Construction activity in Malaysia contracted 6.1 percent year-on-year in the March quarter of 2022, compared to a 12.9 percent fall in the prior period. This was the third straight quarter of drop in the construction output, but the least in the sequence as disruptions caused by the pandemic eased, with residential buildings falling at a softer pace (-11.9 percent vs -18.2 percent in Q4). Meanwhile, activities rebounded for both non-residential buildings (4.2 percent vs -7.1 percent), and civil engineering (15.5 percent vs -20.3 percent). At the same time, special trade activities continued a double-digit growth (24.1 percent vs 22.5 percent). In 2021, the construction output dropped by 5.0 percent. source: Department of Statistics, Malaysia
Construction Output in Malaysia averaged 13.53 percent from 2011 until 2016, reaching an all time high of 42.60 percent in the second quarter of 2021 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 July of 2022.
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.