The Malaysian Film Industry in Numbers
By Negin Vaghefi
December 2021 STATISTICS
MALAYSIA’S FILM INDUSTRY has great economic potential. Between 2012 and 2019, the total gross collection for both local and foreign movies shown at local cinemas increased from RM607.7mil to about RM1bil; this is indicative of a box office growth of nearly 78%, according to the National Film Development Corporation Malaysia (FINAS). But with Covid in 2020, the country’s box office revenue plummeted by about 88.4% due to temporary closures of cinemas and movie theatres (Figure 1). Cinema admissions last year...
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Negin Vaghefi
is a senior analyst at Penang Institute. She holds a Ph.D. in Environmental Economics. Her research interests include agri-environmental economics, climate change, green economics, poverty and income inequality, and policy analysis.
