Malaysia Economic Growth 2017
Gdp growth rate in malaysia averaged 0 94 percent from 2000 until 2020 reaching an all time high of 5 50 percent in the third quarter of 2002 and a record low of 16 50 percent.
Malaysia economic growth 2017. Gdp growth annual malaysia. In its end of mission to malaysia press release yesterday on its website the imf said the malaysian economy continues to perform well despite significant headwinds. It said real gdp growth is projected at 4 2 for 2016.
Kuala lumpur dec 15. Gdp annual growth rate in malaysia averaged 4 46 percent from 2000 until 2020 reaching an all time high of 10 30 percent in the first quarter of 2010 and a record low of 17 10 percent in the second quarter of 2020. This page provides malaysia gdp annual growth rate actual values historical data.
Malaysia s economic outlook proves favorable with economic growth expanding in the first quarter of 2017. Malaysia s real gross domestic product gdp is projected to increase to around 4 5 in 2017 according to the international monetary fund imf. Domestic and external drivers propel economic growth.
The performance of state s economy 2017. Malaysia s economy shrank by 16 5 percent quarter on quarter in the june quarter of 2020 the most contraction since the series began in the second quarter 2000 after a 2 percent contraction in the previous quarter. Malaysia has a newly industrialised market economy which is relatively open and state oriented.
The growth was driven by the increase in manufacturing and services as well as rebound in the agriculture sector. In a statement today bank negara malaysia said 2017 full year gdp grew 5 9 on year compared with the 4 2 expansion in 2016. Thematic data tables from wdi.
This performance was supported by a better growth recorded by most states in malaysia. The gross domestic product gdp growth rate is predicted to rise to 4 9 for 2017 which is slightly higher than the current projection range of 4 3 4 8. On a quarter on quarter seasonally adjusted basis the economy grew by 0 9 3q17.
Online tool for visualization and analysis. 1st indonesia 2nd thailand 3rd philippines 4th vietnam 5th singapore sixth malaysia and is the 39th largest economy in the world according to the international monetary fund 2020. Kuala lumpur december 14 2017 growth in malaysia accelerated through 2017 with year on year growth projected at 5 8 percent the country s highest annual growth rate since 2014 and expected to remain strong projected at 5 2 percent for 2018 reports the latest malaysia economic monitor launched today by the world bank.
Malaysia s economic performance expanded to 5 9 per cent in 2017 as compared to 4 2 per cent in 2016. Gdp ppp constant 2017 international gdp current lcu gdp ppp current international gdp per capita growth annual download.
