Sme Malaysia Statistics 2017
Key statistics on smes source.
Sme malaysia statistics 2017. Small and medium enterprises smes contributed rm435 1 billion last year 2017 to malaysia s economy with a real gross domestic product growth of 7 2 compared with 2016 s 5 2. Sme annual report 2017 18 the report released in september 2018 by sme corp. Malaysia is a central coordinating agency that formulates overall policies and strategies for smes and coordinates the implementation of sme development programmes across all related ministries and agencies. Malaysia s smes gdp recorded a strong growth at 7 2 which exceeded malaysia s gdp 5 9 in 2017.
Kuala lumpur aug 3. The bank negara malaysia annual report features a comprehensive material on economic developments and trends in malaysia. This performance exceeded malaysia s gdp and non smes which registered 5 9 per cent and 5 1 per cent respectively as shown in exhibit 1 the contribution of smes gdp to malaysia s gdp increased to 37 1 per cent from 36 6 per cent in the previous year. At sme bank we not only meet your financing needs instead we support your business growth through the provision of timely and professional advisory services.
Performance of smes gdp. 2017 annual report sme bank bahasa melayu. Economic census 2016 profile of small and medium enterprises reference year 2015 department of statistics malaysia source. As a result sme contribution to malaysia s gdp rose to 37 1 last year from 36 6 in 2016.
17 3 export share the share of smes exports to total national exports registered 17 3 in 2017. This statistic describes the value of remittance sent from malaysia in 2017 broken down by country of destination. The report includes information on money and credit public finance real sector development production prices wages and employment and external sector developments exchange rate trade and balance of payments. Performance of smes gdp.
Try our corporate solution for free. Malaysia s smes gdp recorded a strong growth for 2017 at 7 2 per cent as compared to 5 2 per cent recorded in 2016. Economic census 2016 profile of small and medium enterprises reference year 2015 department of statistics malaysia state total smes selangor 179 271 19 8 wp kuala lumpur 133 703 14 7. Malaysia s smes gdp for year 2018 grew at 6 2 per cent as compared to 7 1 per cent in 2017.
Citing data from the statistics department sme corp malaysia said the higher sme gdp growth was.