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Gross domestic product (GDP) growth rate in Malaysia 2025

Gross domestic product (GDP) of Malaysia grew 4.3 percent in 2019 and was forecast to remain slightly above 5 percent for the medium term.

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 2015 to 2025

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Source

Release date

October 2020

Region

Malaysia

Survey time period

2015 to 2019

Supplementary notes

* Estimate.

Values have been rounded.

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Statistics on "Malaysia"

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