Malaysia's services sector up 6% y-o-y in 1Q25


KUALA LUMPUR: Malaysia’s services sector grew by 6.0 per cent year-on-year in the first quarter of 2025 (1Q 2025), reaching RM630 billion in revenue, according to the Department of Statistics Malaysia (DoSM).

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the growth was supported by positive performance across all segments of the services sector such as the wholesale and retail trade, food and beverages, as well as the accommodation segment recorded an increase of RM24.2 billion or 5.3 per cent, reaching RM475.7 billion.

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