Selangor leads GDP contribution to national economy

The report showed Selangor and FT Kuala Lumpur were the major contributors for the services sector in Malaysia with a combined share of 49.9 per cent. — Reuters pic
The report showed Selangor and FT Kuala Lumpur were the major contributors for the services sector in Malaysia with a combined share of 49.9 per cent. — Reuters pic

KUALA LUMPUR, Oct 30 — Selangor’s economic growth last year led the gross domestic product (GDP) contribution by state to the nation’s six per cent GDP growth in 2014, contributing 22.4 per cent. 

This was followed by the Federal Territory (FT) of Kuala Lumpur at 15.1 per cent contribution, Sarawak (10.1 per cent), Johor (9.3 per cent) and Sabah (6.5 per cent). 

“These five states contributed 63.4 per cent to the national economy,” the Department of Statistics Malaysia said in its GDP by State 2010-2014 report released today.

The report showed Selangor and FT Kuala Lumpur were the major contributors for the services sector in Malaysia with a combined share of 49.9 per cent.  In the manufacturing sector, Selangor accounted for 28.8 per cent followed by Penang (12.5 per cent), Johor (12.4 per cent) and Sarawak (12.0 per cent). 

The sector grew by 6.2 per cent backed by a strong performance in electrical and electronic products in Penang, Selangor and Johor. 

The rebound in refined petroleum products at the national level was contributed by Sarawak, Malacca and Negri Sembilan, while improvement in chemicals and chemical products and pharmaceutical activity in Terengganu and Selangor contributed positively to the overall manufacturing performance. 

“Sabah remained the largest contributor in agriculture sector with 18.1 per cent, followed by Sarawak, Johor, Pahang and Perak,” the department said.  For construction sector, it said Selangor and FT Kuala Lumpur were the main contributors with a combined share of 56.2 per cent.

Meanwhile, the GDP per capita at the national level rose to RM36,165 last year from RM33,721 registered in 2013.

FT Kuala Lumpur topped of the list of six states that exceeded this level with RM91,097, followed by FT Labuan (RM56,062), Sarawak (RM44,437), Penang (RM42,186), Selangor (RM40,701) and Malacca (RM38,766).

 

All states recorded an increase of GDP per capita ranging from RM549 to RM8,835. — Bernama

Related Articles