Malaysian GDP Accelerates in Q4 2013

In the last quarter of 2013, Malaysian economy expanded at a faster pace of 2.1 percent over the previous quarter, up from 1.7 percent in the previous three-month period. Full 2013 growth rate decelerated to 4.7 percent, from 5.6 percent in 2012.
Department of Statistics, Malaysia | Joana Taborda | joana.taborda@tradingeconomics.com
2/12/2014 12:12:31 PM
On the production side, manufacturing recorded the highest growth rate (3.8 percent), followed by construction (3.3 percent) and mining and quarrying (2.7 percent). Services increased a seasonally adjusted 1.6 percent and agriculture grew at a slower pace of 1.3 percent (Q3 2013: 5.5 percent).

On the expenditure side, only government consumption and imports expanded at a faster pace than in the previous quarter (government: +0.9 percent, from -4.7 percent in Q3; imports: 0.7 percent versus 0.6 percent in Q3 2013). Private consumption declined to 1.0 percent (Q3 2013: 2.7 percent), investment decelerated to 1.8 percent (3.9 percent in Q3 2013) and exports rose 2.5 percent (3.8 percent in Q3 2013).

Year-on-year, the GDP grew at its fastest pace in four quarters by 5.1 percent, supported by private sector demand and an improvement in exports. 

Malaysian GDP Accelerates in Q4 2013



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