Forecast: Non-Residential Buildings Industry Contribution to GDP in Malaysia

The contribution of the Non-Residential Buildings Industry to Malaysia's GDP is forecasted to decline from 0.6% in 2024 to 0.4% in 2028. This trend indicates an average annual decrease (CAGR) of approximately 9.1% over the forecast period. The year-on-year variation shows a decrease of 16.7% from 2023 to 2024, followed by a steady decline of 0.1 percentage points yearly through 2028.

Future trends to watch for include potential impacts of economic policies on the construction sector, shifts in market demand, and advances in building technology that could influence productivity and industry contributions to GDP.

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