Malaysia GDP Annual Growth Rate  2000-2016 | Data | Chart | Calendar

Malaysian economy expanded 4.3 percent year-on-year in the three months to September of 2016, faster than a 4.0 percent growth in the previous period and above market expectations of a 4.1 percent growth. It was the strongest expansion since the fourth quarter of 2015, as a faster increase in private consumption offset a decline in exports and a slowdown in government spending and investment. On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 1.5 percent, accelerating from a 0.7 percent expansion in the previous three months. It was also the strongest growth in seven quarters. GDP Annual Growth Rate in Malaysia averaged 4.74 percent from 2000 until 2016, 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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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-13 04:00 AM Q1 4.2% 4.5% 4.1% 4.2%
2016-08-12 04:00 AM Q2 4.0% 4.2% 4% 4.0%
2016-11-11 04:00 AM Q3 4.3% 4% 4.1% 3.9%
2017-02-15 04:00 AM Q4 4.3% 4.1%
2017-02-18 04:00 AM Q4
2017-05-13 04:00 AM Q1




Malaysia GDP Growth Beats Estimates in Q3


Malaysian economy expanded 4.3 percent year-on-year in the three months to September of 2016, faster than a 4.0 percent growth in the previous period and beating market expectations of a 4.1 percent growth. It was the strongest expansion since the fourth quarter of 2015, as a faster increase in private consumption offset a decline in exports and a slowdown in government spending and investment.

In the September quarter, private consumption grew by 6.4 percent year-on-year, following  a 6.3 percent rise in the previous quarter, supported by continued wage and employment growth as well as the increase in minimum wage effective July 1, 2016. Public consumption expanded by 3.1 percent, moderating from a 6.5 percent growth in the June quarter, due to lower spending on supplies and services, which partially offset the higher spending on emoluments. Gross fixed capital formation rose 2.0 percent, slowing from a 6.1 percent expansion in the preceding quarter. Private investment advanced by 4.7 percent, following a 5.6 percent rise in the second quarter, mainly supported by continued capital spending in the services and manufacturing sectors. Public investment shrank 3.8 percent, after increasing 7.5 percent in the previous period, due to lower spending on fixed assets by the Federal government.  In contrast, exports declined by 1.3 percent, swinging from a 1.0 percent increase in the June quarter. Imports also fell 2.3 percent, as compared to a 2.0 percent growth in the previous three months.

On the production side, services sector grew at a faster pace (+6.1 percent from +5.7 percent in the preceding three month, underpinned primarily by private consumption activity), followed by manufacturing (+4.2 percent from +4.1 percent, supported by export-oriented industries) and mining (+3.6 percent from +2.6 percent). Construction sector increased by 7.9 percent, slowing from a 8.8 percent growth in the June quarter. In contrast, agriculture sector registered a contraction (-5.9 percent from -7.9 percent in the previous quarter, largely due to the lagged impact of El Nino on crude palm oil yields). 

Moving forward, Malaysia's GDP is expected to be between 4–4.5 percent in 2016. Domestic demand will continue to be the principal driver of growth. Private consumption is expected to  remain supported by wage and employment growth, with additional disposable income from government measures. Investme will continue to be anchored by the on-going implementation of infrastructure projects and capital spending in the manufacturing and services sectors. Export growth is expected to remain weak following subdued demand frim the country’s key trading partners. Overall, while domestic conditions remain resilient, uncertainties in external environment may pose downside risks to Malaysia’s growth prospects.

On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 1.5 percent, accelerating from a 0.7 percent expansion in the previous three months and marking the strongest growth in seven quarters.

