KUALA LUMPUR: The number of establishments in Malaysia stood at 1.09 million in 2022, an increase of 2.5 per cent from previous years, with a gross ou...
: The number of establishments in Malaysia stood at 1.09 million in 2022, an increase of 2.5 per cent from previous years, with a gross output valued at RM3.85 trillion, according to the Department of Statistics Malaysia
“The growth was led by the petroleum, chemical, rubber and plastic products sub-sector. This was followed by the services sector, which increased by 5.7 per cent to RM1.43 trillion, and the mining and quarrying sector ,” he said in a statement. Similarly, the total value added increased by 6.2 per cent to RM1.50 trillion in 2022, compared to RM986.3 billion in 2015 .
“A total of 951,862 establishments, or an 87.2 per cent share, were concentrated in the services sector, followed by the construction sector , and the manufacturing sector .
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