KUALA LUMPUR, Oct 15 (NNN-BERNAMA) – The information and communication technology (ICT) and e-commerce, contributed 23.4 percent to Malaysia’s economy, valued at 451.3 billion ringgit (106.83 billion U.S. dollars) in 2024, official data showed, today.
The Department of Statistics Malaysia (DOSM), said in a statement that, the performance of ICT and e-commerce registered a further growth of 5.1 percent in 2024, as against 3.5 percent recorded in 2023.
The ICT performance was driven by the ICT manufacturing industry, which accelerated 7.4 percent. This was followed by the ICT services industry and ICT trade industry with a growth of 3.3 percent and 4.6 percent, respectively.
The performance of e-commerce amounted to 258.2 billion ringgit, and posted a growth of 4.7 percent in 2024, as compared to three percent in the preceding year.
The growth was supported by the manufacturing sector, with an increase of 4.8 percent. Additionally, the services sector grew by 4.9 percent, while the agriculture sector rose 7.5 percent.– NNN-BERNAMA
