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 Exports
38.3%

CONTRIBUTION OF SMEs ON GDP

6.2% Annual Growth of SMEs on GDP
66.2%

SME EMPLOYMENT

3.2% Annual Growth of SMEs on Employment

SME 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

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

SME Business Digitalisation Grant

Learn how the government support SMEs to adopt digitalisation measures for their business operations

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100 Go Digital

Find out step by step approach to move higher up on the business digitalisation journey

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SMART Automation Grant (SAG)

Learn how the government support SMEs companies by helping them to automate their business processes and move towards digitalisation.

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SME DIGITAL ACCELERATOR

Structured transformation program to enable businesses to adopt digital with outcome-based results.

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Sharing Economy Business

Find out how you can adopt Sharing Economy solutions and services for your business today.

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Download SME Data Driven Playbook

A step-by-step guide to deploy big data at your agency