The internal tourism consumption of visitors on passenger transport services in Malaysia showed consistent growth from 2024 through 2028, starting at 26.18 billion Malaysian Ringgits in 2024 and increasing to 29.2 billion Malaysian Ringgits by 2028. The year-on-year growth shows a positive trend: 2025 sees a 2.9% increase, 2026 a 2.8% rise, 2027 a 2.7% growth, and 2028 a 2.6% climb. Comparing the previous years, the internal tourism consumption stood at 25.5 billion Malaysian Ringgits in 2023, reflecting a notable upward shift from 2023 to 2024. The Compound Annual Growth Rate (CAGR) over the forecasted five-year period is approximately 2.75%, indicating steady growth in the sector.
Future trends to watch for include the potential impact of infrastructure improvements, the introduction of new transportation technologies, and the influence of tourism policies. Monitoring these factors will be crucial to understanding how the internal tourism consumption on passenger transport services will evolve in Malaysia. Additionally, the global economic climate and regional travel trends may also play significant roles in shaping future growth.
