Malaysia: Value Added of Fisheries Sub Sector Recorded an Annual Growth Rate of 10.2 Per Cent in Five Years Period

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1. EMBARGO : Only to be published or disseminated at 1200 hours, Monday, 7 August 2017 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE VALUE ADDED OF FISHERIES SUB-SECTOR RECORDED AN ANNUAL GROWTH RATE OF 10.2 PER CENT IN FIVE YEARS PERIOD Value added of agriculture sector recorded an annual growth rate of 5.9 per cent compared to 2010 In 2015, number of establishments operating in the agriculture sector was 11,628 establishments with an annual growth of 5.7 per cent. Gross output in 2015 was RM73,853.6 million, an increase of 6.7 per cent per year compared to RM53,452.1 million in 2010 while value added for this sector was RM41,473.4 million. Agriculture sector provides job opportunities to 444,531 people, recorded an annual growth of 2.6 per cent within five years with salaries & wages paid amounting RM7,904.3 million. This sector recorded the highest increase in the average monthly salaries of 7.3 per cent to RM1,504 in 2015. Women-owned establishment in the agricultural sector was 1,541 establishments with an annual growth rate of 21.6 per cent as compared to 2010. Gross output contribution was RM5,228.6 million, 7.1 per cent of the total gross output of the agricultural sector with value added of RM2,824.6 million. Fisheries sub-sector In 2015, number of establishments involved in the fisheries sub-sector was 1,229 establishments. Gross output value was RM2,226.0 million or 3.0 per cent from total gross output of the agriculture sector with value added of RM747.6 million. This subsector also provides job opportunities to 15,690 people with salaries & wages paid amounting RM315.0 million. The women-owned establishment recorded in 2015 was 132 establishments with an annual growth of 18.7 per cent compared to 2010. Gross output contribution was RM231.5 million or 10.4 per cent from total gross output of the fisheries sub-sector. Fishing on a commercial basis in ocean and coastal waters industry was a major industry in the fisheries sub sector with involvement of 341 establishments. Contribution of gross output in 2015 was RM680.1 million, an increase of 15.2 per cent per year from RM335.2 million in 2010. Meanwhile, value added of this industry was RM257.8 million.
4. Released By : THE OFFICE OF CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS, MALAYSIA 7 August 2017
5. Contact person : Ho Mei Kei Public Relation Officer Corporate and User Services Division Department of Statistics, Malaysia Tel : +603-8885 7942 Fax : +603-8888 9248 Email : mkho[at]stats.gov.my