Gdp Growth Rate Malaysia
Malaysia gdp growth rate for 2019 was 4 33 a 0 41 decline from 2018.
Gdp growth rate malaysia. Malaysia economic growth for 2017 was 318 96b a 5 88 increase from 2016. The gross domestic product gdp in malaysia contracted 17 1 yoy in jun 2020 following a growth of 0 7 in the previous quarter. Nevertheless the performance remained above malaysia s gdp and non smes which registered 4 3 per cent and 3 4 per cent respectively. Malaysia economic growth for 2018 was 358 58b a 12 42 increase from 2017.
In 2019 real gdp growth for malaysia was 4 3. This page provides malaysia gdp growth rate actual values historical data forecast chart statistics economic calendar and news. Gross domestic product gdp of malaysia grew 4 33 percent in 2019 and was forecast to remain slightly below 5 percent for the medium term. In 2022 the panel sees the economy expanding 4 7.
Gdp annual growth rate in malaysia averaged 4 46 percent from 2000 until 2020 reaching an all time high of 10 30 percent in the first quarter of 2010 and a record low of 17 10 percent in the second quarter of 2020. Though malaysia real gdp growth fluctuated substantially in recent years it tended to decrease through 2000 2019 period ending at 4 3 in 2019. The description is composed by our digital data assistant. Malaysia gdp growth rate for 2016 was 4 45 a 0 64 decline from 2015.
Malaysia gdp growth rate for 2017 was 5 74 a 1 29 increase from 2016. Malaysia gdp growth rate for 2018 was 4 74 a 1 decline from 2017. Real gdp growth yoy data in malaysia is updated quarterly available from mar 2001 to jun 2020 with an average rate of 5 1. Focuseconomics panelists see the economy growing 6 6 in 2021 which is up 0 1 percentage points from last month s forecast.
World bank national accounts data and oecd national accounts data files. Gdp growth annual malaysia. The data reached an all time high of 10 3 in mar 2010 and a record low of 17 1 in jun 2020.