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

The Malaysian economy expanded 4.0 percent year-on-year in the June quarter of 2016, moderating from a 4.2 percent growth in the previous period and in line with market expectations. It was the 5th straight quarter of decelerating growth as a surge in investment and a faster increase in private consumption and government spending were unable to offset a decline in net exports. On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 0.7 percent, slowing from a 1.0 percent expansion in the previous three months and marking the weakest growth in three 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. GDP Annual Growth Rate in Malaysia is reported by the Department of Statistics Malaysia.

Malaysia GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
4.00 4.20 10.30 -6.20 2000 - 2016 percent Quarterly
Constant 2005
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-18 04:00 AM Q4 4.5% 4.7% 4.3% 4.8%
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%
2016-11-14 04:00 AM Q3 4% 3.9%
2017-02-15 04:00 AM Q4 4.1%

Malaysia GDP Growth Slows for 5th straight Quarter in Q2


The Malaysian economy expanded 4.0 percent year-on-year in the June quarter of 2016, moderating from a 4.2 percent growth in the previous period and in line with market expectations. It was the 5th straight quarter of decelerating growth as a surge in investment and a faster increase in public consumption and government spending were unable to offset a decline in net exports.

In the second quarter, private consumption grew by 6.3 percent year-on-year, faster than a 5.3 percent growth in the previous quarter, supported by continued wage and employment growth. Public consumption expanded by 6.5 percent, accelerating from  a 3.8 percent increase in the March quarter, due to higher spending on supplies and services. Gross fixed capital formation rose 6.1 percent, surging from a 0.1 percent expansion in the preceding quarter. Private investment advanced by 5.6 percent, following a 2.2 percent in the March quarter, mainly supported by continued capital spending in the services and manufacturing sectors. Public investment grew by by 7.5 percent, after declining 4.5 percent in the previous period, due to higher spending on fixed assets by the Federal government and public corporations.  Exports rose 1.0 percent, rebounding from a 0.5 percent decrease in the first quarter,  driven by an increase in exports of goods and services. Imports also grew by 2.0 percent, as compared to a 1.3 percent rise in the previous three months.

On the production side, agriculture sector registered a contraction (-7.9 percent from -3.8 percent in the previous quarter). In contrast, an expansion was seen in the mining sector (+2.6 percent from +0.3 percent, mostly due to higher crude oil and natural gas production), construction sector (+8.8 percent from +7.9 percent, dominated by the civil engineering sub-sector), services (+5.7 percent from +5.1 percent, supported by  stronger household spnding) and manufacturing sector (+4.1 percent from + 4.5 percent, contributed by the electronics and electrical cluster.)   

Moving forward, Malaysia's GDP is expected to be between 4–4.5 percent, despite the challenging economic environment globally. Domestic demand will continue to be the principal driver of growth, sustained primarily by private sector spending. Private consumption is expected to grow further, underpinned by continued growth in wages and employment, as well as additional disposable income from government measures. Overall investment is also will remain supported by the implementation of infrastructure development projects and capital spending in the manufacturing and services sectors. Exports are projected to remain weak given the subdued global demand.

On a quarter-on-quarter seasonally-adjusted basis, the GDP grew by 0.7 percent, slowing from a 1.0 percent expansion in the previous three months and marking the weakest growth in three quarters.


Bank Negara Malaysia l Rida Husna | rida@tradingeconomics.com
8/12/2016 6:35:59 AM

Malaysia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 1.00 5.90 -7.60 percent [+]
GDP Annual Growth Rate 4.00 4.20 10.30 -6.20 percent [+]
GDP 296.22 338.10 338.10 2.42 USD Billion [+]
GDP Constant Prices 271282.00 265088.00 277924.00 130630.00 MYR Million [+]
Gross National Product 265.39 260.87 272.38 127.10 MYR Billion [+]
Gross Fixed Capital Formation 74501.00 67629.00 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 21206.00 20052.00 26654.00 19362.00 MYR Million [+]
GDP From Construction 11899.00 12558.00 12558.00 6464.00 MYR Million [+]
GDP From Manufacturing 63814.00 60616.00 63814.00 45868.00 MYR Million [+]
GDP From Mining 24356.00 24823.00 24823.00 20435.00 MYR Million [+]
GDP From Services 146416.00 143282.00 150358.00 99821.00 MYR Million [+]




