BRING MALAYSIA’S SMEs TO THE NEXT LEVEL
Small Medium Enterprise (SMEs) are the key driver of employment and economic growth of Malaysia and almost 99% of total business establishments in Malaysia are SMEs.
Its is important to enable Malaysian SMEs to move towards digitalization to continue accelerating the Digital Economy.
Performance & Impact
Malaysia’s SME industry has grown substantially over the years. Here are the end-of-the-year figures for 2018.
Source : Department of Statistics, Malaysia
17.3%
CONTRIBUTION OF SMEs ON EXPORTS
3.4% Annual Growth of SMEs on Exports38.3%
CONTRIBUTION OF SMEs ON GDP
6.2% Annual Growth of SMEs on GDP66.2%
SME EMPLOYMENT
3.2% Annual Growth of SMEs on EmploymentSME by Size and Sector
The Statistics Department said today Malaysia’s small and medium enterprises (SMEs) contribution to the country’s gross domestic product (GDP) rose to 38.3% in 2018 from 37.8% in 2017, led by expansion in the services and manufacturing sectors and as SMEs exports grew.
Source : Economic Census 2016 : Profile of Small and Medium Enterprises, Department of Statistics Malaysia
89.2%
SERVICES
5.3%
MANUFACTURING
4.3%
CONSTRUCTION
1.1%
AGRICULTURE
0.1%
MINING & QUARRYING
SME Business Digitalisation Grant
Learn how the government support SMEs to adopt digitalisation measures for their business operations
LEARN MORE
100 Go Digital
Find out step by step approach to move higher up on the business digitalisation journey
LEARN MOREDigital Enhancement Centres (DEC)
Stay tuned on our efforts to facilitate access specifically for SMEs to improve on finance and capacity building
COMING SOON