Statistics Department: Country's GDP at all-time high


  • Nation
  • Wednesday, 18 Jul 2012

SHAH ALAM: Malaysia's average gross domestic product has hit RM881bil, the highest ever achievement since 1957, said Malaysia Statistics Department head Dr Abdul Rahman Hasan.

The country's gross income per capita also increased from US$6,700 (RM21,172) in 2010 to US$9,700 (RM30,652) for the period ending 2011, he said here Wednesday.

Foreign Direct Investments (FDI) also increased by 24.9%, from RM29.3bil in 2010 to RM36.6bil in 2011, he said, adding that Selangor had contributed the most.

"The state accommodates 131,277 industrial agencies of the total 662,939 agencies in the country.

"This shows the transformation programme by the Government was a success," Dr Abdul Rahman said during a seminar on the importance of economic data and information for the purpose of planning and developing Selangor.

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