Bank Negara Malaysia l Rida Husna | rida@tradingeconomics.com
11/11/2016 12:03:21 PM



Malaysia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.50 0.70 5.50 -5.90 percent [+]
GDP Annual Growth Rate 4.30 4.00 10.30 -6.20 percent [+]
GDP 296.22 338.10 338.10 2.42 USD Billion [+]
GDP Constant Prices 281083.00 271282.00 281083.00 130630.00 MYR Million [+]
Gross National Product 273.10 265.39 273.10 127.10 MYR Billion [+]
Gross Fixed Capital Formation 69860.00 74501.00 74501.00 27407.00 MYR Million [+]
GDP per capita 10876.73 10512.18 10876.73 1407.98 USD [+]
GDP per capita PPP 25308.02 24459.78 25308.02 10451.47 USD [+]
GDP From Agriculture 25069.00 21206.00 26654.00 19362.00 MYR Million [+]
GDP From Construction 13062.00 11899.00 13062.00 6464.00 MYR Million [+]
GDP From Manufacturing 63724.00 63814.00 63814.00 45868.00 MYR Million [+]
GDP From Mining 23155.00 24356.00 24823.00 20435.00 MYR Million [+]
GDP From Services 152442.00 146416.00 152442.00 99821.00 MYR Million [+]



Malaysia GDP Annual Growth Rate Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 4.00 10.30 -6.20 2000 - 2016 percent Quarterly
Constant 2005



