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GDP constant prices are now expressed in 2015 prices
Malaysia’s economy contracted 5.6 per cent in 2020

Information And Communication Technology Satellite Account 2021

Release Date : Friday 14, October 2022 1200

 


CONTRIBUTION OF ICT TO THE ECONOMY REMAINED DOUBLE-DIGIT AT 12.1 PER CENT

The contribution of ICT to the economy remained double-digit increased by 12.1 per cent in 2021 (2020: 10.5%), valued at RM359.3 billion. ICT contributed 23.2 per cent to the Gross Domestic Product (GDP), comprises of Gross Value Added ICT Industry (GVAICT) with 14.0 per cent and e-commerce of other industries with 9.2 per cent.

GVAICT increased to RM217.1 billion with a better growth of 7.8 per cent in 2021 compared to 3.2 per cent in the previous year. The growth was supported by ICT manufacturing industry and ICT services industry with a growth of 11.1 per cent and 7.0 per cent respectively.

Gross Value Added of e-commerce registered RM201.1 billion, an increase of RM37.2 billion in 2021 with a growth of 22.7 per cent. The growth was supported by the ICT manufacturing and ICT services industries. In terms of contribution to GDP, e-commerce in the ICT industry contributed 3.8 per cent, while e-commerce in other industries contributed 9.2 per cent.

Exports of ICT products rose 14.6 per cent as compared to 6.3 per cent in 2020 with a value of RM360.8 billion. The strength in exports of ICT goods and ICT services have influenced the exports performance of ICT products. Exports of ICT products contributed 33.9 per cent to the total national exports.

Imports of ICT products amounted to RM261.2 billion, an increase of 21.0 per cent driven by the growth of ICT goods of 22.6 per cent. Imports of ICT products accounted for 27.4 per cent of total imports in 2021.

Employment in the ICT industry amounted to 1.21 million persons in 2021 with a share of 8.0 per cent to total employment. The ICT manufacturing industry was the major contributor with a share of 35.9 per cent, followed by ICT services (29.2%) and ICT trade (21.9%).

The full publication of the Information And Communication Technology Satellite Account 2021 can be downloaded through eStatistik portal.

 

Released by:

DEPARTMENT OF STATISTICS MALAYSIA
14 October 2022

 

Contact person:

Baharudin Mohamad 
Public Relation Officer
Strategic Communication and International Division
Department of Statistics Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : baharudin[at]dosm.gov.my

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