Numbers on the Penang Economy and Labour Force


Penang’s gross domestic product (GDP) and per capita GDP have been growing steadily from 2012 to 2017, with average annual growth rates of 5.9% and 6.1% respectively (Table 1). Since 2012, Penang has outperformed Malaysia in terms of economic growth, except in 2017; this was due to the strong economic performance of Selangor and KL, which boosted the overall national performance.

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