Numbers on the Penang Economy and Labour Force

By Ng Kar Yong

January 2019 STATISTICS
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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.Over these six years, Penang has consistently contributed about 6.5% to the national GDP (Table 1). In 2017 the services...

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Ng Kar Yong

is a statistician at Penang Institute who loves art and nature.