In 2023, the insurance industry in Malaysia contributed 1.4 percent to the gross domestic product (GDP), a slight decrease compared to the industry's contribution in the previous year. In general, the share of GDP from the insurance sector has remained somewhat constant over the years.
Share of insurance industry to the gross domestic product (GDP) in Malaysia from 2015 to 2023
Characteristic
Share of GDP
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Statistics Malaysia. (May 16, 2024). Share of insurance industry to the gross domestic product (GDP) in Malaysia from 2015 to 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1423604/malaysia-share-of-insurance-to-the-gdp/
Statistics Malaysia. "Share of insurance industry to the gross domestic product (GDP) in Malaysia from 2015 to 2023." Chart. May 16, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1423604/malaysia-share-of-insurance-to-the-gdp/
Statistics Malaysia. (2024). Share of insurance industry to the gross domestic product (GDP) in Malaysia from 2015 to 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1423604/malaysia-share-of-insurance-to-the-gdp/
Statistics Malaysia. "Share of Insurance Industry to The Gross Domestic Product (Gdp) in Malaysia from 2015 to 2023." Statista, Statista Inc., 16 May 2024, https://www.statista.com/statistics/1423604/malaysia-share-of-insurance-to-the-gdp/
Statistics Malaysia, Share of insurance industry to the gross domestic product (GDP) in Malaysia from 2015 to 2023 Statista, https://www.statista.com/statistics/1423604/malaysia-share-of-insurance-to-the-gdp/ (last visited August 25, 2024)
Share of insurance industry to the gross domestic product (GDP) in Malaysia from 2015 to 2023 [Graph], Statistics Malaysia, May 16, 2024. [Online]. Available: https://www.statista.com/statistics/1423604/malaysia-share-of-insurance-to-the-gdp/