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Gross domestic product (GDP) growth rate in Malaysia 2024
Gross domestic product (GDP) growth rate in Malaysia 2024
Malaysia : Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)
by H. Plecher,
last edited
Aug 9, 2019
Gross domestic product (GDP) of Malaysia grew 4.72 percent in 2018 and was forecast to remain slightly below 5 percent for the medium term. This means that the Malaysian economy will double in size in approximately 15 years, according to the trend.
What affects GDP?
GDP is the sum of spending in a country by consumers, investors, and the government, plus net exports. High GDP growth is associated with low unemployment, because a growing economy demands a growing labor force. There are also inflationary pressures, but responsible monetary and fiscal policy can keep the inflation rate low.
GDP and development
Developmental economists focus more on GDP per capita than GDP. Looking at how much each member of the economy generates gives a general idea of the level of development, with strong correlations between this and other development indicators. If population growth is faster than GDP growth, residents in the country will be worse off, in spite of a growing economy.
Malaysia : Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)
Loading statistic...
| GDP growth compared to previous year | |
|---|---|
| 2024* | 4.84% |
| 2023* | 4.84% |
| 2022* | 4.84% |
| 2021* | 4.84% |
| 2020* | 4.8% |
| 2019* | 4.66% |
| 2018 | 4.72% |
| 2017 | 5.9% |
| 2016 | 4.22% |
| 2015 | 5.09% |
| 2014 | 6.01% |
| GDP growth compared to previous year | |
|---|---|
| 2024* | 4.84% |
| 2023* | 4.84% |
| 2022* | 4.84% |
| 2021* | 4.84% |
| 2020* | 4.8% |
| 2019* | 4.66% |
| 2018 | 4.72% |
| 2017 | 5.9% |
| 2016 | 4.22% |
| 2015 | 5.09% |
| 2014 | 6.01% |
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by H. Plecher,
last edited
Aug 9, 2019
Gross domestic product (GDP) of Malaysia grew 4.72 percent in 2018 and was forecast to remain slightly below 5 percent for the medium term. This means that the Malaysian economy will double in size in approximately 15 years, according to the trend.
What affects GDP?
GDP is the sum of spending in a country by consumers, investors, and the government, plus net exports. High GDP growth is associated with low unemployment, because a growing economy demands a growing labor force. There are also inflationary pressures, but responsible monetary and fiscal policy can keep the inflation rate low.
GDP and development
Developmental economists focus more on GDP per capita than GDP. Looking at how much each member of the economy generates gives a general idea of the level of development, with strong correlations between this and other development indicators. If population growth is faster than GDP growth, residents in the country will be worse off, in spite of a growing economy.
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- Show publisher information
- Release date
- April 2019
- Region
- Malaysia
- Survey time period
- 2014 to 2018
- Supplementary notes
-
* Estimate.
Values have been rounded.
Free access to basic statistics
Source
- Show sources information
- Show publisher information
- Release date
- April 2019
More information
- Region
- Malaysia
- Survey time period
- 2014 to 2018
- Supplementary notes
-
* Estimate.
Values have been rounded.
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Statistics on "Malaysia"
- Population
The most important statistics
- Malaysia: Total population from 2014 to 2024 (in million inhabitants)Total population of Malaysia 2024
- Malaysia: Population growth from 2007 to 2017 (compared to previous year)Population growth in Malaysia 2017
- Malaysia: Fertility rate from 2007 to 2017Fertility rate in Malaysia
- Malaysia: Birth rate from 2007 to 2017 (per 1,000 inhabitants)Crude birth rate in Malaysia 2007-2017
- Malaysia: Life expectancy at birth from 2007 to 2017Life expectancy at birth in Malaysia 2017
- Malaysia: Age structure from 2007 to 2017Age structure in Malaysia 2007-2017
- Malaysia: Average age of the population from 1950 to 2050 (median age in years)Median age of the population in Malaysia 2015
- Malaysia: Death rate from 2007 to 2017 (in deaths per 1,000 inhabitants)Death rate in Malaysia 2017
- Economy
The most important statistics
- Malaysia: Gross domestic product (GDP) in current prices from 2014 to 2024 (in billion U.S. dollars)Gross domestic product (GDP) in Malaysia 2024
- Malaysia: Gross domestic product (GDP) per capita in current prices from 2012 to 2022 (in U.S. dollars)Gross domestic product (GDP) per capita in Malaysia 2022
- Malaysia : Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)Gross domestic product (GDP) growth rate in Malaysia 2024
- Malaysia: Share in global gross domestic product (GDP) adjusted for Purchasing Power Parity (PPP) from 2014 to 2024Malaysia: Share in global GDP adjusted for PPP 2024
- Malaysia: Share of economic sectors in the gross domestic product (GDP) from 2007 to 2017Share of economic sectors in the GDP in Malaysia 2017
