Malaysia: Real GDP Growth

Malaysia's YoY GDP Growth from March 2014 to December 2019
Malaysia's YoY GDP Growth from March 2014 to December 2019
Malaysia's YoY GDP Growth from March 2014 to December 2019

Malaysia’s economy registered the lowest growth rate of the year 2019 in the fourth quarter: 3.59% y/y, decelerating from 4.37% y/y in the previous quarter. That was also the slowest growth rate during the last decade.

The private consumption remained robust, growing by 8.13% y/y. Government expenditure, however, recorded a more modest 1.28% y/y increase. Investment remained in a negative territory declining by 0.73% y/y in Q4 2019. Both exports and imports had also negative contributions, dropping by 3.13% y/y and 2.31% y/y, respectively. 

Malaysia's YoY GDP Growth from March 2014 to December 2019
Malaysia's YoY GDP Growth from March 2014 to December 2019

The annual growth rate of Malaysia’s economy in the full year 2019 was 4.33%, which is less than the 4.74% growth rate, recorded in 2018. During the last decade, after the global financial crisis in 2009, Malaysia’s real GDP growth averaged around 5.3%.

Detailed data and analysis on Malaysia’s Real GDP growth can be found in the CEIC Malaysia Economy in a Snapshot – Q4 2019.

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17th February 2020 Malaysia: Real GDP Growth