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)

© Statista 2025
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

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.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Insurance industry in Malaysia "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Insurance industry in Malaysia

Overview

4

Life insurance

5

Non-life insurance

4

Health and accident insurance

5

Motor insurance

3

Takaful

4

Leading companies

6

Consumer perspective

3

Further Content: You might find this interesting as well

Topics

Insurance industry in MalaysiaHealth in MalaysiaDemographics of MalaysiaDigital payments in MalaysiaBanking industry in Malaysia
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.