From 2024 to 2028, the contribution of the Wholesale and Retail Trade industry to Malaysia's GDP is forecasted to steadily increase from 17.2% to 17.6%. Year-on-year variations indicate a consistent growth rate:
- 2024-2025: 0.58%
- 2025-2026: 0.58%
- 2026-2027: 0.57%
- 2027-2028: 0.57%
The Compound Annual Growth Rate (CAGR) over this 5-year forecast period is approximately 0.58%.
Future Trends: Several trends could impact the industry's contribution to GDP, including the rise of e-commerce, advancements in supply chain technologies, and changing consumer buying behaviors influenced by digital platforms. Monitoring economic policies affecting retail trade, technological adoption in logistics, and shifts in consumer spending patterns will be critical for understanding future industry dynamics.
