The Gross Domestic Product (GDP) in Malaysia expanded 4.40 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Malaysia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Malaysia: Economic growth: the rate of change of real GDP: The latest value from 2024 is 5.11 percent, an increase from 3.56 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for Malaysia from 1961 to 2024 is 6.07 percent. The minimum value, -7.36 percent, was reached in 1998 while the maximum of 11.7 percent was recorded in 1973.

Gross domestic product (GDP) of Malaysia grew 5.11 percent in 2024 and was forecast to remain around 4 percent for the medium term. What affects GDP? GDP is the sum of spending in a country by consumers, investors, and the government, plus net exports. High GDP growth is associated with low unemployment, because a growing economy demands a growing labor force. There are also inflationary pressures, but responsible monetary and fiscal policy can keep the inflation rate low. GDP and development Developmental economists focus more on GDP per capita than GDP. Looking at how much each member of the economy generates gives a general idea of the level of development, with strong correlations between this and other development indicators. If population growth is faster than GDP growth, residents in the country will be worse off, in spite of a growing economy.

Full Year GDP Growth in Malaysia increased to 5.10 percent in 2024 from 3.60 percent in 2023. This dataset includes a chart with historical data for Malaysia Full Year GDP Growth.

The latest data from show economic growth of 4.4 percent, which is no change from the rate of growth of 4.4 percent in the previous quarter and
a decrease compared to the growth rate of 5.9 percent in the same quarter last year. The economic growth time series for Malaysia cover the period from...

Key information about Malaysia Real GDP Growth

• The Gross Domestic Product (GDP) in Malaysia expanded 7.0 % YoY in Dec 2022, following a growth of 14.2 % in the previous quarter.
• Real GDP Growth YoY data in Malaysia is updated quarterly, available from Mar 2001 to Dec 2022, with an average rate of 5.0 %.
• The data reached an all-time high of 15.9 % in Jun 2021 and a record low of -17.1 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. The Department of Statistics provides Real GDP in local currency at 2015 prices, based on SNA 2008. Real GDP Growth prior to Q1 2016 is calculated from Real GDP at 2010 prices based on SNA 2008, prior to Q1 2011 is calculated from Real GDP at 2005 prices and prior to Q1 2006 is from Real GDP at 2000 prices, both based on SNA 1993.


Related information about Malaysia Real GDP Growth

• In the latest reports, Nominal GDP of Malaysia reached 102.2 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 2.8 % in Dec 2022.
• GDP Per Capita in Malaysia reached 11,452.9 USD in Dec 2021.
• Its Gross Savings Rate was measured at 26.9 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 20.7 % in Dec 2022.
• Public Consumption accounted for 13.4 % in Dec 2022.
• Private Consumption accounted for 56.7 % in Dec 2022.

The Gross Domestic Product (GDP) in Malaysia expanded 2.10 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Malaysia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical dataset showing Malaysia economic growth by year from 1960 to 2023.

Economic growth, quarterly in Malaysia, June, 2025 The most recent value is 2.1 percent as of Q2 2025, an increase compared to the previous value of 0.7 percent. Historically, the average for Malaysia from Q1 2013 to Q2 2025 is 1.08 percent. The minimum of -14.7 percent was recorded in Q2 2020, while the maximum of 18.2 percent was reached in Q3 2020. | TheGlobalEconomy.com

Key information about Malaysia Nominal GDP Growth

• Malaysia Nominal GDP Growth was reported at 5.497 % in Dec 2024.
• This records a decrease from the previous number of 5.952 % for Sep 2024.
• Malaysia Nominal GDP Growth data is updated quarterly, averaging 8.895 % from Mar 1992 to Dec 2024, with 132 observations.
• The data reached an all-time high of 23.523 % in Jun 2021 and a record low of -18.428 % in Jun 2020.
• Malaysia Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Department of Statistics provides Nominal GDP in local currency based on SNA 2008 with benchmark year 2015. Nominal GDP Growth prior to Q1 2016 is based on SNA 2008 with benchmark year 2010, prior to Q1 2011 is based on SNA 1993 with benchmark year 2005, prior to Q1 2006 is based on SNA 1993 with benchmark year 2000 and prior to Q1 2001 is based on SNA 1968 with benchmark year 1987.

