Malaysia’s tourism sector delivered a standout performance in 2024, contributing 15.1% to GDP and generating RM291.9 billion in revenue. Growth was fueled by inbound arrivals, domestic travel, retail trade, and food services, showcasing tourism’s vital role in national recovery. Inbound spending rose 41%, led by shopping and accommodation, while domestic expenditure climbed 25%. With tourism supporting over 3.5 million jobs, Malaysia is firmly positioning itself as a top global travel destination.
Anamika Chauhan is a Senior Content Writer at TBO Academy. Specializing in B2B content, she works closely with the marketing team to bring out the outlook about the industry in her write-ups. Connect with her on LinkedIn or write to her at anamika.chauhan@tbo.com