Malaysia Gross Domestic Product

Malaysia gdp for 2016 was 301 26b a 0 03 decline from 2015.

Malaysia gross domestic product. World bank 10y 25y. The world bank said today its 2020 economic growth forecast for malaysia as measured by real gross domestic product gdp had been lowered to a contraction of 4 9 from the previously estimated 3 1 decline following the country s sharper than expected gdp contraction in the second quarter of 2020 2q20 due to the impact of the covid 19. Malaysia managed a 0 7 per cent expansion for its gross domestic product gdp a positive surprise to most economists and analysts. State or federal territory 2019 gdp per capita 2018 gdp per capita 2017 gdp per capita 2016 gdp per capita 2015 gdp per capita 2014 gdp per capita.

Gross domestic product gdp denotes the aggregate value of all services and goods produced within a country in any given year. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. Gdp is an important indicator of a country s economic power. World economics makes available of world s most comprehensive gdp database covering over 130 countries with historical gdp ppp data from 1870 2019 building on the lifetimes work of angus maddison.

Malaysia gdp for 2019 was 364 70b a 1 71 increase from 2018. Gross domestic product per capita by state. The gross domestic product gdp in malaysia was worth 364 70 billion us dollars in 2019 according to official data from the world bank. Malaysia gdp for 2018 was 358 58b a 12 42 increase from 2017.

Friday 15 november 2019 1200 the gross domestic product gdp of malaysia grew 4 4 per cent in the third quarter of 2019 after recording a growth of 4 9 per cent during the second quarter of 2019. Services manufacturing and agriculture sectors were the main drivers of the economy growth for the third quarter 2019. The gdp value of malaysia represents 0 30 percent of the world economy. Jalan dato onn 50480 kuala lumpur malaysia.

The following table is a list of the gdp per capita of malaysian states released by the department of statistics malaysia. Malaysia gdp gross domestic product was int 896 62billion for 2019 in ppp terms.