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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.

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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

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CONTRIBUTION OF SMEs ON EXPORTS

3.4% Annual Growth of SMEs on Exports
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CONTRIBUTION OF SMEs ON GDP

6.2% Annual Growth of SMEs on GDP
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SME EMPLOYMENT

3.2% Annual Growth of SMEs on Employment
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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

809,126 SMEs on Services Sector
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MANUFACTURING

47,698 SMEs on Manufacturing Sector
39,158 SMEs on Manufacturing Sector
10,218 SMEs on Manufacturing Sector
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MINING & QUARRYING

865 SMEs on Manufacturing Sector
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Learn how the government support SMEs to adopt digitalisation measures for their business operations

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

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

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