Malaysia’s economy expanded 5.3% year-on-year in Q1 2026, slowing from 6.3% in Q4, preliminary estimates showed. Growth moderated across most sectors, including services (5.4% vs 6.3% in Q4), with performance anchored by the wholesale and retail trade sector. DOSM attributed this to sustained consumer spending, supported by a stable labour market, higher incomes, and ongoing household-focused initiatives. Output also rose at a softer pace in manufacturing (5.8% vs 6.1%), construction (7.8% vs 11.0%), and agriculture (2.8% vs 5.4%). Meanwhile, mining and quarrying contracted (-1.1% vs +2.0%), primarily due to lower production of crude oil and condensate, as well as natural gas. Despite the overall slowdown, Chief Statistician Datuk Seri Mohd Uzir Mahidin said the Q1 data pointed to an economy that remained fundamentally resilient amid rising global uncertainty, particularly from higher oil prices driven by geopolitical tensions. source: Department of Statistics, Malaysia
The Gross Domestic Product (GDP) in Malaysia expanded 5.30 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Malaysia averaged 4.51 percent from 2000 until 2026, reaching an all time high of 16.20 percent in the second quarter of 2021 and a record low of -16.90 percent in the second quarter of 2020. This page provides - Malaysia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.
The Gross Domestic Product (GDP) in Malaysia expanded 5.30 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Malaysia is expected to be 5.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia GDP Annual Growth Rate is projected to trend around 5.20 percent in 2027 and 5.00 percent in 2028, according to our econometric models.