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Malaysia GDP Annual Growth Rate

Malaysia's GDP annual growth rate rose to 5.11% in 2024, up from 3.56% in 2023, according to World Bank. This represents an increase of 1.55% from the previous year. Malaysia has GDP annual growth rate higher than the global median (5.11% vs median 3.24%). Compared with the median in Asia, Malaysia is higher (5.11% vs regional median 3.76%) and ranks 12th out of 47 countries in Asia.

Malaysia's real GDP rose to $422.01 billion in 2024, up from $401.48 billion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 5.11%
2023 3.56%
2022 8.86%
2021 3.32%
2020 -5.46%
2019 4.41%
2018 4.84%
2017 5.81%
2016 4.45%
2015 5.09%
2014 6.01%
2013 4.69%
2012 5.47%
2011 5.29%
2010 7.42%
2009 -1.51%
2008 4.83%
2007 6.3%
2006 5.58%
2005 5.33%
2004 6.78%
2003 5.79%
2002 5.39%
2001 0.52%
2000 8.86%
1999 6.14%
1998 -7.36%
1997 7.32%
1996 10%
1995 9.83%
1994 9.21%
1993 9.89%
1992 8.89%
1991 9.55%
1990 9.01%
1989 9.06%
1988 9.94%
1987 5.19%
1986 1.24%
1985 -1.03%
1984 7.76%
1983 6.25%
1982 5.94%
1981 6.94%
1980 7.44%
1979 9.35%
1978 6.65%
1977 7.75%
1976 11.56%
1975 0.8%
1974 8.32%
1973 11.7%
1972 9.39%
1971 10.03%
1970 5.99%
1969 4.89%
1968 7.98%
1967 3.86%
1966 7.82%
1965 7.68%
1964 5.36%
1963 7.34%
1962 6.42%
1961 7.6%
Malaysia GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Malaysia's total economic output.
Indicator Last Value Prior Value Period
GDP $421.97B $399.71B 2024
GDP Growth Rate (QoQ) 2.1% 0.7% Jun'25
GDP Growth Rate (YoY) 5.2% 4.4% Sep'25
GDP per Capita $11,868.36 $11,429.59 2024
GDP per Capita PPP $34,071.94 $32,812.3 2024
R&D Expenditure (% GDP) 0.95% 1.04% 2020
Real GDP $422.01B $401.48B 2024