-on-quarter seasonally adjusted, the GDP grew 0.3 per cent.
The declines in Agriculture and Mining & quarrying sectors have weighed down the overall performance of GDP. Nevertheless, the Services sector has supported the economic growth, while Manufacturing and Construction sectors continued to register favourable growth during the quarter. On the expenditure side, the momentum was spearheaded by the expansion in Private final consumption expenditure and Gross fixed capital formation.
Release Date : Friday 17, August 2018 1200
Malaysia’s SMEs GDP recorded a strong growth for 2017 at 7.2 per cent as compared to 5.2 per cent recorded in 2016. This performance exceeded Malaysia’s GDP and Non SMEs which registered 5.9 per cent and 5.1 per cent respectively. The contribution of SMEs GDP to Malaysia’s GDP increased to 37.1 per cent from 36.6 per cent in the previous year.
Value added of SMEs at constant prices 2010 was RM435.1 billion as compared to RM405.8 billion in 2016. In nominal terms, SMEs GDP recorded RM512.8 billion in 2017 (2016: RM463.5 billion).
Release Date : Friday 03, August 2018 1700
Starting 2018, the economic performance of each state is presented in the State’s Socioeconomic Report. Data on economy and social which covers Gross Domestic Product (GDP), Consumer Price Index, population, labour force, unemployment, income distribution and other principal information comprises in 15 reports for 13 states and 2 Federal Territories (Kuala Lumpur and Labuan).
Release Date : Thursday 26, July 2018 1700
Malaysia’s Gross Domestic Income 2017 grew 9.9 per cent driven by Gross Operating Surplus
Release Date : Thursday 26, July 2018 1200
Malaysia’s GFCF at current prices recorded a value of RM342.2 billion, an increase of RM25.4 billion from year 2016 and GFCF at constant prices amounted to RM298.5 billion. The performance of GFCF elevated to 6.2 per cent from 2.7 per cent in the previous year, spearheaded by the sturdy growth of Services and the double-digit growth of Manufacturing. Nevertheless, Mining and quarrying continued to posted a negative growth in 2017.
Release Date : Wednesday 25, July 2018 1200
In 2017, Malaysia’s economic performance improved at 5.9 per cent from 4.2 per cent in the previous year.
Release Date : Thursday 17, May 2018 1200
Malaysia's economic performance expanded to 5.9 per cent in 2017 as compared to 4.2 per cent in 2016. This performance was supported by a better growth recorded by most states in Malaysia. The growth was driven by the increase in manufacturing and services as well as rebound in the agriculture sector.
Release Date : Tuesday 08, May 2018 1200
Social Accounting Matrix (SAM) integrates the economic and social statistics in a single framework. SAM presents the distribution of income and expenditure in a balanced structure within the factors of production and institutions, namely households, financial & non-financial corporations, government and rest of the world.
Release Date : Monday 20, November 2017 1200
Net Capital Stock (NKS) which represents the wealth of Malaysia's economy increased to RM2.2 trillion and grew by 4.2 per cent.
Release Date : Tuesday 07, November 2017 1200
Contribution of ICT to the national economy registered 18.2 per cent (RM224.0 billion) in 2016. ICTGDP accounted for 13.4 per cent while e-Commerce for non ICT industries registered 4.8 per cent.
Release Date : Thursday 19, October 2017 1800
Final National Accounts Statistics (FNAS) 2005 provides a new benchmark for Malaysia’s economic statistics. The benchmarking includes the statistics that are used for the purpose of rebasing The Gross Domestic Product (GDP) and Producer Price Index (PPI)
Release Date : Friday 28, January 2011 1405