Malaysia GDP Annual Growth Rate 2000-2014 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Malaysia expanded 6.40 percent in the second quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Malaysia averaged 4.68 Percent from 2000 until 2014, 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


Actual Previous Highest Lowest Dates Unit Frequency
6.40 6.20 10.30 -6.20 2000 - 2014 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 Saturday, October 25, 2014.


Malaysian Economy Expands 6.4% in Q2


Malaysia GDP grew 6.4 percent from April to June of 2014, higher than a 6.2 percent increase in the first three months of 2014, underpinned by higher exports and continued strength in private domestic demand.

On the supply side, growth in the manufacturing and services continued to expand coupled with a sturdy pace in agriculture. Manufacturing sector grew by 7.3 percent compared with 6.8 percent in the preceding quarter. Services expanded by 6 percent from 6.6 percent and agriculture rose 7.1 percent from 2.3 percent.

On the expenditure side, gross fixed capital formation remained sound with a growth of 7.2 percent, while exports advanced 8.8 percent and imports grew 3.9 percent.  Private consumption gained 6.5 percent from 7.1 percent expansion in the previous quarter supported by stable employment conditions and continued wage growth.

Quarter-on-quarter, the economy advanced 1.8 percent compared with 0.8 percent expansion reported in the first three months of 2014..

For the first half of 2014, Malaysia’s economy grew 6.3 percent. Governor Bank Negara Malaysia said full-year growth will likely exceed earlier projections at 4.5 to 5.5 percent in 2014. The bank also mentioned it will issue a revised forecast after the government's budget presentation in October.

Bank Negara Malaysia l Rida l rida@tradingeconomics.com
8/15/2014 10:03:58 AM


Recent Releases

Malaysia GDP Advances 0.8% QoQ in Q1
Malaysian economy advanced a seasonally adjusted 0.8 percent quarter-on-quarter in the first three months of 2014, decelerating from a 1.9 percent expansion in the previous quarter. Published on 2014-05-16

Malaysian GDP Accelerates in Q4 2013
In the last quarter of 2013, Malaysian economy expanded at a faster pace of 2.1 percent over the previous quarter, up from 1.7 percent in the previous three-month period. Full 2013 growth rate decelerated to 4.7 percent, from 5.6 percent in 2012. Published on 2014-02-12


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-11-15 10:00 AM Malaysia
GDP Growth Rate YoY
Q3 2013 5.0% 4.4% (R) 4.8% 4.71%
2014-02-12 10:00 AM Malaysia
GDP Growth Rate YoY
Q4 2013 5.1% 5.0% 4.8% 4%
2014-05-16 11:00 AM Malaysia
GDP Growth Rate YoY
Q1 2014 6.2% 5.1% 5.5% 5.69%
2014-08-15 07:30 AM Malaysia
GDP Growth Rate YoY
Q2 2014 6.4% 6.2% 5.8% 5.03%
2014-11-14 11:00 AM Malaysia
GDP Growth Rate YoY
Q3 2014 5.04%


Malaysia GDP Last Previous Highest Lowest Unit
GDP 312.44 305.03 312.44 2.42 USD Billion [+]
GDP Growth Rate 1.80 0.80 5.90 -7.60 Percent [+]
GDP Annual Growth Rate 6.40 6.20 10.30 -6.20 Percent [+]
GDP Constant Prices 205623.00 198646.00 206678.00 130630.00 MYR Million [+]
Gross National Product 186.70 190.10 190.10 127.10 MYR Billion [+]
GDP per capita 6990.25 6786.19 6990.25 815.29 USD [+]
Gross Fixed Capital Formation 53974.00 55030.00 56158.00 27407.00 MYR Million [+]
GDP per capita PPP 22555.79 21897.32 22555.79 10154.87 USD [+]