Malaysia's 2021 gross national savings grew 19.1% to RM402.6bil - DoSM


KUALA LUMPUR: Malaysia's gross national savings (GNS) recorded an increase of 19.1 per cent year-on-year to RM402.6 billion in 2021, compared to RM337.9 billion in the previous year, the Department of Statistics Malaysia (DoSM) said.

Chief statistician Datuk Seri Mohd Uzir Mahidin said in terms of institutional, the non-financial corporations sector recorded the highest gross savings with RM283.3 billion or a share of 70.4 per cent.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
DoSM , GNS , savings , Mohd Uzir Mahidin , GDP

Next In Business News

E&O partners Cengild, Skyspring to develop RM350mil private hospital in Penang
PETRONAS, Turkmenistan strategic partnership opens new chapter in bilateral economic, energy relations
Ocean Vantage expands into construction with RM10mil BGB purchase
Ajinomoto shares to be suspended on June 22 pending material announcement
Vestland bags RM65mil contract for KL serviced apartment project
Ringgit closes lower against greenback amid continued expectation for Fed rate hike
TWL unit acquires 45% stake in Fairise Odyssey for RM42mil
Automotive industry’s TIV fell 15% to 61,250 units in May
George Kent to acquire 76% stake in Techkem for RM2mil
Malaysia Airports records 7.9 million passenger movements in May

Others Also Read