Construction output in Malaysia shrank by 14.2 percent year-on-year in the December quarter of 2020, after a 13.1 contraction in the previous period, amid the new restriction lockdown measures to contain the spread of COVID-19. This was the fourth straight quarter of fall in construction output, with the three sub-sectors all falling: civil engineering (-25.0 percent vs -13.6 percent in Q3), residential buildings (-10.9 percent vs -12 percent), and non-residential (-6.3 percent vs -16 percent). Meanwhile, special trade activities surged by 29.3 percent, after a 1.6 percent gain in Q3. Considering 2020 full year, the construction output contracted by 19.4 percent from a year earlier. source: Department of Statistics, Malaysia
Construction Output in Malaysia averaged 13.53 percent from 2011 until 2016, reaching an all time high of 35.30 percent in the second quarter of 2012 and a record low of -6.30 percent in the first quarter of 2020. This page provides - Malaysia Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Construction Output in Malaysia is expected to be 20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Malaysia to stand at 3.50 in 12 months time. In the long-term, the Malaysia Construction Output is projected to trend around 6.00 percent in 2022, according to our econometric models.