This statistic shows the share of economic sectors in the gross domestic product (GDP) in Malaysia from 2013 to 2023. In 2023, the share of agriculture in Malaysia's gross domestic product was around 7.79 percent, industry contributed approximately 37.67 percent and the services sector contributed about 53.42 percent.

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.

Malaysia GDP Composition by Sector, 2016 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.

GDP from Services in Malaysia increased to 250700 MYR Million in the second quarter of 2025 from 247972 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.

In 2024, palm oil was the biggest contributor to the Malaysian gross domestic product (GDP) in the agriculture sector, with a *** percent share to the GDP. Other agriculture activities contributed *** percent to the country's GDP. In total, the agriculture sector in Malaysia had a *** percent share of the GDP.

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.

GDP from Manufacturing in Malaysia increased to 96887 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.

Malaysia GDP: GCF: GFCF: Assets: Structure data was reported at 50,853.000 MYR mn in Sep 2018. This records a decrease from the previous number of 54,605.000 MYR mn for Jun 2018. Malaysia GDP: GCF: GFCF: Assets: Structure data is updated quarterly, averaging 39,652.000 MYR mn from Mar 2010 (Median) to Sep 2018, with 35 observations. The data reached an all-time high of 54,605.000 MYR mn in Jun 2018 and a record low of 20,772.000 MYR mn in Mar 2010. Malaysia GDP: GCF: GFCF: Assets: Structure data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.A015: 2010 Base: Gross Fixed Capital Formation: by Assets Type & Sector.

Malaysia GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 42.561 % in 2015. This records a decrease from the previous number of 43.496 % for 2014. Malaysia GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 48.201 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 57.188 % in 1999 and a record low of 41.657 % in 2011. Malaysia GDP: % of Manufacturing: Medium and High Tech Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank: Gross Domestic Product: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing; ; United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database; ;

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

Malaysia GDP: 2010p: GCF: GFCF: Assets: Structure data was reported at 41,797.000 MYR mn in Sep 2018. This records a decrease from the previous number of 44,762.000 MYR mn for Jun 2018. Malaysia GDP: 2010p: GCF: GFCF: Assets: Structure data is updated quarterly, averaging 35,046.000 MYR mn from Mar 2010 (Median) to Sep 2018, with 35 observations. The data reached an all-time high of 44,762.000 MYR mn in Jun 2018 and a record low of 20,723.000 MYR mn in Mar 2010. Malaysia GDP: 2010p: GCF: GFCF: Assets: Structure data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.A015: 2010 Base: Gross Fixed Capital Formation: by Assets Type & Sector.

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.

GDP from Construction in Malaysia increased to 18091 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.

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.

Malaysia (DC) GDP: 1978p: Agriculture, Forestry & Fishing data was reported at 4,203.000 MYR mn in Dec 1998. This records a decrease from the previous number of 4,517.000 MYR mn for Sep 1998. Malaysia (DC) GDP: 1978p: Agriculture, Forestry & Fishing data is updated quarterly, averaging 3,848.500 MYR mn from Mar 1987 (Median) to Dec 1998, with 48 observations. The data reached an all-time high of 4,619.000 MYR mn in Sep 1997 and a record low of 2,975.500 MYR mn in Mar 1987. Malaysia (DC) GDP: 1978p: Agriculture, Forestry & Fishing data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.A073: 1978 Base: GDP by Industry: 1978 Price.

In 2024, the state of Selangor contributed around **** percent to the gross domestic product (GDP) in Malaysia. Selangor is Malaysia's most populous state as well as its most developed state. Selangor has the highest standard of living and the lowest poverty rate out of all the states in Malaysia.

Malaysia GDP: Services: Water, Sewerate and Waste Management data was reported at 1,919.000 MYR mn in Mar 2019. This records a decrease from the previous number of 2,068.000 MYR mn for Dec 2018. Malaysia GDP: Services: Water, Sewerate and Waste Management data is updated quarterly, averaging 1,734.000 MYR mn from Mar 2015 (Median) to Mar 2019, with 17 observations. The data reached an all-time high of 2,068.000 MYR mn in Dec 2018 and a record low of 1,306.000 MYR mn in Mar 2015. Malaysia GDP: Services: Water, Sewerate and Waste Management data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.A0006: 2015 Base: GDP by Industry: Current Price.

Malaysia Domestic Credit: Provided by Financial Sector: % of GDP data was reported at 145.256 % in 2016. This records an increase from the previous number of 144.727 % for 2015. Malaysia Domestic Credit: Provided by Financial Sector: % of GDP data is updated yearly, averaging 110.849 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 163.355 % in 1997 and a record low of 7.117 % in 1960. Malaysia Domestic Credit: Provided by Financial Sector: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank.WDI: Bank Loans. Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;

Malaysia GDP: Services: Wholesale & Retail Trade: Retail data was reported at 97,113.000 MYR mn in 2017. This records an increase from the previous number of 86,393.000 MYR mn for 2016. Malaysia GDP: Services: Wholesale & Retail Trade: Retail data is updated yearly, averaging 65,858.500 MYR mn from Dec 2010 (Median) to 2017, with 8 observations. The data reached an all-time high of 97,113.000 MYR mn in 2017 and a record low of 46,503.000 MYR mn in 2010. Malaysia GDP: Services: Wholesale & Retail Trade: Retail data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.A008: 2010 Base: GDP by Industry: Current Price (Annual).