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Revenue for Services Sector increased 7.0 per cent to RM431.2 billion in the First Quarter 2019
Volume Index of Services registered a growth of 7.2 per cent to 167.7 points in fourth quarter 2018 13 February 2019
Revenue for Services Sector increased 8.4 per cent to RM433.1 billion in the Fourth Quarter 2018 12 November 2018
Volume Index of Services recorded a growth of 7.8 per cent to 165.2 points in third quarter 2018 12 November 2018
Revenue for Services Sector increased 9.3 per cent or RM423.5 billion in the Third Quarter 2018 10 August 2018
Volume Index of Services recorded a growth of 6.7 per cent to 158.8 points in second quarter 2018 10 August 2018
Revenue for Services Sector Increased 8.3 per cent or RM414.2 billion in the Second Quarter 2018 Show all release archives
Overview
Introduction
This publication presents statistics on Services sector which encompasses the sub-sectors of Wholesale & Retail Trade; Information & Communication; Transportation & Storage; Food & Beverages; Professional; Private Health; Private Education; Accommodation; Arts, Entertainment & Recreation and Real Estate Agent for the period from year 2012 until first quarter 2019.
Performance of Services Sector, First Quarter 2019
Overall Performance
Total revenue of Services sector in first quarter 2019 recorded RM431.2 billion, increased 7.0 per cent as compared to the same quarter 2018. The highest contribution was recorded by Wholesale & Retail Trade, Food & Beverages and Accommodation segment (RM21.7 billion; +6.8%). Meanwhile, the total revenue on a quarterly basis contracted by RM1.8 billion or 0.4 per cent.
Total number of persons engaged in this sector amounted to 3.7 million persons, an increase of 92,001 persons or 2.5 per cent as againts to the same quarter of the previous year. Quarterly basis indicated that number of persons engaged recorded a decrease of 1,283 persons or 0.03 per cent.
In first quarter 2019, salaries & wages paid was RM24.6 billion, an increase of 3.8 per cent as compared to the previous year, while quarter on quarter was declined 0.7 per cent.
Wholesale & Retail Trade, Food & Beverages and Accommodation
Total revenue for Wholesale & Retail Trade, Food & Beverages and Accommodation segment recorded a positive growth of 6.8 per cent to RM341.9 billion year-on-year. The robust growth was contributed by Wholesale & Retail Trade sub-sector (+RM19.8 billion,+6.6%). For quarterly comparison, this segment recorded a negative growth of 0.2 per cent.
Number of persons engaged in this segment increased 2.9 per cent to 2.8 million persons as compared to the first quarter 2018. Salaries & wages paid grew 3.6 per cent to RM14.7 billion. Quarter-on-quarter, number of persons engaged recorded a decrease of 0.2 per cent, whilst salaries & wages paid showed a marginal growth of 0.1 per cent.
Information & Communication and Transportation & Storage
Information & Communications and Transportation & Storage segment recorded an increase in revenue to RM63.1 billion or 7.4 per cent as compared to the first quarter of 2018. The increase was driven by Information & Communication sub-sector with 7.9 per cent (+RM2.5 billion). Meanwhile, revenue recorded a negative growth of 2.5 per cent for the quarterly comparisons.
Number of persons engaged for this segment increased 0.9 per cent year-on-year to 473,874 persons and the amount of salaries & wages paid also grew at 2.5 per cent to RM5.1 billion. In the mean time on quarterly basis, the number of employees increased 0.6 per cent.
Health, Education and Arts, Entertainment & Recreation
Health, Education and Arts, Entertainment & Recreation segment increased 8.4 per cent to RM16.9 billion as compared to RM15.6 billion in first quarter 2018. The growth was driven by Arts, Entertainment & Recreation (10.0%) and followed by Education (8.1%). On a quarterly basis, the total revenue for this segment registered an increase of 3.9 per cent.
Number of persons engaged increased by 2.4 per cent to 283,405 persons as compared to the corresponding quarter of the previous year. Salaries & wages paid also increased to RM2.4 billion (5.0%). Quarter-on-quarter, number of persons engaged recorded an increase of 0.1 per cent, while salaries & wages paid increased by 3.8 per cent.
Professional and Real Estate Agent
Total revenue for Professional and Real Estate Agent segment increased 9.7 per cent as against the same quarter of previous year. This rise was propelled by Professional sub-sector (+RM0.18 bilion, 9.9%), while for quarterly comparison, this segment decreased by 1.3 per cent.
In first quarter 2019, number of persons engaged increased to 177,926 persons or 1.3 per cent as compared to the same quarter of the previous year. Salaries & wages paid grew 7.2 per cent to RM2.4 billion. The number of persons engaged rose 0.2 per cent, while salaries & wages paid recorded a growth of 0.3 per cent as compared to the preceding quarter.
*Notes:
Data for first
Released By:
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
DrUzir_Mahidin
Dr_Uzir
13 May 2019
Contact person:
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7187 / 7942
Fax : +603-8888 9248
Email : jpbkkp[at]dosm.gov.my
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