Malaysia GDP Annual Growth Rate 2000-2018 | Data | Chart | Calendar

The Malaysian economy advanced 5.9 percent year-on-year in the December quarter of 2017, compared to a 6.2 percent growth in the previous three months and beating market consensus of a 5.7 percent expansion. Private consumption, investment, and exports increased at softer paces amid robust government spending. On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 0.9 percent, slower than a 1.8 percent growth in the previous period. For full 2017, the economy grew 5.9 percent, the strongest pace of expansion in three years. GDP Annual Growth Rate in Malaysia averaged 4.80 percent from 2000 until 2017, reaching an all time high of 10.30 percent in the first quarter of 2010 and a record low of -6.20 percent in the first quarter of 2009.

Malaysia GDP Annual Growth Rate
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Malaysia GDP Growth Slows to 5.9% in Q4


The Malaysian economy advanced 5.9 percent year-on-year in the December quarter of 2017, compared to a 6.2 percent growth in the previous three months and beating market consensus of a 5.7 percent expansion. Private consumption, investment, and exports increased at softer paces while government spending accelerated. For full 2017, the economy grew 5.9 percent, the most in three years.

In the fourth quarter, private consumption increased by 7 percent year-on-year, following a 7.2 percent rise in the previous period, supported by purchases of food & non-alcoholic beverages, communication, restaurant & hotel and housing & utilities. In addition, gross fixed capital formation expanded 4.3 percent, much slower than a 6.7 percent growth in the preceding quarter, due to the moderation in machinery & equipment and other asset. Exports grew by 7.1 percent, lower than a 11.8 percent rise in the September quarter. Imports advanced 7.4 percent, compared to a 13.4 percent rise in the previous three months. Meantime, goverment spending rose 6.9 percent, faster than a 3.9 percent increase in the prior three months.

On the production side, the growth slowed for services (6.2 percent vs 6.6 percent in Q3), manufacturing (5.4 percent vs 7 percent) and construction (5.8 percent vs 6.1 percent). Also, the mining & quarrying sector shrank 0.5 percent after growing 3.1 percent in Q3. On the positive note, the agriculture sector grew by 10.7 percent, compared to a 4.1 percent increase in Q3.

Moving forward, the economic is expected to remain strong in 2018, boosted by domestic demand. Meanwhile, exports are expected to continue benefiting from the favourable global demand conditions. Headline inflation is expected to moderate in 2018, reflcting a smaller contribution from global factors and a stronger ringgit compared to 2017.

On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 0.9 percent, the weakest growth since the first quarter of 2016, slower than a 1.8 percent growth in the previous period.

For full year 2017 the economy grew 5.9 percent, the most in three years.


Department of Statistics, Malaysia | Chusnul Ch Manan |
2/14/2018 3:21:09 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-08-18 04:00 AM GDP Growth Rate YoY 5.8% 5.6% 5.4% 4.7%
2017-11-17 04:00 AM GDP Growth Rate YoY 6.2% 5.8% 5.8% 5.5%
2018-02-14 04:00 AM GDP Growth Rate YoY 5.9% 6.2% 5.7% 5.80%
2018-05-17 04:00 AM GDP Growth Rate YoY 5.9% 5.2%
2018-08-16 04:00 AM GDP Growth Rate YoY 5.5%
2018-11-16 04:00 AM GDP Growth Rate YoY 4.8%


Malaysia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 1.80 5.50 -5.90 percent [+]
GDP Annual Growth Rate 5.90 6.20 10.30 -6.20 percent [+]
GDP 296.54 296.43 338.06 1.90 USD Billion [+]
GDP Constant Prices 307861.00 298489.00 307861.00 130630.00 MYR Million [+]
Gross National Product 301.20 292.90 301.20 127.10 MYR Billion [+]
Gross Fixed Capital Formation 72188.00 74461.00 77483.00 27407.00 MYR Million [+]
GDP per capita 11028.20 10739.50 11028.20 1408.60 USD [+]
GDP per capita PPP 25660.50 24988.80 25660.50 10551.60 USD [+]
GDP From Agriculture 25571.00 26028.00 26631.00 19362.00 MYR Million [+]
GDP From Construction 13315.00 13838.00 13838.00 6464.00 MYR Million [+]
GDP From Manufacturing 70289.00 68150.00 70289.00 45868.00 MYR Million [+]
GDP From Mining 25339.00 23756.00 25456.00 20435.00 MYR Million [+]
GDP From Services 168736.00 162482.00 168736.00 99821.00 MYR Million [+]


Malaysia GDP Annual 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. This page provides - Malaysia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.90 6.20 10.30 -6.20 2000 - 2017 percent Quarterly
Constant 2005




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.19 Dec/17
Canada 2.90 Dec/17
Germany 2.90 Dec/17
Netherlands 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.50 Mar/18
Australia 2.40 Dec/17
Brazil 2.10 Dec/17
France 2.10 Mar/18
Japan 2.00 Dec/17
Switzerland 1.90 Dec/17
Italy 1.40 Mar/18
Mexico 1.20 Mar/18
United Kingdom 1.20 Mar/18
Russia 0.90 Dec/17


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