DIGITALISING SMES

Bringing Malaysian SMEs to the next level

New Business Opportunities and Growth In A Vibrant Ecosystem

Malaysia Digital will strengthen the digital ecosystem via Malaysia Digital Catalytic Programmes (PeMangkinMD) and targeted digitalisation projects with greater local industry participation via a whole-of-nation approach. Learn how you can be part of this initiative.

Explore Our Initiatives for Business

Bringing Malaysian SMEs to the next level

Small Medium Enterprise (SMEs) are the key driver of employment and economic growth of Malaysia with almost 99% of total business establishments in Malaysia consisting of SMEs.


It is important to enable Malaysian SMEs to move towards digitalisation in order 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 Exports

38.3%

Contribution of SMEs on GDP

3.4% Annual Growth of SMEs on Exports

66.2%

SME Employment

3.2% Annual Growth of SMEs on Employment

SME by Size and Sector

According to the Statistics Department, 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. It was 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

809,126 SMEs on Services Sector

5.3%

Manufacturing

47,698 SMEs on Manufacturing Sector

4.3%

Construction

39,158 SMEs on Manufacturing Sector

1.1%

Agriculture

10,218 SMEs on Manufacturing Sector

0.1%

Mining & Quarrying

865 SMEs on Manufacturing Sector

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Contact Us

If you do have any enquiries, please don’t hesitate to reach us.