In 2024, the gross domestic product (GDP) from the services industry in Malaysia was the highest compared to the other sectors, at around *** billion Malaysian ringgit. The services sector includes utilities, retail and trade, and food industry. The manufacturing sector was the second highest with a GDP contribution of around *** billion Malaysian ringgit in the same year.

GDP from Manufacturing in Malaysia increased to 96923 MYR Million in the second quarter of 2025 from 95676 MYR Million in the first quarter of 2025. This dataset provides the latest reported value for - Malaysia Gdp From Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, palm oil was the biggest contributor to Malaysia's gross domestic product (GDP) in the agriculture industry, with around ** billion Malaysian ringgit. This was followed by other agricultural crops including paddy, vegetables, fruits, and other food crops. Malaysia is the second-largest producer of palm oil, and agriculture is one of the country's primary industries.

GDP from Services in Malaysia increased to 251111 MYR Million in the second quarter of 2025 from 247887 MYR Million in the first quarter of 2025. This dataset provides the latest reported value for - Malaysia Gdp From Services - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP from Agriculture in Malaysia increased to 25641 MYR Million in the second quarter of 2025 from 23709 MYR Million in the first quarter of 2025. This dataset provides the latest reported value for - Malaysia Gdp From Agriculture - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Forecast: Food and Beverage Industry Contribution to GDP in Malaysia 2024 - 2028 Discover more data with ReportLinker!

The share of the manufacturing industry to the gross domestic product (GDP) in Malaysia in 2024 is projected to be at **** percent. Although this reflects a slight decrease compared to the previous year, manufacturing remains the second largest economic sector in the country, contributingaround *** billion Malaysian ringgit to the GDP in the same year. Important sector for employment As a large sector that comprises different important industries, including electrical and electronics (E&E), automotive manufacturing, as well as food manufacturing, manufacturing in Malaysia is a main source of employment. The number of people employed in the manufacturing industry has been constantly increasing in the past decade and reached around *** million people in 2024. Foreign investments in manufacturing The manufacturing industry in Malaysia also attracts foreign investors. As of 2023, the value of approved foreign investments in manufacturing is at around ***** billion Malaysian ringgit, while domestic investments stand at approximately **** billion Malaysian ringgit. The current government plans to further increase investments in the manufacturing sector and create thousands of new jobs with the New Industrial Master Plan 2030.

In 2024, the agriculture industry in Malaysia contributed *** percent to the country's gross domestic products (GDP), a decrease from *** percent the year before. In the same year, the

Agriculture, forestry, and fishing, value added (% of GDP) in Malaysia was reported at 8.1629 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Agriculture, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Key information about Malaysia Private Consumption: % of GDP

• Malaysia Private Consumption accounted for 59.7 % of its Nominal GDP in Dec 2024, compared with a ratio of 62.7 % in the previous quarter.
• Malaysia Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1991 to Dec 2024, with an average share of 49.0 %.
• The data reached an all-time high of 63.3 % in Mar 2020 and a record low of 39.8 % in Sep 1999.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Department of Statistics provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008 with benchmark year 2015. Private Consumption as % of Nominal GDP prior to Q1 2015 is based on SNA 2008 with benchmark year 2010, prior to Q1 2010 is based on SNA 1993 with benchmark year 2005, prior to Q1 2005 with benchmark year 2000 and prior to Q1 2000 is based on SNA 1968 with benchmark year 1987.


Related information about Malaysia Private Consumption: % of GDP

• In the latest reports, Malaysia GDP expanded 5.6 % YoY in Mar 2023.
• Its Nominal GDP reached 101.3 USD bn in Mar 2023.
• Malaysia GDP Per Capita reached 12,471.8 USD in Dec 2022.
• Its Gross Savings Rate was measured at 24.4 % in Mar 2023.

The Gross Domestic Product (GDP) in Malaysia expanded 4.50 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Malaysia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Malaysia: Value added by the manufacturing sector as percent of GDP: The latest value from 2024 is 22.5 percent, a decline from 23.02 percent in 2023. In comparison, the world average is 12.37 percent, based on data from 127 countries. Historically, the average for Malaysia from 1960 to 2024 is 21.24 percent. The minimum value, 9.38 percent, was reached in 1963 while the maximum of 30.94 percent was recorded in 1999.

In 2024, the gross domestic product (GDP) from agriculture was expected to reach approximately ****** billion Malaysian ringgit, a slight increase from ****** billion Malaysian ringgit the year before. Agriculture is one of Malaysia's primary industries.

Malaysia: Value added in the agricultural sector as percent of GDP: The latest value from 2024 is 8.16 percent, an increase from 7.79 percent in 2023. In comparison, the world average is 9.68 percent, based on data from 151 countries. Historically, the average for Malaysia from 1960 to 2024 is 18.59 percent. The minimum value, 7.24 percent, was reached in 2019 while the maximum of 45.38 percent was recorded in 1961.

The Gross Domestic Product (GDP) in Malaysia was worth 421.97 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Malaysia represents 0.40 percent of the world economy. This dataset provides - Malaysia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the natural gas sector was estimated to contribute **** percent to Malaysia's gross domestic product (GDP), a decrease compared to *** percent share of the GDP in the previous year. The natural gas industry's share of the GDP has been declining from 2015 to 2020.

Malaysia: Bank credit to the private sector as percent of GDP: The latest value from 2024 is 116.15 percent, a decline from 117.15 percent in 2023. In comparison, the world average is 51.87 percent, based on data from 130 countries. Historically, the average for Malaysia from 1960 to 2024 is 81.48 percent. The minimum value, 8.08 percent, was reached in 1960 while the maximum of 154.89 percent was recorded in 1997.

GDP from Construction in Malaysia increased to 17918 MYR Million in the second quarter of 2025 from 17760 MYR Million in the first quarter of 2025. This dataset provides the latest reported value for - Malaysia Gdp From Construction - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Malaysia (QMYPAM770A) from Q2 1964 to Q4 2024 about Malaysia, adjusted, credits, nonfinancial, sector, and private.

Key information about Malaysia Private Debt: % of Nominal GDP

• Malaysia Private Debt accounted for 116.24 % of its Nominal GDP in Dec 2024, compared with a ratio of 115.73 % in the previous quarter
• Malaysia Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2001 to Dec 2024, with an average share of 117.13 %
• The data reached an all-time high of 134.56 % in Mar 2021 and a record low of 96.60 % in Dec 2008

CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. The International Monetary Fund provides Private Debt in local currency. The Department of Statistics provides Nominal GDP in local currency base on SNA 2008 with benchmark year 2015. Private Debt as % of Nominal GDP prior to Q4 2015 is calculated from Nominal GDP based on SNA 2008 with benchmark year 2010, prior to Q4 2010 is based on SNA 1993 with benchmark year 2005, and prior to Q4 2005 is based on SNA 1993 with benchmark year 2000.