Key data points
Last release
—
Observation period
Q3 2024
Next release
—
Forecast
—
Highest
18.20 % on Sep 30, 2020
Lowest
−14.70 % on Jun 30, 2020
About Malaysia GDP Growth Rate
Malaysia is a developing economy in Asia which, in recent years, has successfully transformed from an exporter of raw materials into a diversified economy. The largest sector of the economy is services, accounting for around 54 percent of GDP. Manufacturing sector has been growing in recent years and now accounts for 25 percent of GDP and more than 60 percent of total exports. Mining and quarrying constitutes 9 percent of GDP and agriculture 9 percent.