KUALA LUMPUR: Malaysia’s Gross Fixed Capital Formation (GFCF), the second largest component of gross domestic product (GDP) with a 20.1 per cent share to the total economy, contracted by a marginal 0.9 per cent to RM278.7 billion in 2021 from RM281.2 billion in 2020.
Department of Statistics Malaysia (DOSM) Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the contraction, however, is significantly lower than the 14.4 per cent contraction in 2020.
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