Malaysia GDP Growth Rate
The Gross Domestic Product (GDP) in Malaysia expanded 0.80 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Malaysia averaged 1.28 Percent from 2000 until 2014, reaching an all time high of 5.90 Percent in the third quarter of 2009 and a record low of -7.60 Percent in the first quarter of 2009. GDP Growth Rate in Malaysia is reported by the Department of Statistics Malaysia.
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Malaysia is a rapidly developing economy in Asia. Malaysia, a middle-income country, has transformed itself since the 1970s from a producer of raw materials into an emerging multi-sector economy. The Government of Malaysia is continuing efforts to boost domestic demand to wean the economy off of its dependence on exports. Nevertheless, exports - particularly of electronics - remain a significant driver of the economy. This page provides - Malaysia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.