Updated charts and forecasts on Malaysia Economic Growth (GDP, ann. var. %). Get access to accurate economic data and projections now.
Exchange Rate(MYR per USD, aop)4.144.204.144.404.56 Current Account Balance(USD bn)12.814.114.513.06.2 Current Account Balance(% of GDP)3.54.23.93.21.5 Merchandise Trade Balance(USD bn)35.243.661.258.247.2 Merchandise Exports(USD bn)240.2234.1299.4352.2312.7 ...
The Malaysian economy showed rapid annual economic growth in 2022, at a pace of 8.7% year-on-year (y/y). This was the fastest annual GDP growth rate since 2000. Easing of COVID-19 restrictions in early 2022 helped to drive a rebound in private consumption. Exports also pos...
Literacy rate: 93.1% (2010 est.) Economic summary: GDP/PPP (2013 est.): $525 billion; per capita $17,500. Real growth rate: 4.7%. Inflation: 2.2%. Unemployment: 3.1%. Arable land: 5.44%. Agriculture: Peninsular Malaysia—rubber, palm oil, cocoa, rice; Sabah—subsistence crops, rubber...
Despite a relatively high Q4 2022 growth rate, Malaysia is likely to face a downtrend in most key economic indicators from mid-2023 onwards until Q1 2024. There could be spillover effects from other economies hit by recession. The increase in power tariffs, while not affecting consumers directly...
Gross Domestic Product of Malaysia grew 3.6% in 2023 compared to last year. This rate is 53 -tenths of one percent less than the figure of 8.9% published in 2022.
Gross Savings Rate (%)26.9Dec 2022quarterlyMar 2010 - Dec 2022 Investment: % of GDP (%)25.3Jun 2024quarterlyMar 1991 - Jun 2024 Nominal GDP (USD mn)102,217.9Dec 2022quarterlyMar 1991 - Dec 2022 Nominal GDP Growth (%)7.452Jun 2024quarterlyMar 1992 - Jun 2024 ...
Gross Savings Rate (%)26.9Dec 2022quarterlyMar 2010 - Dec 2022 Investment: % of GDP (%)21.5Sep 2024quarterlyMar 1991 - Sep 2024 Nominal GDP (USD mn)102,217.9Dec 2022quarterlyMar 1991 - Dec 2022 Nominal GDP Growth (%)5.933Sep 2024quarterlyMar 1992 - Sep 2024 ...
The World Bank said in a report, the adjusted growth forecast was due to Malaysia's deep financial and trade integration with the global economy, unresolved trade tensions, heightened protectionist tendencies among major economies, a sharper-than-expected slowdown in larger economies, as well as the...
The country's GDP rose by 3.9 percent in the first three quarters of last year. The government has yet to announce the GDP growth rate for this year, but Prime Minister Anwar Ibrahim said during the finance ministry's assembly on Tu...