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Asian Development Bank (ADB) Asia SME Monitor 2023
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MALAYSIA
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Table 1: MSME Definition
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SectorItemMicroSmallMedium
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ManufacturingAnnual Sales TurnoverLess than RM300,000 OR From RM300,000 to less than RM15 million ORFrom RM15 million to not exceeding RM50 million OR 150.000.000.000,00
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Number of Full-time EmployeesFewer than 5 employeesFrom 5 to 74 employeesFrom 75 to not exceeding 200 employees
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Services and Other SectorsAnnual Sales TurnoverLess than RM300,000 OR From RM300,000 to less than RM3 million OR From RM3 million to not exceeding RM20 million OR 
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Number of Full-time EmployeesFewer than 5 employeesFrom 5 to 29 employeesFrom 30 to not exceeding 75 employees
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Notes: MSME definition has been effective since 1 January 2014.
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Source: ADB Asia SME Monitor 2023 database. Data from SME Corporation Malaysia.
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