Key Takeaways
- In 2022, Malaysia's creative industry contributed 5.68% to national GDP, amounting to RM139.6 billion
- The creative sector grew by 7.2% year-on-year in 2023, outpacing overall GDP growth of 4.2%
- Animation subsector within creative industry generated RM2.8 billion in revenue in 2021
- Creative industry employed 789,000 people in 2022, with 45% freelancers
- Animation workforce numbered 12,500 in 2023, up 15% from 2021
- Music industry direct jobs 25,000 including live events staff in 2022
- Creative industry market size projected RM160 billion by 2025
- Digital advertising market grew 22% to RM3.9 billion in 2023
- Animation production market RM4.1 billion in 2023, CAGR 12%
- Creative exports totaled RM6.5 billion in 2022
- Animation exports RM1.2 billion to 50 countries in 2023
- Music exports digital RM80 million to ASEAN 2022
- Creative industry received RM1.8 billion investments in 2022
- VC funding to creative startups RM650 million in 2023
- Government grants to film RM200 million via FINAS 2022-2023
Malaysia's thriving creative industry significantly boosts the economy and creates widespread employment.
Economic Contribution
Economic Contribution Interpretation
Employment Statistics
Employment Statistics Interpretation
Export and International Trade
Export and International Trade Interpretation
Investment and Funding
Investment and Funding Interpretation
Market Size and Growth
Market Size and Growth Interpretation
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