Malaysia GDP Annual Growth Rate  2000-2017 | Data | Chart | Calendar

The Malaysian economy expanded 5.8 percent year-on-year in the second quarter of 2017, compared to a 5.6 percent growth in the previous three months and above market expectations of 5.4 percent. The expansion remained at its strongest level since the March quarter 2015, as private consumption rose at a faster pace and growth in most sectors accelerated. On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 1.3 percent, lower than a 1.8 percent growth in the previous period. GDP Annual Growth Rate in Malaysia averaged 4.76 percent from 2000 until 2017, 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.

Malaysia GDP Annual Growth Rate
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Malaysia GDP Growth Beats Estimates In Q2


The Malaysian economy expanded 5.8 percent year-on-year in the second quarter of 2017, compared to a 5.6 percent growth in the previous three months and above market expectations of 5.4 percent. The expansion remained at its strongest level since the March quarter 2015, as private consumption rose at a faster pace and growth in most sectors accelerated.

In the June quarter, private consumption increased by 7.1 percent year-on-year, faster than a 6.6 percent rise in the previous period. Gross fixed capital formation growth moderated to 4.1 percent, compared to a 10 percent expansion in the preceding quarter. Exports rose 9.6 percent from  a 9.8 percent rise in the March quarter. Imports advanced at a slower 10.7 percent, compared to a 12.9 percent rise in the previous three months. Goverment spending growth moderated to 3.3 percent, from a 7.5 percent increase in the prior three months.

On the production side, the construction sector grew by a faster 8.3 percent (from 6.5 percent in Q1), propelled by civil enigineering, specialized construction activities and residential buildings; as did services (6.3 percent from 5.8 percent), primarily led by wholesdale & retail trade and information & communication; and manufacturing (6 percent from 5.6 percent), boosted by electrical, electronic & optical products and vegetable and animal oils & fats and food processing. Meanwhile, the mining & quarrying sector increased at a slower pace (0.2 percent from 1.6 percent in Q1), and the agriculture sector decelerated (5.9 percent from 8.3 percent), as the growth for palm oil eased (12.1 percent from 17.7 percent).

Moving forward, the Malaysian economy is expected  to expand by more than 4.8 percent in 2017, supported by domestic demand. Meantime, exports are expected to benefit from the stronger-than-expected improvement in global growth. Headline inflation is expected to moderate further in the second half of 2017, reflecting the waning effect of global cost factors. For 2017, it is expected to average within the forecast range of 3.0 – 4.0 percent.

On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 1.3 percent, slower than a 1.8 percent growth in the previous period. Q1's growth was the fastest quarterly expansion since the third quarter 2013.

Department Statistics of Malaysia | Charles | charles@tradingeconomics.com
8/18/2017 7:10:43 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-02-16 04:00 AM GDP Growth Rate YoY 4.5% 4.3% 4.5% 4.4%
2017-05-19 04:00 AM GDP Growth Rate YoY 5.6% 4.5% 4.8% 4.7%
2017-08-18 04:00 AM GDP Growth Rate YoY 5.8% 5.6% 5.4% 4.7%
2017-11-17 04:00 AM GDP Growth Rate YoY 5.8% 4.5%


Malaysia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.30 1.80 5.50 -5.90 percent [+]
GDP Annual Growth Rate 5.80 5.60 10.30 -6.20 percent [+]
GDP 296.36 296.28 338.10 2.42 USD Billion [+]
GDP Constant Prices 287188.00 280095.00 290629.00 130630.00 MYR Million [+]
Gross National Product 282.20 274.50 285.20 127.10 MYR Billion [+]
Gross Fixed Capital Formation 77483.00 74325.00 77483.00 27407.00 MYR Million [+]
GDP per capita 11028.20 10739.50 11028.20 1408.60 USD [+]
GDP per capita PPP 25660.50 24988.80 25660.50 10551.60 USD [+]
GDP From Agriculture 22507.00 21787.00 26631.00 19362.00 MYR Million [+]
GDP From Construction 12892.00 13398.00 13398.00 6464.00 MYR Million [+]
GDP From Manufacturing 67574.00 63953.00 67574.00 45868.00 MYR Million [+]
GDP From Mining 24405.00 25096.00 25456.00 20435.00 MYR Million [+]
GDP From Services 155759.00 151776.00 158824.00 99821.00 MYR Million [+]


Malaysia GDP Annual Growth Rate

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.80 5.60 10.30 -6.20 2000 - 2017 percent Quarterly
Constant 2005




gdp annual growth rate by Country

Last
China 6.90 Jun/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
United Kingdom 1.70 Jun/17
Italy 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17