Forecast: Water, Sewerage and Waste Management Industry Contribution to GDP in Malaysia

The contribution of the Water, Sewerage, and Waste Management industry to Malaysia's GDP remained stable at 0.5 units from 2013 to 2018. It increased to 0.6 units in 2019, maintaining this level through 2023. The year-on-year variation for 2022-2023 is 0%. Forecast data from 2024 onward expects the contribution to remain constant at 0.6 units until 2026, rising to 0.7 units by 2027 and 2028. The 2028 forecast indicates a 5-year CAGR of 3.13% and a total 5-year growth rate of 16.67%.

Future trends to watch for include:

  • Increased investment in sustainable waste management technologies.
  • Government policy changes enhancing industry growth.
  • A higher focus on recycling and waste reduction programs.
  • Emergence of public-private partnerships in sewerage and waste management projects.

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