Last
Iceland 10.20 Sep/16
Ethiopia 9.60 Dec/15
Ivory Coast 9.50 Jun/16
Papua New Guinea 9.00 Dec/15
Dominican Republic 8.70 Jun/16
Tanzania 7.90 Jun/16
Uzbekistan 7.80 Sep/16
Congo 7.70 Dec/15
India 7.30 Sep/16
Cambodia 7.20 Dec/16
Philippines 7.10 Sep/16
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
Myanmar 7.00 Dec/15
Maldives 6.80 Jun/16
China 6.70 Sep/16
Djibouti 6.70 Dec/15
Tajikistan 6.50 Sep/16
Vietnam 6.40 Sep/16
Kenya 6.20 Jun/16
Turkmenistan 6.20 Sep/16
Benin 6.10 Jun/16
Mali 6.00 Jun/16
Burkina Faso 5.90 Jun/16
Togo 5.80 Jun/16
Niger 5.70 Jun/16
Senegal 5.70 Jun/16
Chad 5.60 Dec/15
Bhutan 5.50 Dec/15
Guinea Bissau 5.50 Jun/16
Monaco 5.40 Dec/15
Rwanda 5.40 Jun/16
Nicaragua 5.30 Jun/16
Sao Tome and Principe 5.30 Dec/15
Panama 5.20 Jun/16
Indonesia 5.02 Sep/16
Paraguay 5.00 Sep/16
Zambia 5.00 Dec/15
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Sudan 4.90 Dec/15
Gambia 4.70 Dec/15
Luxembourg 4.40 Jun/16
Peru 4.40 Sep/16
Romania 4.40 Sep/16
Cuba 4.30 Dec/15
East Timor 4.30 Dec/15
Malaysia 4.30 Sep/16
Seychelles 4.30 Dec/15
Pakistan 4.24 Dec/15
Costa Rica 4.21 Jun/16
Fiji 4.20 Dec/15
Gabon 4.20 Dec/15
Ireland 4.10 Jun/16
Macau 4.00 Sep/16
Uganda 3.91 Jun/16
Algeria 3.90 Dec/15
Palestine 3.90 Jun/16
Israel 3.80 Sep/16
Cameroon 3.70 Mar/16
Mozambique 3.70 Sep/16
Brunei 3.60 Mar/16
Honduras 3.60 Dec/15
New Zealand 3.60 Jun/16
Cape Verde 3.50 Jun/16
Bulgaria 3.40 Sep/16
Guatemala 3.40 Jun/16
Lesotho 3.40 Dec/15
United Arab Emirates 3.40 Dec/15
Kosovo 3.30 Jun/16
Bolivia 3.24 Jun/16
Albania 3.20 Jun/16
Comoros 3.20 Dec/15
Spain 3.20 Sep/16
Thailand 3.20 Sep/16
Mauritania 3.10 Dec/15
Turkey 3.10 Jun/16
Georgia 3.00 Jun/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Malta 3.00 Sep/16
Slovakia 3.00 Sep/16
Croatia 2.90 Sep/16
Malawi 2.90 Dec/15
Cyprus 2.80 Sep/16
Sweden 2.80 Sep/16
Montenegro 2.70 Jun/16
Slovenia 2.70 Sep/16
Serbia 2.60 Sep/16
Somalia 2.60 Dec/14
South Korea 2.60 Sep/16
Sri Lanka 2.60 Jun/16
Bahrain 2.50 Jun/16
El Salvador 2.50 Mar/16
Ghana 2.50 Jun/16
Mauritius 2.50 Jun/16
Poland 2.50 Sep/16
Cayman Islands 2.40 Mar/16
Iraq 2.40 Dec/15
Netherlands 2.40 Sep/16
Bosnia and Herzegovina 2.30 Jun/16
Egypt 2.30 Mar/16
United Kingdom 2.30 Sep/16
Hungary 2.20 Sep/16
Macedonia 2.20 Jun/16
New Caledonia 2.20 Dec/15
Afghanistan 2.10 Dec/15
Taiwan 2.03 Sep/16
Kyrgyzstan 2.00 Sep/16
Mexico 2.00 Sep/16
Qatar 2.00 Jun/16
Czech Republic 1.90 Sep/16
European Union 1.90 Sep/16
Hong Kong 1.90 Sep/16
Jordan 1.90 Jun/16
Australia 1.80 Sep/16
Greece 1.80 Sep/16
Kuwait 1.80 Dec/15
Moldova 1.80 Jun/16
Ukraine 1.80 Sep/16
Euro Area 1.70 Sep/16
Haiti 1.70 Dec/15
Lithuania 1.70 Sep/16
Swaziland 1.70 Dec/15
Botswana 1.60 Jun/16
Chile 1.60 Sep/16
Finland 1.60 Sep/16
Portugal 1.60 Sep/16
United States 1.60 Sep/16
Germany 1.50 Sep/16
Zimbabwe 1.50 Dec/15
Jamaica 1.40 Jun/16
Saudi Arabia 1.40 Jun/16
Uruguay 1.40 Jun/16
Belgium 1.30 Sep/16
Canada 1.30 Sep/16
Switzerland 1.30 Sep/16
Tunisia 1.30 Sep/16
Austria 1.20 Sep/16
Bahamas 1.20 Dec/15
Colombia 1.20 Sep/16
Denmark 1.20 Sep/16
Republic of the Congo 1.20 Dec/15
Estonia 1.10 Sep/16
France 1.10 Sep/16
Japan 1.10 Sep/16
Singapore 1.10 Sep/16
Italy 1.00 Sep/16
Lebanon 1.00 Dec/15
Morocco 1.00 Sep/16
Barbados 0.90 Dec/15
Nepal 0.77 Dec/15
South Africa 0.70 Sep/16
Iran 0.60 Mar/15
Kazakhstan 0.40 Sep/16
Eritrea 0.30 Dec/15
Latvia 0.30 Sep/16
Liberia 0.30 Dec/15
Guinea 0.10 Dec/15
Russia -0.40 Sep/16
Puerto Rico -0.60 Dec/15
Liechtenstein -0.80 Dec/14
Norway -0.90 Sep/16
North Korea -1.10 Dec/15
Namibia -1.20 Jun/16
Belarus -1.30 Jun/16
Belize -1.60 Jun/16
Mongolia -1.60 Sep/16
Suriname -2.10 Dec/15
Ecuador -2.20 Jun/16
Nigeria -2.24 Sep/16
Syria -2.30 Dec/11
Armenia -2.60 Sep/16
Brazil -2.90 Sep/16
Argentina -3.40 Jun/16
Azerbaijan -3.40 Jun/16
Burundi -4.10 Dec/15
South Sudan -5.30 Dec/15
Libya -6.00 Dec/15
Venezuela -7.10 Sep/15
Trinidad and Tobago -8.00 Jun/16
Equatorial Guinea -10.60 Dec/15
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15