The gross domestic product (GDP) in current prices in Malaysia amounted to about 419.62 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 392.86 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 180.06 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The Gross Domestic Product (GDP) in Malaysia was worth 421.97 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Malaysia represents 0.40 percent of the world economy. This dataset provides - Malaysia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Malaysia GDP: Growth data was reported at 5.902 % in 2017. This records an increase from the previous number of 4.220 % for 2016. Malaysia GDP: Growth data is updated yearly, averaging 6.654 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 11.701 % in 1973 and a record low of -7.359 % in 1998. Malaysia GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

In 2024, the real gross domestic product (GDP) in Vietnam grew by approximately **** percent, marking the highest growth rate in Southeast Asia. In comparison, Myanmar's real GDP growth rate dropped by **** percent. Southeast Asia, a tapestry of economic and cultural complexity Historically a critical component of global trade, Southeast Asia is a diverse region with heterogeneous economies. The region comprises ** countries in total. While Singapore is a highly developed country economy and Brunei has a relatively high GDP per capita, the rest of the Southeast Asian countries are characterized by lower GDPs per capita and have yet to overcome the middle-income trap. Malaysia is one of these countries, having reached the middle-income level for many decades but yet to grow incomes proportionally to its economic development. Nevertheless, Southeast Asia’s young population will further drive economic growth across the region’s markets. ASEAN’s economic significance Aiming to promote economic growth, social progress, cultural development, and regional stability, all Southeast Asian countries except for Timor-Leste are part of the political and economic union Association of Southeast Asian Nations (ASEAN). Even though many concerns surround the union, ASEAN has avoided trade conflicts and is one of the largest and most dynamic trade zones globally. Factors such as the growing young population, high GDP growth, a largely positive trade balance, and exemplary regional integration hold great potential for future economic development in Southeast Asia.

Graph and download economic data for Gross Domestic Product for Malaysia (MKTGDPMYA646NWDB) from 1960 to 2024 about Malaysia and GDP.

Malaysia GDP: Growth: Final Consumption Expenditure: Household data was reported at 6.974 % in 2017. This records an increase from the previous number of 5.952 % for 2016. Malaysia GDP: Growth: Final Consumption Expenditure: Household data is updated yearly, averaging 6.336 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 13.322 % in 1989 and a record low of -10.236 % in 1998. Malaysia GDP: Growth: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Malaysia GDP: Growth: Gross Value Added: Services data was reported at 5.728 % in 2016. This records an increase from the previous number of 5.519 % for 2015. Malaysia GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 7.266 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 38.448 % in 1973 and a record low of -7.481 % in 1986. Malaysia GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malaysia – Table MY.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

In 2023, the estimated total GDP of all ASEAN states amounted to approximately 3.8 trillion U.S. dollars, a significant increase from the previous years. In fact, the GDP of the ASEAN region has been skyrocketing for a few years now, reflecting the region’s thriving economy. Power in the EastThe Association of Southeast Asian Nations (ASEAN) comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. It was established in 1967 among five of these countries (Indonesia, Malaysia, Thailand, Singapore, and the Philippines) to facilitate trade and economic growth, as well as promote cultural development and social structures in the region. To date, they have been joined by another five nations. The ASEAN marketThe founding of the ASEAN organization provides the collaborating nations with more autonomy and influence on the global economy than they would have had by themselves. Additionally, struggling participating countries, such as Laos, are given an opportunity to grow on an ASEAN single market.

Historical dataset showing Malaysia gdp growth rate by year from 1961 to 2023.

GDP from Manufacturing in Malaysia increased to 96887 MYR Million in the second quarter of 2025 from 95676 MYR Million in the first quarter of 2025. This dataset provides the latest reported value for - Malaysia Gdp From Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.