Construction activity in Malaysia contracted 21.0 percent year-on-year in the September quarter of 2021, reversing from a record high of a 42.6 percent growth in the prior period, dragged down by renewed coronavirus-induced restrictions and sluggish vaccination rate. Declines were mainly seen in civil engineering works (-29.7 percent vs 59.5 percent in Q2), residential buildings (-24.9 percent vs 18.0 percent), and non-residential (-10.4 percent vs -37.0 percent). At the same time, special trade activities moderated sharply (21.0 percent vs 75.0 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 January 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.