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Overview - MPC

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2009<br />

Productivity Performance<br />

• The services sector registered a<br />

productivity growth of 1.7% to RM57,090<br />

in 2009 (Figure 3.3 and Figure 3.4). The<br />

growth would be higher if not for global<br />

economic slowdown that impeded the<br />

projected productivity growth.<br />

Figure 3.3: Productivity Level<br />

CHAPTER 3<br />

• Finance sub-sector recorded a<br />

productivity growth of 3.2% to<br />

RM128,280. Expansion of consumer<br />

credit activities, efficiency measures<br />

and creative financial products had<br />

contributed to improve performance.<br />

• Trade sub-sector achieved a<br />

productivity level of RM40,360 in<br />

2009, attaining a slight growth of<br />

0.8%. The accommodation and<br />

restaurant business benefited from<br />

increased arrival of tourists. There<br />

was less contribution from the<br />

distributive trade and sale of motor<br />

vehicles.<br />

Computed from:<br />

- Economic Reports, Ministry of Finance, Malaysia<br />

- Economic Planning Unit, Malaysia<br />

Figure 3.4: Productivity Growth<br />

• Transport sub-sector recorded a<br />

productivity growth of 1.3% to<br />

RM71,510 in 2009. The sub-sector<br />

recovered in the third quarter of 2009<br />

from a slower demand of cargo activities<br />

in the previous quarters as a result<br />

of slower pace in international trade.<br />

Productivity of communication industry<br />

has shown positive performance due to<br />

better product offerings such as cellular,<br />

broadband and third generation (3G)<br />

services.<br />

Computed from:<br />

- Economic Reports, Ministry of Finance, Malaysia<br />

- Economic Planning Unit, Malaysia<br />

PRODUCTIVITY REPORT 2009 39

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