Malaysia Gdp Per Capita Growth Rate
The performance for this quarter was the lowest recorded since fourth quarter 1998.
Malaysia gdp per capita growth rate. Friday 18 september 2020 1200 malaysia economic performance second quarter 2020. In the long term the malaysia gdp annual growth rate is projected to trend around 6 50 percent in 2021 and 4 50 percent in 2022 according to our econometric models. Share in global gdp adjusted for ppp 2024.
Gdp per capita in malaysia with a population of 31 104 646 people was 11 721 in 2017 an increase of 501 from 11 220 in 2016. Malaysia gdp growth rate for 2018 was 4 74 a 1 decline from 2017. Labuan rm74 337 penang rm52 937 sarawak rm52 301 selangor rm51 528 and melaka rm47 960 as shown in.
Gdp per capita growth annual malaysia from the world bank. Graph map and compare more than 1 000 time series indicators from the world development indicators. Gni per capita atlas method current us details.
Gdp per capita in malaysia averaged 5388 58 usd from 1960 until 2019 reaching an all time high of 12478 20 usd in 2019 and a record low of 1354 usd in 1960. The report also says the electronic equipment petroleum and liquefied natural gas producer will see a substantial increase in income per capita. The gdp per capita in malaysia is equivalent to 99 percent of the world s average.
Gdp per capita at national level increased to rm44 682 in 2018 as compared to rm42 834 in the previous year. Data learn how the world bank group is helping countries with covid 19 coronavirus. This page provides the latest reported value for.
Looking forward we estimate gdp annual growth rate in malaysia to stand at 4 50 in 12 months time. The gross domestic product per capita in malaysia was last recorded at 12478 20 us dollars in 2019. Malaysia from the world bank.
Malaysia gdp growth rate for 2019 was 4 33 a 0 41 decline from 2018. Gdp growth rate in 2017 was 5 90 representing a change of 20 301 760 268 us over 2016 when real gdp was 344 272 143 057. Gross domestic product gdp per capita in malaysia 2024 gross domestic product gdp growth rate in malaysia 2021 malaysia.
This represents a change of 4 5 in gdp per capita. Kuala lumpur rm121 293 w p. Malaysia s gdp contracted 17 1 per cent from a marginal growth 0 7 per cent in the first quarter of 2020.
Annual gdp growth malaysia. Six states recorded gdp per capita surpassed the national level led by w p. Malaysia gdp growth rate for 2016 was 4 45 a 0 64 decline from 2015.
According to a hsbc report in 2012 malaysia will become the world s 21st largest economy by 2050 with a gdp of 1 2 trillion year 2000 dollars and a gdp per capita of 29 247 year 2000 dollars.
