Malaysia GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Malaysia expanded 6.20 percent in the first 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.

   
 
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Malaysia GDP Annual Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
6.20 5.10 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.


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.

Private consumption growth remained strong at 7.1 percent (Q4 2013: 7.4 percent) in the first quarter, supported by stable employment conditions and continued wage growth. Growth in public consumption increased to 11.2 percent (Q4 2013: 5.2 percent), reflecting higher government spending on supplies and services. 

Gross fixed capital formation grew by 6.3 percent (Q4 2013: 6.5 percent), driven by robust private sector capital spending amidst a contraction in public investment growth. Growth in private investment remained strong at 14.1 percent (Q4 2013: 16.6 percent), underpinned by capital spending in the manufacturing and services sectors. Public investment declined by 6.4 percent (Q4 2013: -1.4 percent), reflecting the contraction in capital spending by both the Federal Government and the public enterprises.  

Gross exports grew at a stronger pace of 10.9 percent (Q4 2013: 10.2 percent), reflecting the continued expansion of global economic activity while gross imports expanded at a more moderate pace of 5.5 percent (Q4 2013: 11.6 percent).  

On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 0.8 percent, slowing from a 1.9 percent expansion in the previous three months.

Bank Negara Malaysia | Joana Taborda | joana.taborda@tradingeconomics.com
5/16/2014 1:37:32 PM


Recent Releases

Malaysia GDP Expands 5.1% in Q4 2013
In the fourth quarter of 2013, Malaysian economy accelerated to an annual growth rate of 5.1 percent, the fastest pace in the last four quarters, supported by private sector demand and an improvement in exports. Published on 2014-02-12

Malaysian GDP Growth Beats Estimates in Q3
In the third quarter of 2013, Malaysian economy advanced 5 percent over a year earlier, outpacing the second quarter growth of 4.4 percent. The economy accelerated for the third consecutive quarter, led by higher production in services, manufacturing and construction. Published on 2013-11-15


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-08-21 11:00 AM Malaysia
GDP Growth Rate YoY
Q2 2013 4.3% 4.1% 4.45% 2.16%
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%
2014-08-13 11:00 AM Malaysia
GDP Growth Rate YoY
Q2 2014 6.2% 5.03%


GDP Last Previous Highest Lowest Unit
GDP 312.44 305.03 312.44 2.42 USD Billion [+]
GDP Growth Rate 0.80 1.90 5.90 -7.60 Percent [+]
GDP Annual Growth Rate 6.20 5.10 10.30 -6.20 Percent [+]
GDP Constant Prices 198641.00 206678.00 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 14774.64 14223.40 14774.64 5063.36 USD [+]





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