chapter 6 - Malaysia Productivity Corporation ( MPC)

Figure 6.2: Output Growth of Services Sector, 2007-2011
Percent
25.0
20.0
15.0
10.0
Computed from: Department of Statistics, Malaysia
Economic Report, Ministry of Finance, Malaysia
5.0
0.0
strong loan demand, particularly from the business
sector.
Productivity Performance
The services sector registered a productivity
growth of 4.9% to a level of RM53,938 in 2011
from RM51,407 in 2010 (Figure 6.3 & 6.4). The
highest productivity growth were found in
communication, wholesale and retail as well as
real estate and business services. These three
sub-sectors registered productivity growth above
CHAPTER 6
-5.0
2007 2008 2009 2010 2011
Services 11.05 7.34 3.00 6.96 6.26
Utilities 4.01 2.44 0.83 8.17 3.12
Wholesale and retail 14.20 10.91 1.56 8.02 7.38
Accom. and restaurant 10.34 7.04 2.76 5.03 6.03
Transport and storage 10.12 6.28 -2.83 6.92 5.10
Communication 7.00 8.30 6.38 8.49 7.85
Finance and insurance 10.74 8.34 5.66 6.43 6.29
Real estate and business services 19.51 2.27 2.56 7.84 6.79
Other Services 5.52 5.27 4.39 3.97 4.38
the overall services sector level grew at 5.8%,
5.6% and 5.0% respectively. The productivity
of the communication sub-sector expanded to
RM139,951 due to higher demand for cellular,
broadband and third generation (3G) services.
The productivity of the wholesale and retail subsector
grew to RM45,254. It was driven by stronger
consumer spending, higher disposable income and
improved labour market. In addition, tourist per
capita expenditure increased to RM2,411 in 2011
from RM2,299 in 2010. Real estate and business
services sub-sector is by far the most productive
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