Facebook Hits 70% Penetration Rate in Malaysia

(Forbes) – There were a total of 9.5 million Facebook users in Malaysia on January 01, 2011. And last week, the total has surpassed the 12 million mark. As of today, the estimated total of Facebook users in Malaysia stands at 12,060,200.

Currently, the total Internet users in Malaysia is 17.5 million. That means the Facebook penetration in Malaysia is now just a whisker shy of 70%.

From January 2011 to December 2011, the Facebook user base has been growing at an average rate of 26%. The growth rate is markedly reduced compared to the last year’s rate of 87% (March 2010 – December 2010). The growth rate is expected to decline further in 2012, with the increasing level of Facebook penetration in this country, continuing privacy concerns, onset of Facebook lethargy, and onslaught of emerging new online time sucks.

Source: Facebook