The contribution of ICT and e-commerce to the national economy was recorded at 23.0 per cent with a value of RM412.3 billion.
The Department of Statistics Malaysia (DOSM) cited in its Information And Communication Technology Satellite Account release today (Oct 13) that performance was contributed by the Gross Value Added of the ICT industry (GVAICT) at 13.6 per cent and the e-commerce of other industries at 9.4 per cent.
ICT and e-commerce showed an increase of 14.8 per cent compared to 12.2 per cent in the previous year.
Gross Value Added of ICT industry (GVAICT) recorded RM243.7 billion with a growth of 12.4 per cent compared to 7.8 per cent in the previous year. This growth was supported by the ICT manufacturing industry with a better growth of 21.3 per cent compared to 11.0 per cent in 2021.
Gross Value Added of e-commerce registered RM239.1 billion with a growth of 18.9 per cent in 2022 compared to 22.7 per cent in the previous year. The contribution of e-commerce to GDP was 13.3 per cent comprising e-commerce in ICT industries at 3.9 per cent and e-commerce of other industries at 9.4 per cent.
Exports of ICT products increased to RM444.5 billion with a growth of 24.9 per cent in 2022 compared to 13.1 per cent in the previous year. The ICT goods (90.9%) influenced the overall exports performance of ICT products. Exports of ICT products constituted 32.2 per cent of total national exports.
Imports of ICT products amounted to RM308.8 billion with a growth of 18.5 per cent driven by the growth of ICT services (19.5%). Imports of ICT products contributed 24.7 per cent of total import in 2022.
Employment in the ICT industry has increased 1.0 per cent to 1.22 million persons in 2022, with a contribution of 7.9 per cent to total employment. The contribution was dominated by ICT manufacturing at 36.1 per cent, followed by ICT services (29.3%) and ICT trade (21.7%).
