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Cultural and creative industry contributed 6.8 per cent to Malaysia’s Gross Domestic Product (GDP), fuelling RM130.7 billion in 2024
The Department of Statistics Malaysia (DOSM)
recorded another new achievement with the released of Cultural and Creative
Satellite Account 2024. This inaugural publication is an initiative undertaken
by DOSM to provide detailed statistics that shed light on the impact of
cultural and creative activities to the Malaysia’s economy. In particular, the
statistics provides an estimate of the cultural and creative industry’s
contribution to GDP, exports, imports, and employment in this industry.
In 2024, cultural and creative industry further expanded to 7.1 per cent
(RM130.7 billion) compared to 4.5 per cent in the preceding year. Hence,
cultural and creative industry contributed 6.8 per cent to Malaysia’s GDP in
2024.
The cultural and creative industry consists of core domain and
transversal domain. Core domain comprises economic and social activities that
are traditionally associated with culture while transversal domain supports the
core domain. The transversal domain also cuts across almost all core domains to
ensure that the entire cultural ecosystem functions effectively and more
comprehensively.
Core domain grew at 7.8 per cent (2023: 7.0%) in 2024 led by Design and
creative services with a growth of 8.2 per cent from 10.7 per cent in 2023. The
growth was backed by Engineering services, Architectural services and
Advertising.
Meanwhile, transversal domain increased by 6.6 per cent (2023: 3.1%) in
2024 driven by Equipment and multipurpose devices with a growth of 8.4 per cent
(2023: 5.3%).
In terms of international trade, exports of creative products rebounded
to 12.4 per cent (RM63.0 billion) in 2024, compared to a decline of 1.1 per
cent in the previous year. Imports of creative products continued to record
double-digit growth at 15.8 per cent (RM43.9 billion) as compared to 22.3 per
cent in 2023.
Employment in the cultural and creative industry grew by 2.8 per cent (2023: 2.0%) reaching 763.1 thousand persons in 2024. Accordingly, employment in the cultural and creative industry accounted for 4.7 per cent of total employment.
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