EMBARGO: Only to be published or disseminated at 12:00 hour, Thursday, 9 November 2023

QUARTERLY SERVICES STATISTICS, Q3 2023

Total revenue of Services sector recorded RM584.0 billion in the third quarter of 2023, registering positive growth of 7.6 per cent as compared to the same quarter in 2022. The increase was contributed by Wholesale & Retail Trade, Food & Beverages, and Accommodation segment (+RM28.7 billion; 6.9%). Meanwhile, total revenue on a quarterly basis registered a growth of 2.8 per cent or +RM15.8 billion.

Total number of persons engaged in this sector amounted to 4.4 million persons, rose 79.4 thousand persons or 1.8 per cent against the corresponding period of the previous year. For quarterly comparison, number of persons engaged went up 0.6 per cent or increased 24.4 thousand persons.

Salaries and wages paid in the third quarter of 2023 posted a growth of 3.6 per cent to reach RM31.8 billion compared to the same quarter a year ago. Compared with second quarter of 2023, salaries and wages paid increased 0.9 per cent.

Contact person:
Baharudin Mohamad
Public Relation Officer
Strategic Communication and International Division
Department of Statistics Malaysia
Tel : +603-8090 4681
Fax : +603-8888 9248
Email : baharudin[at]dosm.gov.my
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