Malaysia’s economy expanded 5.4% year-on-year in Q1 2026, slightly above preliminary estimates of 5.3%, but easing from 6.2% in Q4. The slowdown was driven by weaker performance in mining and quarrying (-2.1% vs 1.4%), alongside softer growth in agriculture (2.6% vs 5.7%), manufacturing (5.9% vs 6.0%), and construction (7.7% vs 10.9%). Services growth also moderated to 5.6% from 6.2%, though it remained the main driver of overall expansion. On the expenditure side, growth slowed for private consumption (4.7% vs 5.6%), government spending (4.1% vs 6.6%), and fixed investment (7.3% vs 9.3%). Net trade contributed positively, as exports grew 5.2% while imports rose at a softer pace of 4.6%. On a quarterly basis, the economy was flat, marking the weakest performance since Q4 2022, following a revised 1.4% expansion in Q4. Still, Governor Ghaffour said the economy is seen to remain resilient in 2026, with growth projected at 4%–5%, supported by steady domestic demand and export expansion. source: Department of Statistics, Malaysia

The Gross Domestic Product (GDP) in Malaysia expanded 5.40 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Malaysia averaged 4.51 percent from 2000 until 2026, reaching an all time high of 16.30 percent in the second quarter of 2021 and a record low of -16.90 percent in the second quarter of 2020. This page provides - Malaysia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

The Gross Domestic Product (GDP) in Malaysia expanded 5.40 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Malaysia is expected to be 5.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia GDP Annual Growth Rate is projected to trend around 4.20 percent in 2027 and 4.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-17 04:00 AM
YoY Prel
Q1 5.3% 6.3% 5.5%
2026-05-15 04:00 AM
YoY Final
Q1 5.4% 6.2% 5.3% 5.3%
2026-07-17 04:00 AM
YoY Prel
Q2 5.4% 5.2%


Related Last Previous Unit Reference
Full Year GDP Growth 5.20 5.10 percent Dec 2025
GDP Growth Rate YoY 5.40 6.20 percent Mar 2026
GDP Constant Prices 437719.00 457859.00 MYR Million Mar 2026
GDP from Agriculture 24435.00 27268.00 MYR Million Mar 2026
GDP from Construction 19064.00 19281.00 MYR Million Mar 2026
GDP from Manufacturing 101295.00 105344.00 MYR Million Mar 2026
GDP from Mining 24933.00 26759.00 MYR Million Mar 2026
GDP from Services 262003.00 272628.00 MYR Million Mar 2026
GDP Growth Rate 0.00 1.40 percent Mar 2026
Gross Fixed Capital Formation 100378.00 96669.00 MYR Million Mar 2026
Gross National Product 420.60 440.60 MYR Billion Mar 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
5.40 6.20 16.30 -16.90 2000 - 2026 percent Quarterly
Constant 2015=100, NSA

News Stream
Malaysia Q1 GDP Growth Revised Slightly Higher
Malaysia’s economy expanded 5.4% year-on-year in Q1 2026, slightly above preliminary estimates of 5.3%, but easing from 6.2% in Q4. The slowdown was driven by weaker performance in mining and quarrying (-2.1% vs 1.4%), alongside softer growth in agriculture (2.6% vs 5.7%), manufacturing (5.9% vs 6.0%), and construction (7.7% vs 10.9%). Services growth also moderated to 5.6% from 6.2%, though it remained the main driver of overall expansion. On the expenditure side, growth slowed for private consumption (4.7% vs 5.6%), government spending (4.1% vs 6.6%), and fixed investment (7.3% vs 9.3%). Net trade contributed positively, as exports grew 5.2% while imports rose at a softer pace of 4.6%. On a quarterly basis, the economy was flat, marking the weakest performance since Q4 2022, following a revised 1.4% expansion in Q4. Still, Governor Ghaffour said the economy is seen to remain resilient in 2026, with growth projected at 4%–5%, supported by steady domestic demand and export expansion.
2026-05-15
Malaysia Economy Expands 5.3% in Q1
Malaysia’s economy expanded 5.3% year-on-year in Q1 2026, slowing from 6.3% in Q4, preliminary estimates showed. Growth moderated across most sectors, including services (5.4% vs 6.3% in Q4), with performance anchored by the wholesale and retail trade sector. DOSM attributed this to sustained consumer spending, supported by a stable labour market, higher incomes, and ongoing household-focused initiatives. Output also rose at a softer pace in manufacturing (5.8% vs 6.1%), construction (7.8% vs 11.0%), and agriculture (2.8% vs 5.4%). Meanwhile, mining and quarrying contracted (-1.1% vs +2.0%), primarily due to lower production of crude oil and condensate, as well as natural gas. Despite the overall slowdown, Chief Statistician Datuk Seri Mohd Uzir Mahidin said the Q1 data pointed to an economy that remained fundamentally resilient amid rising global uncertainty, particularly from higher oil prices driven by geopolitical tensions.
2026-04-17
Malaysia Q4 GDP Growth Stronger Than Initially Thought
Malaysia’s economy expanded 6.3% year-on-year in Q4 2025, revised up from an initial 5.7% and accelerating from 5.4% growth in Q3. This marked the sharpest expansion since Q4 2022, with broad gains in agriculture (5.4% vs 0.1%), driven by oil palm output (16.2%), manufacturing (6.1% vs 4.1%), particularly vegetable and animal oils & fats (12%), and services (6.3% vs 5.5%), led by wholesale and retail trade (5.7%). Conversely, growth slowed in mining and quarrying (2% vs 9.7%) and construction (11% vs 11.8%). On the expenditure side, government spending (8% vs 7.1%), household consumption (5.3% vs 5%), and fixed investment (9.3% vs 7.4%) rose further. Meanwhile, net trade weighed on growth as imports jumped 7.9% (vs 0.7%), while exports increased by a smaller 3.9% (vs 1.7%). On a quarterly basis, GDP grew 0.8%, easing from 2.7% growth in Q3. For the full year, the economy expanded 5.2%.
2026-02-13