↑ Top
DOSM Community
Respondent
Public
Thursday, 21 March 2019|
2015, gross output in Real Estate Services sector was RM28.1 bil.
2015, number of workers in Accommodation sector was 130,765 persons
2014, Distributive Trade recorded sales value of RM951.3b

Revenue for Services Sector increased 9.3 per cent or RM423.5 billion in the Third Quarter 2018

Release Date : Monday 12, November 2018 1200

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 third quarter 2018.

 

Performance of Services Sector, Third Quarter 2018

Performance of Services Sector

Revenue of Services sector increased 9.3 per cent to RM423.5 billion in third quarter 2018 as compared to the same quarter 2017. The highest contribution was recorded  by  Wholesale  &  Retail  Trade, Food & Beverages and Accommodation segment (RM338.3 billion; +9.4%). Meanwhile, the total revenue on a quarterly basis increased by RM9.2 billion or 2.2 per cent.

Total number of persons engaged in this sector was 3.7 million persons, an increase of 97,633 persons or 2.7 per cent as compared to the same quarter of the previous year. On a quarterly basis, number of persons engaged recorded an increase of 4,667 persons or 0.1  per cent.

In third quarter 2018, salaries & wages paid was RM24.3 billion, an increase of 3.9 per cent as compared to the previous year with a growth of 1.1 per cent  quarter-on-quarter.

 

Wholesale & Retail Trade, Food & Beverages and Accommodation

Total  revenue  for  Wholesale  &  Retail  Trade,  Food &  Beverages  and  Accommodation  segment   recorded  a  positive  growth  of     9.4  per  cent  to RM338.3 billion year-on-year. The strong growth was contributed by Food & Beverages (11.8%) and Wholesale & Retail Trade sub-sectors (9.4%). For quarterly comparison, this segment recorded an increase of 3.0 per cent.

Number of persons engaged in this segment increased 3.1 per cent to 2.7 million persons as compared to the third quarter 2017. Salaries & wages paid grew  3.9 per cent to RM14.5 billion. Quarter-on-quarter, number of persons engaged and salaries & wages paid increased 0.2 per cent and 1.3 per cent respectively.

 

Information & Communication and Transportation & Storage

Information & Communications and Transportation & Storage segment recorded  an  increase  in  revenue  at RM60.5 billion or 8.0 per cent as compared to the third quarter of 2017. The increase was driven by Information & Communication sub-sector  with 9.2 per cent. Meanwhile,  revenue  recorded  a  negative growth of 1.8 per cent for the quarterly comparisons.

Number of persons engaged for this segment increased 1.4 per cent year-on-year to 470,685 persons and  the  amount  of salaries & wages paid also grew at  2.3 per cent to RM5.1 billion.  Meanwhile  on  quarterly  basis,  the number of  employees  declined  0.9 per cent.

 

Health, Education and Arts, Entertainment & Recreation

Health, Education and Arts, Entertainment & Recreation segment recorded a total  revenue  of  RM16.2 billion,  an  increase  of  8.2 per cent as compared to  RM14.9 billion in third quarter 2017. The growth was driven by Education with 8.9 per cent and followed by Arts, Entertainment & Recreation with (8.7%). Similarly, the total revenue for this segment also registered an increase of 5.1  per cent on quarterly basis.

Number of persons engaged increased by 1.6 per cent to 280,032 persons as compared to the corresponding quarter of the previous year. Salaries & wages paid also increased 3.8 per cent to RM2.3 billion. On a quarterly basis, number of persons engaged recorded an increase of 0.8 per cent, while salaries & wages paid increased by 1.9 per cent.

 

Professional and Real Estate Agent

Total revenue for Professional and Real Estate Agent segment increased 14.4 per cent as against the same quarter of previous year. This increase was propelled by Professional sub-sector (15.1%), while for quarterly comparison,  this  segment  declined  by  3.8 per cent.

In third quarter 2018, number of persons engaged increased to 176,935 persons or 2.7 per cent as compared to the same quarter of the previous year. Salaries & wages paid grew 7.7 per cent to RM2.4 billion. The number of persons engaged rose 0.3 per cent, while salaries & wages paid recorded a growth of 1.2 per cent as compared to the preceding quarter.

 

*Notes:

Data for third quarter 2018 is provisional. The data wil be updated based on the latest available figures and subsequently published in the publication forth quarter 2018.

 

Released By:

DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
 DrUzir_Mahidin    Dr_Uzir

12 November 2018

Contact person:

Ho Mei Kei
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]dosm.gov.my

Previous Articles :