Overview

The structure of Malaysian economy by commodity flow of goods and services based on supply and demand is shown in Figure 1. The total supply of goods and services in 2010 was RM2,676.4 billion of which 77.5 per cent was contributed by domestic production, 21.7 per cent by imports and 0.8 per cent by taxes less subsidies on products. The total value of domestic production was RM2,074.2 billion where goods and services contributed 54.6 per cent and 45.4 per cent respectively. Meanwhile from the total imports of RM582.0 billion, the contribution of goods was 86.7 per cent while services was 13.3 per cent.

The total demand for goods and services in 2010 was valued at RM2,676.4 billion of which 47.4 per cent was used as intermediate demand and 52.6 per cent as final demand. In terms of intermediate input, goods contributed 71.1 per cent and services 28.9 per cent. As for the final demand, 51.3 per cent was recorded by domestic demand and 48.7 per cent by exports.

Gross value added in 2010 registered RM805.2 billion with compensation of employees accounting for 32.3 per cent, operating surplus 66.5 per cent and other net taxes on production 1.2 per cent.

Figure 1 : The Flow of Goods and Services According to the Input-Output Tables 2010 (RM Billion)

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