Tourism is one of the most important sectors in a tropical country that offers a rich landscape and cultural heritage like Malaysia. In 2023, the tourism sector directly contributed more than 81 billion Malaysian ringgit to the country’s gross domestic product (GDP). Despite the severe impact of COVID-19 pandemic in 2020 and 2021, which resulted in major loss to the GDP, the tourism sector in Malaysia has shown great improvement in the past year.
Increase in inbound tourism
Although the number of international tourists who came to Malaysia significantly decreased when the pandemic hit, 2023 showed that the industry has almost fully recovered. In that year, Malaysia welcomed more than 20 million visitors, a number that was only slightly below the number of tourists in 2019. The Malaysian Ministry of Tourism, Arts and Culture forecasted that the number of inbound tourists could surpass 27 million people in 2024.
Visit Malaysia 2026
With a promising outlook in the tourism sector, the Malaysian government announced the Visit Malaysia 2026 campaign to further boost the industry. Through branding and promotion on various media channels, including social media platforms, the campaign aimed to attract 35.6 million tourists and generate more than 147 billion Malaysian ringgit in tourism receipts in 2026. This is nearly twice the amount of the inbound tourism expenditure in Malaysia in 2023.
Gross domestic product direct contribution from tourism in Malaysia from 2014 to 2023
(in billion Malaysian ringgit)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statistics Malaysia. (September 12, 2024). Gross domestic product direct contribution from tourism in Malaysia from 2014 to 2023 (in billion Malaysian ringgit) [Graph]. In Statista. Retrieved December 09, 2024, from https://www.statista.com/statistics/1126334/malaysia-gdp-direct-contribution-tourism/
Statistics Malaysia. "Gross domestic product direct contribution from tourism in Malaysia from 2014 to 2023 (in billion Malaysian ringgit)." Chart. September 12, 2024. Statista. Accessed December 09, 2024. https://www.statista.com/statistics/1126334/malaysia-gdp-direct-contribution-tourism/
Statistics Malaysia. (2024). Gross domestic product direct contribution from tourism in Malaysia from 2014 to 2023 (in billion Malaysian ringgit). Statista. Statista Inc.. Accessed: December 09, 2024. https://www.statista.com/statistics/1126334/malaysia-gdp-direct-contribution-tourism/
Statistics Malaysia. "Gross Domestic Product Direct Contribution from Tourism in Malaysia from 2014 to 2023 (in Billion Malaysian Ringgit)." Statista, Statista Inc., 12 Sep 2024, https://www.statista.com/statistics/1126334/malaysia-gdp-direct-contribution-tourism/
Statistics Malaysia, Gross domestic product direct contribution from tourism in Malaysia from 2014 to 2023 (in billion Malaysian ringgit) Statista, https://www.statista.com/statistics/1126334/malaysia-gdp-direct-contribution-tourism/ (last visited December 09, 2024)
Gross domestic product direct contribution from tourism in Malaysia from 2014 to 2023 (in billion Malaysian ringgit) [Graph], Statistics Malaysia, September 12, 2024. [Online]. Available: https://www.statista.com/statistics/1126334/malaysia-gdp-direct-contribution-tourism/