In 2023, the gross domestic product (GDP) from the manufacturing sector in Malaysia reached around 366.69 billion Malaysian ringgit, an increase from around 364.12 billion Malaysian ringgit in the previous year. The GDP from manufacturing in the country has been increasing in the last decade.

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 Manufacturing in Malaysia decreased to 95676 MYR Million in the first quarter of 2025 from 99328 MYR Million in the fourth quarter of 2024. 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.

Manufacturing, value added (% of GDP) in Malaysia was reported at 23.02 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Manufacturing, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In 2024, the share of electronic components & boards, communication equipment and consumer electronics amounted to nearly **** percent of Malaysia's gross domestic product. In total, about **** percent of the country's GDP was generated by the manufacturing industry.

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.

Forecast: Finance Industry Contribution to GDP in Malaysia 2023 - 2027 Discover more data with ReportLinker!

Forecast: Beverages Industry Contribution to GDP in Malaysia 2023 - 2027 Discover more data with ReportLinker!

Forecast: Refined Petroleum Products Industry Contribution to GDP in Malaysia 2023 - 2027 Discover more data with ReportLinker!

The manufacturing of electronic components and boards, communication equipment, and consumer electronics in Malaysia is estimated to contribute *** percent to the gross domestic product in 2024. The manufacturing industry in Malaysia had a **** percent share of the GDP in the same year, with electronic components manufacturing as the biggest contributor.

Forecast: Retail Trade Industry Contribution to GDP in Malaysia 2023 - 2027 Discover more data with ReportLinker!

Forecast: Wholesale and Retail Trade Industry Contribution to GDP in Malaysia 2023 - 2027 Discover more data with ReportLinker!

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.

Industry (including construction), value added (% of GDP) in Malaysia was reported at 37.67 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Malaysia - Industry, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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

The Gross Domestic Product (GDP) in Malaysia expanded 4.40 percent in the first 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.

In 2023, the manufacturing of refined petroleum products contributed around 41 billion Malaysian ringgit to the Malaysia's gross domestic product (GDP). In the same year, manufactured refined petroleum products in the country had a sales value of nearly 225 billion Malaysian ringgit.

In 2023, the manufacturing of electrical equipment in Malaysia contributed to 0.6 percent of the gross domestic product (GDP). The percentage share of this sector has remained constant at 0.5 percent to the GDP since 2017 until 2021.

The Oil and Gas Industry in Malaysia size was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, exhibiting a CAGR of 1.40 % during the forecasts periods.Malaysia's oil and gas sector is a pivotal driver of the country's economy, marked by substantial production and export activities. Positioned as one of Southeast Asia's largest producers of oil and natural gas, Malaysia boasts extensive reserves situated both offshore in the South China Sea and onshore in Peninsular Malaysia and Sabah. The industry is primarily dominated by Petroliam Nasional Berhad (PETRONAS), Malaysia's national oil company, which holds a central role in exploration, production, refining, and distribution operations. Since the discovery of its initial oil fields in the early 20th century, Malaysia's oil and gas industry has undergone significant evolution. The development of major offshore fields such as Tapis and Dulang has elevated Malaysia's stature as a prominent global exporter of liquefied natural gas (LNG) and a critical supplier of petroleum products across regional markets. PETRONAS manages an advanced infrastructure network encompassing offshore platforms, pipelines, and liquefaction facilities, catering to both domestic energy demands and international export requirements. Industry challenges encompass fluctuating global oil prices, ongoing investments needed to maintain aging infrastructure, and environmental considerations associated with offshore drilling activities and emissions. Nevertheless, Malaysia continues to attract foreign investments through competitive fiscal policies, technological innovations, and strategic collaborations with multinational oil corporations. The sector significantly contributes to Malaysia's GDP, employment rates, and government revenues, underscoring its indispensable role in the country's economic development and energy security strategies. Recent developments include: January 2023: A consortium of JGC Corporation and Samsung Heavy Industries (SHI) secured an engineering, procurement, construction, and commissioning (EPCC) contract with Petronas for Malaysia's first nearshore floating LNG facility project. The planned facility is set to become the world's first nearshore floating LNG facility. It has a minimum production capacity of 2 million tonnes of LNG annually and is scheduled for completion in 2027., December 2022: Petronas announced the oil and gas discovery at the Nahara well in Block SK 306. Petronas Carigali, a wholly owned subsidiary of Petronas, is the operator of the block, with 100 percent participating interest in its Production Sharing Contract (PSC).. Key drivers for this market are: 4., Surging Demand For Refined Petroleum Products4.; Significant Untapped Petroleum Reserves in the Sedimentary Basins. Potential restraints include: 4., High Volatility of Crude Oil Prices. Notable trends are: Midstream Sector is Expected to Have Significant Market Share.

GDP from Construction in Malaysia increased to 17760 MYR Million in the first quarter of 2025 from 17371 MYR Million in the fourth quarter of 2024. 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.