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

The Malaysian economy advanced 6.2 percent year-on-year in the September quarter of 2017, compared to a 5.8 percent growth in the previous three months and beating market consensus of a 5.4 percent expansion. It was the strongest growth since the June quarter 2014, boosted by robust private consumption and faster rises in government spending, investment and exports. On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 1.8 percent, faster than a 1.3 percent growth in the previous period. GDP Annual Growth Rate in Malaysia averaged 4.78 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 Q3 GDP Growth Strongest In Over 3 Years


The Malaysian economy advanced 6.2 percent year-on-year in the September quarter of 2017, compared to a 5.8 percent growth in the previous three months and beating market consensus of a 5.4 percent expansion. It was the strongest growth since the June quarter 2014, boosted by robust private consumption and faster rises in government spending, investment and exports.

In the third quarter, private consumption increased by 7.2 percent year-on-year, following a 7.1 percent rise in the previous period, supported by consumption on food & non-alcoholic beverages, communication and housing & utilities. Also, goverment spending rose 4.3 percent, faster than a 3.3 percent increase in the prior three months. In addition, gross fixed capital formation expanded 6.7 percent, much faster than a 4.1 percent growth in the preceding quarter, driven by machinery & equipment and recovery in other asset. Exports grew by 11.8 percent, higher than  a 9.6 percent rise in the June quarter. Imports advanced 13.4 percent, compared to a 10.7 percent rise in the previous three months. 

On the production side, the services sector went up by 6.6 percent, stronger than a 6.3 percent rise in Q2. At the same time, the manufacturing sector rose 7.0 percent, after growing 6.0 percent in the June quarter. Also, the mining & quarrying sector increased at a faster 3.1 percent (from 0.2 percent). Meantime, the construction sector grew by 6.1 percent (after a 8.3 percent rise in Q2). The agriculture sector grew by 4.1 percent, compared to a 5.9 percent increase in the June quarter. 

Moving forward, the economy is expected  to reach  the upper range of the official projection of 5.2 – 5.7 percent in 2017, supported by domestic demand. Meantime, exports are expected to continue benefiting from the favourable global demand conditions. Headline inflation is expected to average at the upper end of the forecast range of 3 – 4 percent for 2017 as a whole.

On a quarter-on-quarter seasonally-adjusted basis, the economy grew by 1.8 percent, faster than a 1.3 percent growth in the previous period. 

Bank Negara Malaysia l Rida Husna | rida@tradingeconomics.com
11/17/2017 6:03:00 AM



Calendar GMT Actual Previous Consensus TEForecast
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 6.2% 5.8% 5.8% 5.5%


Malaysia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.80 1.30 5.50 -5.90 percent [+]
GDP Annual Growth Rate 6.20 5.80 10.30 -6.20 percent [+]
GDP 296.36 296.28 338.10 2.42 USD Billion [+]
GDP Constant Prices 298575.00 287188.00 298575.00 130630.00 MYR Million [+]
Gross National Product 293.00 282.20 293.00 127.10 MYR Billion [+]
Gross Fixed Capital Formation 74461.00 77483.00 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 26028.00 22507.00 26631.00 19362.00 MYR Million [+]
GDP From Construction 13838.00 12892.00 13838.00 6464.00 MYR Million [+]
GDP From Manufacturing 68150.00 67574.00 68150.00 45868.00 MYR Million [+]
GDP From Mining 23756.00 24405.00 25456.00 20435.00 MYR Million [+]
GDP From Services 162568.00 155759.00 162568.00 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 November of 2017.

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




GDP annual growth rate by Country
Country Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.06 Sep/17
Canada 3.70 Jun/17
South Korea 3.60 Sep/17
Spain 3.10 Sep/17
Netherlands 3.00 Sep/17
Germany 2.80 Sep/17
Euro Area 2.50 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Australia 1.80 Jun/17
Italy 1.80 Sep/17
Russia 1.80 Sep/17
Japan 1.70 Sep/17
Mexico 1.60 Sep/17
United Kingdom 1.50 Sep/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17