Forecast: Tourism Employment in Cultural, Sports and Recreational Services in Malaysia

The employment in Cultural, Sports and Recreational Services linked to tourism in Malaysia has seen fluctuations over the past decade. In 2023, the employment stood at 82.3 thousand persons. From 2022 to 2023, the sector witnessed a year-on-year increase of 4.05%, indicative of a slow but positive recovery. Recent figures show a substantial recovery from the severe drop in 2020, where employment fell significantly by 18.1% due to the pandemic, but has since gradually stabilized.

Over the past five years, the Compound Annual Growth Rate (CAGR) has averaged 0.34%, reflecting a slight overall increase. Looking ahead to the forecasted period until 2028, the sector is expected to grow at a CAGR of 0.1%, indicating a modest but steady growth trajectory. Factors such as return to pre-pandemic tourism levels, government policies, and investments in cultural and recreational infrastructure will be crucial.

Future trends to watch include the impact of technological advancements on job creation, the influence of global economic conditions on tourism, and sustainable tourism practices gaining traction. It will be important to monitor these factors closely to understand their impact on employment trends in this sector.