Last
Ethiopia 9.60 Dec/15
Ivory Coast 9.40 Mar/16
Papua New Guinea 9.00 Dec/15
Dominican Republic 8.70 Jun/16
Tanzania 7.90 Jun/16
Uzbekistan 7.80 Jun/16
Congo 7.70 Dec/15
Monaco 7.20 Dec/14
India 7.10 Jun/16
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
Myanmar 7.00 Dec/15
Philippines 7.00 Jun/16
Cambodia 6.90 Dec/15
China 6.70 Jun/16
Djibouti 6.70 Dec/15
Tajikistan 6.50 Jun/16
Turkmenistan 6.50 Dec/15
Vietnam 6.40 Sep/16
Paraguay 6.20 Jun/16
Benin 6.10 Jun/16
Romania 6.00 Jun/16
Burkina Faso 5.90 Jun/16
Kenya 5.90 Mar/16
Cape Verde 5.80 Mar/16
Togo 5.80 Mar/16
Senegal 5.70 Jun/16
Chad 5.60 Dec/15
Bhutan 5.50 Dec/15
Guinea Bissau 5.50 Jun/16
Mali 5.40 Mar/16
Rwanda 5.40 Jun/16
Sao Tome and Principe 5.30 Dec/15
Panama 5.20 Jun/16
Indonesia 5.18 Jun/16
Zambia 5.00 Dec/15
Bolivia 4.95 Mar/16
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Niger 4.90 Dec/15
Sudan 4.90 Dec/15
Costa Rica 4.80 Mar/16
Maldives 4.80 Mar/16
Gambia 4.70 Dec/15
Luxembourg 4.40 Mar/16
Cuba 4.30 Dec/15
East Timor 4.30 Dec/15
Seychelles 4.30 Dec/15
Pakistan 4.24 Dec/15
Fiji 4.20 Dec/15
Gabon 4.20 Dec/15
Ireland 4.10 Jun/16
Nicaragua 4.10 Mar/16
Malaysia 4.00 Jun/16
Algeria 3.90 Dec/15
Palestine 3.90 Jun/16
Egypt 3.80 Dec/15
Kosovo 3.80 Mar/16
Cameroon 3.70 Mar/16
Iceland 3.70 Jun/16
Mauritius 3.70 Mar/16
Mozambique 3.70 Jun/16
Peru 3.70 Jun/16
Slovakia 3.70 Jun/16
Brunei 3.60 Mar/16
Honduras 3.60 Dec/15
New Zealand 3.60 Jun/16
Thailand 3.50 Jun/16
Lesotho 3.40 Dec/15
Sweden 3.40 Jun/16
United Arab Emirates 3.40 Dec/15
Australia 3.30 Jun/16
South Korea 3.30 Jun/16
Comoros 3.20 Dec/15
Spain 3.20 Jun/16
Germany 3.10 Jun/16
Mauritania 3.10 Dec/15
Poland 3.10 Jun/16
Turkey 3.10 Jun/16
Albania 3.00 Mar/16
Bulgaria 3.00 Jun/16
Georgia 3.00 Jun/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Malta 3.00 Jun/16
Israel 2.90 Jun/16
Malawi 2.90 Dec/15
Croatia 2.80 Jun/16
Guatemala 2.80 Mar/16
Saudi Arabia 2.80 Jun/16
Cyprus 2.70 Jun/16
Slovenia 2.70 Jun/16
Czech Republic 2.60 Jun/16
Hungary 2.60 Jun/16
Somalia 2.60 Dec/14
Sri Lanka 2.60 Jun/16
Bahrain 2.50 Jun/16
El Salvador 2.50 Mar/16
Ghana 2.50 Jun/16
Mexico 2.50 Jun/16
Norway 2.50 Jun/16
Cayman Islands 2.40 Mar/16
Iraq 2.40 Dec/15
Jordan 2.30 Mar/16
Netherlands 2.30 Jun/16
Macedonia 2.20 Jun/16
United Kingdom 2.20 Jun/16
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Mar/16
Latvia 2.10 Jun/16
Singapore 2.10 Jun/16
Colombia 2.00 Jun/16
Serbia 2.00 Jun/16
Switzerland 2.00 Jun/16
Lithuania 1.90 Jun/16
European Union 1.80 Jun/16
Kuwait 1.80 Dec/15
Moldova 1.80 Jun/16
Haiti 1.70 Dec/15
Hong Kong 1.70 Jun/16
Swaziland 1.70 Dec/15
Botswana 1.60 Jun/16
Euro Area 1.60 Jun/16
Armenia 1.50 Jun/16
Chile 1.50 Jun/16
Suriname 1.50 Dec/15
Zimbabwe 1.50 Dec/15
Belgium 1.40 Jun/16
Mongolia 1.40 Jun/16
Morocco 1.40 Jun/16
Tunisia 1.40 Jun/16
Ukraine 1.40 Jun/16
Uruguay 1.40 Jun/16
France 1.30 Jun/16
New Caledonia 1.30 Dec/14
United States 1.30 Jun/16
Austria 1.20 Jun/16
Bahamas 1.20 Dec/15
Republic of the Congo 1.20 Dec/15
Montenegro 1.10 Mar/16
Qatar 1.10 Mar/16
Lebanon 1.00 Dec/15
Barbados 0.90 Dec/15
Canada 0.90 Jun/16
Portugal 0.90 Jun/16
Estonia 0.80 Jun/16
Italy 0.80 Jun/16
Jamaica 0.80 Mar/16
Japan 0.80 Jun/16
Nepal 0.77 Dec/15
Taiwan 0.70 Jun/16
Iran 0.60 Mar/15
South Africa 0.60 Jun/16
Denmark 0.40 Jun/16
Finland 0.40 Jun/16
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
Guinea 0.10 Dec/15
Kazakhstan 0.10 Jun/16
Greece -0.40 Jun/16
Puerto Rico -0.60 Dec/15
Russia -0.60 Jun/16
Liechtenstein -0.80 Dec/14
North Korea -1.10 Dec/15
Namibia -1.20 Jun/16
Belarus -1.30 Jun/16
Uganda -1.30 Mar/16
Belize -1.60 Jun/16
Nigeria -2.06 Jun/16
Kyrgyzstan -2.30 Jun/16
Syria -2.30 Dec/11
Ecuador -3.00 Mar/16
Argentina -3.40 Jun/16
Azerbaijan -3.40 Jun/16
Brazil -3.80 Jun/16
Burundi -4.10 Dec/15
Trinidad and Tobago -5.20 Mar/16
South Sudan -5.30 Dec/15
Libya -6.00 Dec/15
Macau -7.10 Jun/16
Venezuela -7.10 Sep/15
Equatorial Guinea -10.60 Dec/15
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15