The Malaysian economy grew at a stronger pace in 2014 with a growth of 6.0 per cent (2013: 4.7 per cent). Better momentum was recorded by all sectors especially Services and Manufacturing spearheading the growth.
GDP CONTRIBUTION BY STATE, 2014
The contribution of GDP in 2014 was led by Selangor with 22.4 per cent followed by WP Kuala Lumpur (15.1 per cent), Sarawak (10.1 per cent), Johor (9.3 per cent) and Sabah (6.5 per cent). These five states contributed 63.4 per cent to the national economy as depicted in Chart 1.
ECONOMIC GROWTH BY STATE, 2014
Six states surpassed the national growth of 6.0 per cent led by WP Kuala Lumpur (8.4 per cent) contributed by Services sector as shown in Chart 1. Overall, the Services sector is also the main impetus for WP Labuan (5.3 per cent), Perlis (5.1 per cent), Kelantan (5.0 per cent), Perak (4.6 per cent), Kedah (4.2 per cent), Pahang (3.9 per cent) and Negeri Sembilan (3.1 per cent). Meanwhile, economy in Pulau Pinang and Melaka were largely driven by Manufacturing sector with a growth of 8.0 per cent and 7.6 per cent respectively.
Sabah’s economy expanded to 5.0 per cent in 2014 which was influenced by the moderate growth in Services and Mining & Quarrying sectors. Meanwhile, Sarawak (4.3 per cent) was driven by Agriculture and Services sectors. However, a slower growth in Mining and Quarrying sector dragged down the overall GDP for Sarawak.
PERFORMANCE BY SECTOR, 2014
Selangor and WP Kuala Lumpur were the major contributors for Services sector in Malaysia with a combined share of 49.9 per cent (Chart 2). Wholesale & Retail Trade activities were the significant contributors to most of the states. On the other hand, Terengganu and WP Labuan were supported by Utilities and Finance & Insurance subsectors respectively.
Services sector recorded the highest contribution in WP Kuala Lumpur (88.5 per cent), WP Labuan (72.9 per cent), Kelantan (65.4 per cent) and Perlis (62.4 per cent) as shown in Chart 3.
Contribution of Selangor to the overall Manufacturing sector stood at 28.8 per cent followed by Pulau Pinang (12.5 per cent), Johor (12.4 per cent) and Sarawak (12.0 per cent) as depicted in Chart 4.
The Manufacturing sector grew by 6.2 per cent backed by a strong performance of Electrical and Electronic Products in Pulau Pinang, Selangor and Johor. Meanwhile, Motor Vehicles and Transport Equipment activity supported Manufacturing sector in Selangor, Melaka and Pahang. The rebound in Refined Petroleum Products at national level was contributed by Sarawak, Melaka and Negeri Sembilan. In addition, the improvement in Chemicals & Chemical Products and Pharmaceutical activity in Terengganu and Selangor contributed positively to the overall Manufacturing performance.
Sabah remained as the largest contributor in Agriculture sector with 18.1 per cent, followed by Sarawak, Johor, Pahang and Perak as shown in Chart 5. These five states collectively contributed 72.3 per cent to the overall Agriculture sector, mainly due to contribution from Oil Palm subsector.
Selangor and WP Kuala Lumpur were the main contributors in Construction sector with a combined share of 56.2 per cent (Table 1). These states continued to register a double digit growth in 2014.
GDP PER CAPITA, 2014
GDP Per Capita at national level rose from RM33,721 to RM36,165 in 2014 (Table 2). Six states which exceeded this level were WP Kuala Lumpur being the top of the list with RM91,097 followed by WP Labuan (RM56,062), Sarawak (RM44,437), Pulau Pinang (RM42,186), Selangor (RM40,701) and Melaka (RM38,766). All states recorded an increase of GDP Per Capita ranging from RM549 to RM8,835.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
30 October 2015
Norrita binti Amran
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : [email protected]