Construction output in Malaysia shrank by 10.5 percent year-on-year in the March quarter of 2021, after a 14.2 decline in the previous period. This was the fifth straight quarter of contraction in construction activity, amid the prolonged impact of the coronavirus pandemic. Output fell at a slower rate for civil engineering (-22.3 percent vs -25 percent in Q4), residential buildings (-4.2 percent vs -10.9 percent), and non-residential (-5.3 percent vs -6.3 percent). At the same time, special trade activities grew by 28 percent, following a 29.3 percent rise in Q4. In 2020, construction activity plunged 19.4 percent. source: Department of Statistics, Malaysia
Construction Output in Malaysia averaged 13.53 percent from 2011 until 2016, reaching an all time high of 35.30 percent in the second quarter of 2012 and a record low of -6.30 percent in the first quarter of 2020. This page provides - Malaysia Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.
Construction Output in Malaysia is expected to be 20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Malaysia to stand at 3.50 in 12 months time. In the long-term, the Malaysia Construction Output is projected to trend around 6.00 percent in 2022, according to our econometric models.