- Malaysia: Distribution of employment by economic sector from 2008 to 2018Employment by economic sector in Malaysia 2018
- Malaysia : Unemployment rate from 1998 to 2018Unemployment rate in Malaysia 2018
- Malaysia: Youth unemployment rate from 1998 to 2018Youth unemployment rate in Malaysia in 2018
- National finances
The most important statistics
- Malaysia: National debt from 2014 to 2024 (in billion U.S. dollars)National debt of Malaysia 2024
- Malaysia: National debt from 2014 to 2024 in relation to gross domestic product (GDP)National debt of Malaysia in relation to gross domestic product (GDP) 2024
- Malaysia: Ratio of military spending to gross domestic product (GDP) from 2007 to 2017Ratio of military expenditure to gross domestic product (GDP) in Malaysia 2017
- Malaysia: Ratio of government expenditure to gross domestic product (GDP) from 2014 to 2024Ratio of government expenditure to gross domestic product (GDP) in Malaysia 2024
- Malaysia: Budget balance between 2014 to 2024 in relation to GDPMalaysia's budget balance in relation to GDP 2024
- ASEAN countries
The most important statistics
- Total population of the ASEAN countries from 2008 to 2018 (in million inhabitants)Total population of the ASEAN countries from 2008 to 2018
- ASEAN countries: Life expectancy at birth from 2007 to 2017Life expectancy at birth in the ASEAN countries 2017
- ASEAN countries: Death rate from 2007 to 2017 (in deaths per 1,000 inhabitants)Death rates in the ASEAN countries 2017
- Gross domestic product (GDP) of the ASEAN countries from 2008 to 2018 (in billion U.S. dollars)Gross domestic product of the ASEAN countries from 2008 to 2018
- ASEAN countries: Gross domestic product (GDP) per capita in current prices from 2008 to 2018 (in U.S. dollars)Gross domestic product (GDP) per capita in the ASEAN countries 2018
- ASEAN countries: Inflation rate from 2008 to 2018 (compared to the previous year)Inflation rate in the ASEAN countries 2018
- ASEAN countries: Trade balance of goods from 2007 to 2017 (in billion U.S. dollars)Trade balance of goods in the ASEAN countries 2017
- ASEAN countries: National debt from 2008 to 2018 in relation to gross domestic product (GDP)National debt of ASEAN countries in relation to gross domestic product (GDP) 2018
- Digital usage
The most important statistics
- Number of internet users in Malaysia from 2017 to 2023 (in millions)Malaysia: number of internet users 2017-2023
- Number of mobile phone internet users in Malaysia from 2017 to 2023 (in millions)Malaysia: mobile phone internet users 2017-2023
- Number of mobile cellular subscriptions in Malaysia from 2000 to 2018 (in millions)Number of cellular subscriptions Malaysia 2000-2018
- Number of mobile cellular subscriptions per 100 inhabitants in Malaysia from 2000 to 2018Mobile-cellular subscriptions per 100 inhabitants in Malaysia 2000-2018
- Number of smartphone users in Malaysia from 2017 to 2023 (in millions)*Smartphone users in Malaysia 2017-2023
- Number of social network users in Malaysia from 2017 to 2023 (in millions)Malaysia: number of social network users 2017-2023
- Online audience size in Malaysia as of December 2015, by platform (in millions)Digital population in Malaysia 2015, by platform
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Studies
Statistics on "Malaysia"
- Malaysia: Total population from 2014 to 2024 (in million inhabitants)
- Malaysia: Population growth from 2007 to 2017 (compared to previous year)
- Malaysia: Fertility rate from 2007 to 2017
- Malaysia: Birth rate from 2007 to 2017 (per 1,000 inhabitants)
- Malaysia: Life expectancy at birth from 2007 to 2017
- Malaysia: Age structure from 2007 to 2017
- Malaysia: Average age of the population from 1950 to 2050 (median age in years)
- Malaysia: Death rate from 2007 to 2017 (in deaths per 1,000 inhabitants)
- Malaysia: Infant mortality rate from 2007 to 2017 (in deaths per 1,000 live births)
- Malaysia: Urbanization from 2007 to 2017
- Malaysia: Gross domestic product (GDP) in current prices from 2014 to 2024 (in billion U.S. dollars)
- Malaysia: Gross domestic product (GDP) per capita in current prices from 2012 to 2022 (in U.S. dollars)
- Malaysia : Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)
- Malaysia: Share in global gross domestic product (GDP) adjusted for Purchasing Power Parity (PPP) from 2014 to 2024
- Malaysia: Share of economic sectors in the gross domestic product (GDP) from 2007 to 2017
- Malaysia: Distribution of employment by economic sector from 2008 to 2018
- Malaysia : Unemployment rate from 1998 to 2018
- Malaysia: Youth unemployment rate from 1998 to 2018
- Malaysia: Inflation rate from 1984 to 2024 (compared to the previous year)
- Malaysia: Export of goods from 2007 to 2017 (in billion U.S. dollars)
- Malaysia: Main export partners in 2017
- Malaysia: Import of goods from 2007 to 2017 (in billion U.S. dollars)
- Malaysia: Main import partners in 2017
- Malaysia: Trade balance from 2007 to 2017 (in billion U.S. dollars)
- Which attributes do you associate with products made in Malaysia?
