The Gross Domestic Product (GDP) in Malaysia expanded 3.50 percent in the second quarter of 2022 over the previous quarter. source: Department of Statistics, Malaysia

GDP Growth Rate in Malaysia averaged 1.18 percent from 2000 until 2022, reaching an all time high of 17.30 percent in the third quarter of 2020 and a record low of -16.10 percent in the second quarter of 2020. This page provides - Malaysia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

GDP Growth Rate in Malaysia is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia GDP Growth Rate is projected to trend around 1.20 percent in 2023 and 1.50 percent in 2024, according to our econometric models.

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Malaysia GDP Growth Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-05-13 04:00 AM Q1 3.9% 4.6% 1.5%
2022-08-12 04:00 AM Q2 3.5% 3.8% 2.1%
2022-11-11 04:00 AM Q3 3.5%

Related Last Previous Unit Reference
GDP Growth Rate 3.50 3.80 percent Jun 2022
GDP Annual Growth Rate 8.90 5.00 percent Jun 2022
GDP Constant Prices 366180.00 360239.00 MYR Million Jun 2022
Gross National Product 358.70 346.60 MYR Billion Jun 2022
Gross Fixed Capital Formation 75511.00 73632.00 MYR Million Jun 2022
GDP from Services 212812.00 209560.00 MYR Million Jun 2022
GDP from Mining 23531.00 24066.00 MYR Million Jun 2022
GDP from Manufacturing 89153.00 87191.00 MYR Million Jun 2022
GDP from Construction 12929.00 12922.00 MYR Million Jun 2022
GDP from Agriculture 23472.00 22604.00 MYR Million Jun 2022

Malaysia GDP Growth Rate
Malaysia is a developing economy in Asia which, in recent years, has successfully transformed from an exporter of raw materials into a diversified economy. The largest sector of the economy is services, accounting for around 54 percent of GDP. Manufacturing sector has been growing in recent years and now accounts for 25 percent of GDP and more than 60 percent of total exports. Mining and quarrying constitutes 9 percent of GDP and agriculture 9 percent.
Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.80 17.30 -16.10 2000 - 2022 percent Quarterly