The Malaysian economy expanded 4.4 percent year-on-year in the third quarter of 2018, following a 4.5 percent expansion in the previous three-month period and below market consensus of 4.6 percent. It was the weakest growth rate since the third quarter of 2016, as net external demand contributed negatively to GDP growth, while investment, private consumption, and government spending continued to rise at a solid pace. GDP Annual Growth Rate in Malaysia averaged 4.80 percent from 2000 until 2018, 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 expected to be 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Malaysia to stand at 4.60 in 12 months time. In the long-term, the Malaysia GDP Annual Growth Rate is projected to trend around 3.60 percent in 2020, according to our econometric models.