Malaysia GDP YoYMalaysia GDP YoYMalaysia GDP YoY

Malaysia GDP YoY

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
5.30%
Highest
16.20% on Jun 30, 2021
Lowest
−16.90% on Jun 30, 2020

About Malaysia GDP YoY


Category
GDP
Frequency
Quarterly
Units
%
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.