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Malaysia GDP

Malaysia's GDP rose to $421.97 billion in 2024, up from $399.71 billion in 2023, according to World Bank. This represents an increase of 5.6% ($22.27 billion) from the previous year and accounts for 0.38% of the world's total GDP. Malaysia has GDP higher than the global median ($421.97 billion vs median $35.85 billion). Compared with the median in Asia, Malaysia is higher ($421.97 billion vs regional median $98.96 billion) and ranks 15th out of 47 countries in Asia.

Malaysia's GDP per capita rose to $11,868.36 in 2024, up from $11,429.59 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 421.97
2023 399.71
2022 407.61
2021 373.78
2020 337.46
2019 365.18
2018 358.79
2017 319.11
2016 301.26
2015 301.36
2014 338.07
2013 323.28
2012 314.44
2011 297.95
2010 255.02
2009 202.26
2008 230.81
2007 193.55
2006 162.69
2005 143.53
2004 124.75
2003 110.2
2002 100.85
2001 92.78
2000 93.79
1999 79.15
1998 72.17
1997 100.01
1996 100.86
1995 88.71
1994 74.48
1993 66.89
1992 59.17
1991 49.14
1990 44.02
1989 38.85
1988 35.27
1987 32.18
1986 27.73
1985 31.2
1984 33.94
1983 30.35
1982 26.8
1981 25
1980 24.49
1979 21.21
1978 16.36
1977 13.14
1976 11.05
1975 9.3
1974 9.5
1973 7.66
1972 5.04
1971 4.24
1970 3.86
1969 3.66
1968 3.33
1967 3.19
1966 3.14
1965 2.96
1964 2.67
1963 2.51
1962 2
1961 1.9
1960 1.92
Malaysia GDP : Definition
GDP measures the total value of all goods and services produced in Malaysia, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 5.11% 3.56% 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