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The Contribution of Information & Communication Technology and e-commerce recorded 23.0 percent to GDP in 2022
The contribution of ICT and e-commerce to the national
economy was recorded at 23.0 per cent with a value of RM412.3 billion. The
performance was contributed by the
Gross Value Added of the ICT industry (GVAICT) at 13.6 per cent and
the e-commerce of other industries at 9.4 per cent. ICT and e-commerce showed
an increase of 14.8 per cent compared to 12.2 per cent in the previous year.
GVAICT recorded RM243.7 billion with a growth of 12.4 per
cent compared to 7.8 per cent in the previous year. This growth was supported
by the ICT manufacturing industry with a better growth of 21.3 per cent
compared to 11.0 per cent in 2021.
Gross Value Added of e-commerce registered RM239.1 billion
with a growth of 18.9 per cent in 2022 compared to 22.7 per cent in the
previous year. The contribution of e-commerce to GDP was 13.3 per cent
comprising e-commerce in ICT industries at 3.9 per cent and e-commerce of other
industries at 9.4 per cent.
Exports of ICT products increased to RM444.5 billion with a
growth of 24.9 per cent in 2022 compared to 13.1 per cent in the previous year.
The ICT goods (90.9%) influenced the overall exports performance of ICT
products. Exports of ICT products constituted 32.2 per cent of total national
exports.
Imports of ICT products amounted to RM308.8 billion with a
growth of 18.5 per cent driven by the growth of ICT services (19.5%). Imports
of ICT products contributed 24.7 per cent of total import in 2022.
Employment in the ICT
industry has increased 1.0 per cent to 1.22 million persons in 2022, with a
contribution of 7.9 per cent to total employment. The contribution was
dominated by ICT manufacturing at 36.1 per cent, followed by ICT services
(29.3%) and ICT trade (21.7%).
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