Malaysia GDP Annual Growth Rate  2000-2018 | Data | Chart | Calendar

The Malaysian economy advanced 5.4 percent year-on-year in the March quarter of 2018, compared to a 5.9 percent growth in the previous three months and below market consensus of a 5.5 percent expansion. It was the weakest growth since the fourth quarter 2016, as private consumption, investment, exports, and government spending increased at softer paces. On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 1.4 percent, faster than an upwardly revised 1 percent growth in the previous period. GDP Annual Growth Rate in Malaysia averaged 4.81 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.

Malaysia GDP Annual Growth Rate
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Malaysia Q1 GDP Growth Weakest in 5 Quarters


The Malaysian economy advanced 5.4 percent year-on-year in the March quarter of 2018, compared to a 5.9 percent growth in the previous three months and below market consensus of a 5.5 percent expansion.It was the weakest growth since the fourth quarter 2016, as private consumption, investment, exports, and government spending increased at softer paces.

In the first quarter, gross fixed capital formation expanded 0.1 percent, much slower than a 4.3 percent growth in the preceding quarter, due to a deceleration in machinery & equipment and other asset. In addition, goverment spending edged up 0.4 percent, slower than a 6.8 percent increase in the prior three months. Exports grew by 3.7 percent, lower than a 6.7 percent rise in the December quarter. Imports declined 2 percent, compared to a 7.3 percent rise in the previous three months. Meantime, private consumption increased by 6.9 percent year-on-year, following a 7 percent rise in the previous period, supported by purchases of food & non-alcoholic beverages, communication, restaurant & hotel and housing & utilities.
 
On the production side, growth slowed for the agriculture sector (2.8 percent vs 10.7 percent in Q4); manufacturing (5.3 percent vs 5.4 percent), and construction (4.9 percent vs 5.9 percent). On the positive note, the services grew by 6.5 percent compared to 6.2 percent increased in Q4. Also, the mining & quarrying sector edged up 0.1 percent, after declining 0.3 percent in Q4.
 
Moving forward, economic growth is expected to remain strong in 2018, boosted by domestic demand. Meanwhile, exports are expected to continue to benefit from favourable global demand conditions. Headline inflation is expected to average 2%-3% in 2018, due to a smaller contribution from global cost factors and a stronger ringgit exchange rate compared to 2017.
 
On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 1.4 percent,  slower than an upwardly revised 1 percent growth in the previous period.
 


Department of Statistics, Malaysia | Chusnul Ch Manan | chusnul@tradingeconomics.com
5/17/2018 11:41:55 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-11-17 04:00 AM GDP Growth Rate YoY 6.2% 5.8% 5.8% 5.5%
2018-02-14 04:00 AM GDP Growth Rate YoY 5.9% 6.2% 5.7% 5.80%
2018-05-17 04:00 AM GDP Growth Rate YoY 5.4% 5.9% 5.5% 5.7%
2018-08-16 04:00 AM GDP Growth Rate YoY 5.4% 5.5%
2018-11-16 04:00 AM GDP Growth Rate YoY 4.8%


Malaysia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.40 1.00 5.50 -5.90 percent [+]
GDP Annual Growth Rate 5.40 5.90 10.30 -6.20 percent [+]
GDP 296.54 296.43 338.06 1.90 USD Billion [+]
GDP Constant Prices 295288.00 308078.00 308078.00 130630.00 MYR Million [+]
Gross National Product 286.90 301.20 301.20 127.10 MYR Billion [+]
Gross Fixed Capital Formation 74374.00 72235.00 77467.00 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 22406.00 25597.00 26690.00 19362.00 MYR Million [+]
GDP From Construction 14093.00 13352.00 14093.00 6464.00 MYR Million [+]
GDP From Manufacturing 67342.00 70230.00 70230.00 45868.00 MYR Million [+]
GDP From Mining 25048.00 25343.00 25424.00 20435.00 MYR Million [+]
GDP From Services 161915.00 168945.00 168945.00 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.40 5.90 10.30 -6.20 2000 - 2018 percent Quarterly
Constant 2005




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Canada 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.50 Mar/18
Australia 2.40 Dec/17
Germany 2.30 Mar/18
Brazil 2.10 Dec/17
France 2.10 Mar/18
Switzerland 1.90 Dec/17
Italy 1.40 Mar/18
Russia 1.30 Mar/18
Mexico 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 0.90 Mar/18


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