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Output of Malaysia’s SMEs Surged to RM1.0 Trillion for the First Time Since 2003

Release Date : Friday 29, September 2017 1200

 

 

INTRODUCTION

This publication presents statistics on Small and Medium Enterprises (SMEs) resulted from Economic Census undertaken in 2016 for reference year 2015. The census covered establishments in all economic sectors namely Agriculture, Mining & Quarrying, Manufacturing, Construction and Services.

 

PERFORMANCE OF SMALL AND MEDIUM ENTERPRISES

Findings of the census revealed that in 2015, there were 907,065 SMEs operated in Malaysia, made up of 98.5 per cent to the total. In five years period, there was an increase of 268,275 establishments with annual growth rate of 7.3 per cent. Services remained the largest SMEs contributor at 89.2 per cent, led by Wholesale & Retail Trade (51.2%) and Food & Beverages (20.4%).

In 2015, value of gross output generated by SMEs amounted to RM1.0 trillion for the first time since Economic Census was carried out, registering an annual growth of 9.3 per cent. The growth was propelled by Services with 11.0 per cent, particularly in Transportation & Storage (16.3%), Administrative & Support Services (12.9%) and Education (11.8%). This was followed by Construction which grew at 10.7 per cent within the period.

 

NUMBER OF PERSONS ENGAGED

Malaysia’s employment was largely contributed by SMEs with 5.7 million persons, constituted 64.7 per cent to the total. Services recorded the highest contribution at 66.8 per cent followed by Manufacturing (18.4%) and Construction (11.1%). Meanwhile, total salaries & wages disbursed by SMEs in 2015 stood at RM128.5 billion with an annual growth of 12.9 per cent.

 

WOMEN-OWNED ESTABLISHMENTS

In 2015, women-owned SMEs accounted for 186,930 or 20.6 per cent of total SMEs in Malaysia with an annual growth rate of 8.0 per cent. Majority of 173,323 establishments or 92.7 per cent were engaged in Services sector followed by Manufacturing sector of 9,519 establishments (5.1%). The remaining establishments were involved in Construction, Agriculture and Mining & Quarrying sectors.

 

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
29 September 2017

Contact person:

Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my