Malaysia Gdp Growth Rate Quarterly
Friday 18 september 2020 1200 malaysia economic performance second quarter 2020.
Malaysia gdp growth rate quarterly. Malaysia s 2019 gdp grew 4 3 from a year earlier while first quarter of 2020 1q20 gdp expanded 0 7 according to bnm and the department of statistics malaysia dosm. Kuala lumpur may 8 malaysia s gross domestic product gdp growth is expected to ease to an annual rate of 2 2 per cent in the first quarter of 2020 q1 2020 from 3 6 per cent in q4 2019 according to ihs markit s estimates. Malaysia s gdp grew at 0 7 per cent from 3 6 per cent in the fourth quarter of 2019. 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.
This page provides malaysia gdp growth rate actual values historical data forecast chart statistics economic calendar and news. 1300 88 5465 bnmtelelink 603 2698 8044 general line bnmtelelink bnm gov my. The growth in this quarter was supported by services sector 3 1 per cent and manufacturing 1 5 per cent while the other sectors registered negative growth. For 1q20 bnm said in a statement on may 13 2020 that on a quarter on quarter seasonally adjusted basis the economy contracted 2 during the quarter.
Jalan dato onn 50480 kuala lumpur malaysia. In 2019 gvati grew at a rate of 9 0 per cent 2018. The bank negara malaysia annual report features a comprehensive material on economic developments and trends in malaysia. The gross domestic product gdp in malaysia contracted 17 1 yoy in jun 2020 following a growth of 0 7 in the previous quarter.
This is the lowest growth recorded since the third quarter of 2009 negative 1 1 per cent. Gdp growth rate in malaysia averaged 0 94 percent from 2000 until 2020 reaching an all time high of 5 50 percent in the third quarter of 2002 and a record low of 16 50 percent in the second quarter of 2020. On a seasonally adjusted quarterly basis the economy shrank by 16 5 percent the most contraction since the series began in the second quarter 2000. The data reached an all time high of 10 3 in mar 2010 and a record low of 17 1 in jun 2020.
Similar to japan s economic growth ihs markit said q1 2020. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. Real gdp growth yoy data in malaysia is updated quarterly available from mar 2001 to jun 2020 with an average rate of 5 1. World bank national accounts data and oecd national accounts data files.
The report includes information on money and credit public finance real sector development production prices wages and employment and external sector developments exchange rate trade and balance of payments.