Selangor Posts Record RM432.1 Billion GDP in 2024, Leads National Growth

Selangor achieved a record-high GDP of RM432.1 billion in 2024, up from RM406.1 billion in 2023, solidifying its status as Malaysia’s economic powerhouse. The state accounted for 26.2% of the national GDP, with strong growth in services (61.1% of GDP) and manufacturing (29.1%). Its 6.3% GDP growth rate surpassed the national average of 5.1%.

Chief Minister Amirudin Shari credited this to collective efforts, saying:

“Our continued progress is a reflection of the collective commitment and hard work of all stakeholders… Together, we have built a thriving ecosystem that not only attracts investment, but also creates quality jobs and uplifts communities.”

Selangor

Business News

Table of Contents

News Malaysia and Global

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia

Staff Writer

Recent Posts

Government Expands Budi Diesel Quota for Pick‑Up and Jeep Owners

Government expands Budi Diesel quota to 300 litres monthly, aiding 200,000 pick‑up and jeep owners;…

33 minutes ago

Paris Baguette Embarks on Its Next Chapter

Paris Baguette Malaysia is now fully integrated under Singapore HQ, enhancing operations and regional strategy…

1 day ago

4 Ways to Build Infrastructure Resilience for an AI-Driven Future

Malaysian enterprises must modernize infrastructure strategically to harness AI, enhancing resilience and reducing costs effectively.

1 day ago

Vertiv Opens Johor Facility to Strengthen AI Infrastructure Supply Across Asia

Vertiv opened its Johor manufacturing facility to expand AI infrastructure production, strengthen regional supply chains,…

2 days ago

Malaysia Manufacturing Returns to Growth as June PMI Rebounds Above 50

Malaysia's manufacturing sector returned to expansion in June as stronger orders and production lifted PMI…

2 days ago

Southern Cable Secures RM403.6m TNB Extension, Strengthening FY27 Earnings Visibility

Southern Cable secured a RM403.6 million TNB contract extension, lifting its order book above RM1…

2 days ago

This website uses cookies.