31st May 2017, Kuala Lumpur: The Productivity Report 2016/2017 had been successfully launched by Minister of International Trade and Industry, Dato' Sri Mustapa Mohamed today at Menara MITI.
According to the report, Malaysia registered a labour productivity growth of 3.5% at RM78,218 from RM75,548 in 2015. This achievement was 84.7% of the 11MP’s targeted level of RM92, 300 to be achieved by 2020.
Meanwhile, the manufacturing sector remained the highest contributor in terms of productivity level at RM106, 647 but recorded a productivity growth of 1.4%, followed by services sector of RM68, 166 with growth of 2.8% and agriculture sector at a level of RM55,485 with growth of 3.4%, recovering from -2.3% in the previous year. The construction sector had a double-digit productivity growth of 12.4% despite the relatively lower productivity level of RM40, 018.
The Productivity Report 2016/2017, can be accessed through www.mpc.gov.my.