Selangor biggest contributor to Malaysian economy

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Kota_Darul_Ehsan,_Kuala_Lumpur-SelangorThe state of Selangor booked the largest contribution by state to Malaysia’s gross domestic product (GDP) growth of 6% in 2014, with a 22.4% share of GDP.

This was followed by the Federal Territory (FT) of Kuala Lumpur with a 15.1% contribution, Sarawak (10.1%), Johor (9.3%), and Sabah (6.5%), reported state-run news agency Bernama.

“These five states contributed 63.4 per cent to the national economy,” the Department of Statistics Malaysia said in its GDP by State 2010-2014 report released recently.

The report showed Selangor and FT Kuala Lumpur were the major contributors for the services sector with a combined share of 49.9%.

In the manufacturing sector, Selangor accounted for 28.8%, followed by Penang (12.5%), Johor (12.4%), and Sarawak (12%).

The sector grew by 6.2%, backed by a strong performance in electrical and electronic products in Penang, Selangor, and Johor.

The rebound in refined petroleum products at the national level was contributed by Sarawak, Melaka, and Negeri Sembilan, while improvement in chemicals and chemical products and pharmaceutical activity in Terengganu and Selangor contributed positively to the overall manufacturing performance.

“Sabah remained the largest contributor in agriculture sector with 18.1 per cent, followed by Sarawak, Johor, Pahang and Perak,” the department said.

For the construction sector, Selangor and FT Kuala Lumpur were the main contributors with a combined share of 56.2%.

Meanwhile, the GDP per capita at the national level rose to MYR36,165 (about US$8,430) last year from MYR33,721 registered in 2013.

FT Kuala Lumpur topped the list of six states that exceeded this level with MYR91,097, followed by FT Labuan (MYR56,062), Sarawak (MYR44,437), Penang (MYR42,186), Selangor (MYR40,701), and Melaka (MYR38,766).

All states recorded an increase of GDP per capita ranging from MYR549 to MYR8,835.
Photo: User:Two hundred percent – None