GDP from insurance in Malaysia 2015-2023

Published by
Amanda Siddharta,
Nov 9, 2024

In 2023, the gross domestic product (GDP) from the insurance industry in Malaysia amounted to around 25.7 billion Malaysian ringgit, a slight decrease compared to the previous year. In general, the GDP contribution from insurance in the country has been increasing over the years.

Gross domestic product (GDP) from insurance in Malaysia from 2015 to 2023 (in billion Malaysian ringgit)

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Release date

May 2024

Region

Malaysia

Survey time period

2015 to 2023

Supplementary notes

*Estimate.
**Preliminary.
Values at current prices. Values have been rounded.

1 Ringgit Malaysia (RM) is equivalent to 0.21 U.S. dollars and 0.20 euros as of June 2024.

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