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Malaysia Real GDP

Malaysia's real GDP rose to $422.01 billion in 2024, up from $401.48 billion in 2023, according to World Bank. This represents an increase of 5.1% ($20.53 billion) from the previous year and accounts for 0.44% of the world's total real GDP. Malaysia has real GDP higher than the global median ($422.01 billion vs median $29.34 billion). Compared with the median in Asia, Malaysia is higher ($422.01 billion vs regional median $91.45 billion) and ranks 11th 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 Real GDP (Billion USD)
2024 422.01
2023 401.48
2022 387.69
2021 356.13
2020 344.71
2019 364.6
2018 349.19
2017 333.06
2016 314.76
2015 301.36
2014 286.76
2013 270.51
2012 258.38
2011 244.97
2010 232.65
2009 216.57
2008 219.9
2007 209.77
2006 197.34
2005 186.9
2004 177.44
2003 166.17
2002 157.07
2001 149.04
2000 148.27
1999 136.21
1998 128.33
1997 138.52
1996 129.07
1995 117.34
1994 106.83
1993 97.82
1992 89.01
1991 81.75
1990 74.63
1989 68.46
1988 62.77
1987 57.1
1986 54.28
1985 53.62
1984 54.17
1983 50.27
1982 47.31
1981 44.66
1980 41.76
1979 38.87
1978 35.54
1977 33.33
1976 30.93
1975 27.72
1974 27.5
1973 25.39
1972 22.73
1971 20.78
1970 18.88
1969 17.82
1968 16.99
1967 15.73
1966 15.15
1965 14.05
1964 13.05
1963 12.38
1962 11.54
1961 10.84
1960 10.08
Malaysia Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Malaysia, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $421.97B $399.71B 2024
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