- Products made in Malaysia: Perception in the year 2017, by country
- Malaysia: Perception of products made in selected countries in 2017
- Malaysia: National debt from 2014 to 2024 (in billion U.S. dollars)
- Malaysia: National debt from 2014 to 2024 in relation to gross domestic product (GDP)
- Malaysia: Ratio of military spending to gross domestic product (GDP) from 2007 to 2017
- Malaysia: Ratio of government expenditure to gross domestic product (GDP) from 2014 to 2024
- Malaysia: Budget balance between 2014 to 2024 in relation to GDP
- Total population of the ASEAN countries from 2008 to 2018 (in million inhabitants)
- ASEAN countries: Life expectancy at birth from 2007 to 2017
- ASEAN countries: Death rate from 2007 to 2017 (in deaths per 1,000 inhabitants)
- Gross domestic product (GDP) of the ASEAN countries from 2008 to 2018 (in billion U.S. dollars)
- ASEAN countries: Gross domestic product (GDP) per capita in current prices from 2008 to 2018 (in U.S. dollars)
- ASEAN countries: Inflation rate from 2008 to 2018 (compared to the previous year)
- ASEAN countries: Trade balance of goods from 2007 to 2017 (in billion U.S. dollars)
- ASEAN countries: National debt from 2008 to 2018 in relation to gross domestic product (GDP)
- ASEAN countries: Budget balance between 2008 to 2018 in relation to GDP
- Number of internet users in Malaysia from 2017 to 2023 (in millions)
- Number of mobile phone internet users in Malaysia from 2017 to 2023 (in millions)
- Number of mobile cellular subscriptions in Malaysia from 2000 to 2018 (in millions)
- Number of mobile cellular subscriptions per 100 inhabitants in Malaysia from 2000 to 2018
- Number of smartphone users in Malaysia from 2017 to 2023 (in millions)*
- Number of social network users in Malaysia from 2017 to 2023 (in millions)
- Online audience size in Malaysia as of December 2015, by platform (in millions)
- Tanzania: Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)
- Kyrgyz Republic: Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)
- Belize: Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)
- Georgia: Growth rate of the real gross domestic product (GDP) from 2012 to 2022* (compared to the previous year)
- Vanuatu: Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)
- The Bahamas: Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)
- Mauritius: Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)
- Antigua and Barbuda: Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)
- North Macedonia: Growth rate of the real gross domestic product (GDP) from 2014 to 2024 (compared to the previous year)
- Information and communication technology (ICT) sector output in Canada from 2016 to 2018, by province (in billion Canadian dollars)
- Twitter usage in Malaysia as of January 2016
- Potential GDP per worker growth rate in the United Kingdom (UK) from 2013 to 2060
- Real GDP growth in Cambodia from 2014 to 2020
- Total employment of Malaysia in 2015, by state (in thousands)
- Production volume of metal drum containers in South Korea from 2006 to 2017 (in units)
- Total gasoline consumption across Qatar from 2006 to 2015 (in 1,000 barrels per day)
- Sales volume of steel shapes made from hot-rolled steel in Japan from 2012 to 2017 (in million tons)
- Sales value of petroleum in Taiwan from 2007 to 2017 (in million N.T. dollars)
- Value of exports from Indonesia to Germany from 2013 to 2018 (in billion U.S. dollars)
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