Malaysia GDP Annual Growth Rate 2000-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Malaysia expanded 4.90 percent in the second quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Malaysia averaged 4.77 percent from 2000 until 2015, 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
4.90 5.60 10.30 -6.20 2000 - 2015 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. Content for - Malaysia GDP Annual Growth Rate - was last refreshed on Sunday, August 30, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-02-12 04:00 AM Q4 5.8% 5.6% 5.0% 4.91%
2015-05-15 05:00 AM Q1 5.6% 5.7%(R) 5.5% 5.37%
2015-08-13 05:00 AM Q2 4.9% 5.6% 4.5% 5.0%
2015-11-12 04:00 AM Q3 4.9% 4.80%


Malaysia GDP Growth Slows to 4.9% in Q2


The Malaysian economy advanced 4.9 percent year-on-year in the second quarter of 2015, moderating from a 5.6 percent expansion in the previous period but still above market consensus. The private and public consumption remained the key driver of growth while exports contracted further.

On the expenditure side, private consumption advanced 6.4 percent year-on-year, slowing from a 8.8 percent growth in the previous quarter, as households adjust to the implementation of the Goods and Services Tax. Public consumption expanded by 6.8 percent, accelerating from a 4.1 percent growth in the first quarter, due to stronger expansion in supplies and services expenditure amid sustained growth in emoluments.

Private investment grew by 3.9 percent, significantly down  from 11.7 percent in the March quarter, mainly due to a decline in spending on machinery and equipment, especially in the transportation segement, and slower investment in dwelling services. In contrast, public investment declined by 8.0 percent, following a 0.5 percent expansion in the previous period, mainly attributed to the near completion of a few projects by public enterprises, which more than offset an increase of capital expenditure by the Federal Government.

Exports declined by 3.7 percent, following a o.6 percent drop in the preceding quarter, due to subdued performance in exports of goods and services. Imports also fell by 2.8 percent, after registering a 1.0 percent rise in January to March.

On the production side, the services sector grew by 5.0 percent, slowing from a 6.4 percent expansion in the previous quarter, underpinned by wholesale & retail trade (+5.9 percent, mainly driven by wholesale segment) and information & communication (+9.3 percent, mainly due to the sturdy momentum in communication). The manufacturing sector rose 4.2 percent, slowing from a 5.6  percent year-on-year expansion in the previous quarter, mainly driven by electrical, electronic & optical products (+4.5 percent, backed by the strong momentum in consumer electronics and a rebound in computer equipment). Higher production in chemicals & chemical products and a recovery in production of rubber products has induced the petroleum, chemical, rubber & plastic products growing by 3.5 percent. The mining and quarrying sector grew by 6.0 percent, slowing from a 9.6 percent growth in the March quarter, mainly due to a decline in production of natural gas and moderation in production of crude oil.

Moving forward, Malaysia's GDP is expected to remain on a steady growth path with domestic demand remaining as the key driver of growth. Private consumption is expected to continue to adjust to the introduction of the Goods and Services Tax (GST), although wage growth and stable labour market conditions would provide support to household spending. Investment activity will be supported by capital spending in the manufacturing and services sectors, as well as for infrastructure projects. These developments will contribute towards offsetting the weaker performance of the external sector.

On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 1.1 percent, slightly slowing from a 1.2 percent expansion in the previous three months.

For the first half of 2015, GDP expanded by 5.3 percent, slowing from a 6.4 percent expansion in the same period a year earlier.

Bank Negara Malaysia l Rida Husna l rida@tradingeconomics.com
8/13/2015 5:57:21 AM


Recent Releases

Malaysia GDP Growth Above Forecasts
The Malaysian economy advanced 5.6 percent year-on-year in the first quarter of 2015, moderating from a revised 5.7 percent expansion in the previous period but better than market expectations. The private sector remained the key driver of growth while exports contracted.
Published on 2015-05-15

Malaysia GDP Beats Forecast in Q4
The Malaysian economy expanded 5.8 percent in the fourth quarter of 2014, accelerating from a 5.6 percent growth reported from July to September mainly driven by a rise in private consumption and investment.
Published on 2015-02-12

Malaysia GDP Growth Slows in Q3
The Malaysian economy expanded 5.6 percent in the third quarter of 2014, decelerating from a revised 6.5 percent growth reported from April to June, as all sectors of the economy rose at a slower pace.
Published on 2014-11-14

Malaysian GDP Growth Beats Expectations in Q1
Malaysia's economy advanced 6.2 percent year-on-year in the first three months of 2014, its fastest pace in five quarters, driven by resilient domestic demand and stronger exports.
Published on 2014-05-16


Malaysia GDP Last Previous Highest Lowest Unit
GDP 326.93 313.16 326.93 2.42 USD Billion [+]
GDP Growth Rate 1.10 1.20 5.90 -7.60 percent [+]
GDP Annual Growth Rate 4.90 5.60 10.30 -6.20 percent [+]
GDP Constant Prices 261080.00 254386.00 265753.00 130630.00 MYR Million [+]
Gross National Product 256.70 246.50 256.70 127.10 MYR Billion [+]
GDP per capita 7304.14 6997.73 7304.14 986.48 USD [+]
Gross Fixed Capital Formation 70250.00 67610.00 70250.00 27407.00 MYR Million [+]
GDP per capita PPP 23578.51 22589.37 23578.51 10159.20 USD [+]
GDP From Agriculture 23017.00 20689.00 26040.00 19362.00 MYR Million [+]
GDP From Construction 10951.00 11659.00 11659.00 6464.00 MYR Million [+]
GDP From Manufacturing 61272.00 57967.00 61272.00 45868.00 MYR Million [+]
GDP From Mining 23804.00 24719.00 24719.00 20435.00 MYR Million [+]
GDP From Services 138584.00 136380.00 143293.00 99821.00 MYR Million [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.30 Mar/15 2.50 9.00 -3.40 percent [+]
Brazil -2.60 Jun/15 -1.60 10.10 -3.15 percent [+]
Canada 2.06 Mar/15 2.63 8.80 -3.70 percent [+]
China 7.00 Jun/15 7.00 14.20 3.80 percent [+]
Euro Area 1.20 Jun/15 1.00 5.00 -5.60 percent [+]
France 1.00 Jun/15 0.82 12.50 -3.95 percent [+]
Germany 1.60 Jun/15 1.20 6.00 -7.90 percent [+]
India 7.50 Mar/15 6.60 11.40 -5.20 percent [+]
Indonesia 4.67 Jun/15 4.71 7.16 1.56 percent [+]
Italy 0.50 Jun/15 0.10 10.30 -6.90 percent [+]
Japan 0.70 Jun/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.20 Jun/15 2.50 8.50 -8.10 percent [+]
Netherlands 1.60 Jun/15 2.50 5.80 -4.40 percent [+]
Russia -4.60 Jun/15 -2.20 12.10 -11.20 percent [+]
South Korea 2.20 Jun/15 2.50 18.20 -7.30 percent [+]
Spain 3.10 Jun/15 2.70 5.60 -4.30 percent [+]
Switzerland 1.20 Jun/15 1.20 5.40 -3.60 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.60 Jun/15 2.90 9.80 -5.80 percent [+]
United States 2.70 Jun/15 2.90 13.40 -4.10 percent [+]