Construction activity in Malaysia surged 23.3 percent year-on-year in Q3 of 2022, picking up sharply from a 6.1 percent growth in Q2 and marking the steepest expansion since Q2 of 2021, as the economy fully emerged from coronavirus curbs. Output accelerated for non-residential buildings (37.7% vs 18.1% in Q2), special trade activities (32.2% vs 11.9%), and residential buildings (17.8% vs 7.9%), while there was a strong upturn in civil engineering activity (14.6% vs -4.4%). source: Department of Statistics, Malaysia
Construction Output in Malaysia averaged 6.84 percent from 2011 until 2022, reaching an all time high of 42.60 percent in the second quarter of 2021 and a record low of -44.90 percent in the second 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 December of 2022.
Construction Output in Malaysia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Construction Output is projected to trend around 6.00 percent in 2023, according to our econometric models.