Based on the data, the manufacturing industry contribution to Malaysia's GDP shows an upward trend with a notable CAGR of 1.14% over the last five years. Standing at 25.2% in 2023, the industry is projected to grow steadily, reaching 27.3% by 2028, with an overall growth rate of 5.81% over this period.

Key points to observe:

From 2021 to 2023, growth was robust, with an increase from 23.5% to 25.2%.
The manufacturing industry has demonstrated resilience and steady recovery post-2020.
Projected continuous growth signals a strengthening manufacturing sector in Malaysia.

Future trends to watch:

Technological advancements and automation impacting efficiency and productivity.
Policy changes focusing on boosting manufacturing capabilities and innovation.
Global economic conditions and their effects on Malaysian exports.