Foreign Affiliates in Malaysia

Overview

Foreign affiliates in Malaysia contributed 17.5 per cent to Malaysia’s economy, recorded a value added of RM318.5 billion in 2023.

A total of 3,101 foreign affiliates operating in Malaysia have generated a value added of RM318.5 billion in 2023, increased by 0.6 per cent as compared to RM316.8 billion in the previous year. Manufacturing remained as the main contributing sector with a value added of RM158.0 billion, followed by Mining & quarrying and Services sectors.

Foreign affiliates in Malaysia employed 945,436 persons with paid compensation of employees at RM57.9 billion. Both exports and imports by foreign affiliates in Malaysia decreased to record RM486.3 billion and RM398.3 billion, respectively. The foreign affiliates in Malaysia were mainly from the Asia region with 1,975 affiliates as compared to 1,947 affiliates in 2022, followed by Europe and Americas regions with 657 and 401 affiliates, respectively.

The full publication of the Statistics on Foreign Affiliates in Malaysia (Inward FATS) 2023 can be downloaded through eStatistik Portal.

Released by:
DEPARTMENT OF STATISTICS, MALAYSIA
26 September 2025

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