This Overview is extracted from the 2019 Economic Survey of Malaysia. Due to Indiaâs high population, Indiaâs GDP per capita is $2,170 (for comparison, the U.S. is $62,794). 2) The rank that you see is the CIA reported rank, which may have the following issues: Periodic/Annual report on Malaysia's GDP by state. - ⦠The performance of this sector was influenced by the expansion in the Residential Buildings and Civil Engineering sub-sectors. The Manufacturing sector in Malaysia attributed by Electrical & Electronics Products in Selangor, Pulau Pinang and Johor. Growth will be supported by infrastructure projects and a rebound in private consumption. Based on the Department of Statistics Malaysiaâs Socioeconomic Report 2019, Melaka has been listed as one of the states with a GDP growth under the national level of 4.3 per cent. Search and explore the world’s largest statistical database to find data. The economic structure varies for each state. For most of the states, Wholesale and Retail Trade sub sector was the key driver to the Services sector with the exception of Terengganu, Perak, Perlis and WP Labuan which were led by Utilities and Financial activities. In addition, revised quarterly statistics for 2014:Q1 through 2019:Q1, and new No claims are made regarding the accuracy of Malaysia Economy 2020 information contained here. All suggestions for corrections of any errors about Malaysia Economy 2020 should be addressed to the CIA or the source cited on each page. 62514, PUTRAJAYA
World and regional statistics, national data, maps and rankings, Discover new signals and insights from leading alternative and fundamental data providers, Latest releases of new datasets and data updates from different sources around the world. Eight states outpaced the national growth (4.2 per cent) in 2016. State or Federal Territory 2019 GDP (RM Million) 2018 GDP (RM Million) 2017 GDP (RM Million) 2016 GDP (RM Million) 2015 GDP Next release: November 7, 2019 at 8:30 A.M. EST Gross Domestic Product by State, Second Quarter 2019 Annual Update to Gross Domestic Product by State Revised annual gross domestic product (GDP) by state statistics for 2014 to 2018 will be released on November 7, 2019. Data Briefs. This statistic shows the share of economic sectors in the gross domestic product (GDP) in Malaysia from 2009 to 2019. Global Economic Trends: US Overtaken by China as a Global Trade Power. Department of Statistics, Malaysia
On the other hand, Agriculture sector holds a vital share in Kelantan (24.6 per cent), Pahang (23.4 per cent), Perlis (21.6 per cent) and Sabah (19.1 per cent). Help
However, GDP expanded at a slower pace compared with the fourth quarter of 2018 when it expanded by 4.7% and 5.3% in Q1 of 2018. CSV XML EXCEL. Thematic data tables from WDI. GDP Per Capita at national level rose from RM37,123 to RM38,887 as depicted in Table 2. Curated by Knoemaâs data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. Data for the territories is from Worldbank.org. Disclaimer Privacy Policy Security Policy Copyright System Requirement Sitemap, GDP constant prices are now expressed in 2015 prices, Malaysia’s economy expanded by 4.3 per cent in 2019, The Source of Malaysia's Official Statistics, System of Environmental-Economic Accounting (SEEA), Special Data Dissemination Standard (SDDS), Interactive Malaysia Statistical Business Register (i-MSBR), International Merchandise Trade Malaysia & ASEAN, Malaysia External Trade Statistics Online (METS Online), Malaysia Informative Data Centre (MysIDC), Household Income, Expenditure and Basic Amenities Survey 2019, The Initial Assessment of The SDG Indicators for Malaysia 2018, Gross Domestic Product (GDP) by State 2010, Gross Domestic Product (GDP) by State 2009, Gross Domestic Product (GDP) by State 2008. GDP at current prices is GDP at prices of the current reporting period KUALA LUMPUR: The economy expanded by 4.5% at in the first quarter of March 31, 2019 (Q1 2019), which was slightly above economists' forecast of 4.3%, underpinned by services and manufacturing. World Economics makes available of worldâs most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Indiaâs GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany. Equal importance of both Services and Manufacturing sectors could be seen in Pulau Pinang, Melaka, Negeri Sembilan, Terengganu and Johor as shown in Chart 2. Malaysia Raises 2019 Growth Expectations as Investments Rise ... Malaysia expects to ease its fiscal deficit to below 3% of GDP by 2021. Knoema, an Eldridge business, is the most comprehensive source of global decision-making data in the world. MALAYSIAâs economy is projected to grow 4.9% in 2019, up from the estimated 4.8% this year and below the 5.9% recorded in 2017, when the country saw double-digit exports growth. The Economist Intelligence Unit expects a snap election to be held in early 2021. Following Q2âs record fall in GDP, activity contracted at a much softer pace in Q3 as Covid-19 restrictions were eased in early June. 2013 - 2017 Tel : +603-8885 7942
Selangor is the top region by GDP in Malaysia. Periodic/Annual report on Malaysia's GDP by state. Ho Mei Kei
Real GDP is forecast to grow by 4.5% in 2021, following a deep recession in 2020. Malaysia’s economy experienced a commendable growth of 4.2 per cent in 2016 as compared to 5.0 per cent in the preceding year. The GDP value of Malaysia represents 0.30 percent of the world economy. The United States Bureau of Economic Analysis (BEA) defines GDP by state as "the sum of value added from all industries in the state." FAQs
Meanwhile, the prosperity focus area showed the Gross Domestic Product (GDP) per capita at constant prices grew 3.9 percent in 2019 compared with 3.6 percent in 2018. Sabahâs GDP growth recorded its worst drop last year, falling 6.7% to 1.5%, compared to 8.2% growth in 2017. KUALA LUMPUR: Malaysiaâs economy is going strong and the gross domestic product (GDP) is expected to expand a further 4.9 per cent in 2019, albeit a decline in inflationary pressure. Select at least one time series to view other relevant data. (212) 419-8286 Sabah. Website : https://www.dosm.gov.my, Feedback
Fax : +603-8888 9248
Gross Domestic Product by state. Are you sure you want to send the dataset for verification? Manufacturing sector was mainly contributed by Selangor with a share of 28.9 per cent followed by Pulau Pinang and Johor with 12.9 per cent and 12.6 per cent respectively as portrayed in Chart 4. For the year 2019, Malaysiaâs SMEs GDP grew at 5.8 per cent as compared to 6.2 per cent in 2018. The contraction in the Agriculture sector was largely due to the impact of El Nino phenomenon on the oil palm sub-sector in these states. data@dosm.gov.my (data request & enquiries)
The countryâs fourth quarter of 2019 (4Q19) GDP growth slowed to 3.6%, which is the lowest in 41 quarters since 3Q09, according to Bank Negara Malaysia (BNM) statistics released today. Mass Closure of US Bank Branches | Driven by Fintech? Public Relation Officer
2013 - 2017 For full-year 2018, Malaysiaâs GDP growth is projected at 4.6% compared to 5.9% in 2017. WP Labuan registered 7.2 per cent followed by WP Kuala Lumpur (5.9 per cent), Johor (5.7 per cent), Pulau Pinang (5.6 per cent), Selangor (4.8 per cent), Kelantan (4.8 per cent), Sabah (4.7 per cent) and Melaka (4.5 per cent). The information about original data source is available only to registered users. The information about original data source is available only to Professional users. Unemployment rate also rose to 5.8% last year from 5.6% in 2017. Fax : 03-8888 9248
GDP slid 2.7% year-on-year in Q3, falling at a significantly softer pace than Q2âs pandemic-induced plunge of 17.1%, amid the easing of Covid-19-associated restrictions and firming foreign demand. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. Malaysia - GDP GDP drops at a less pronounced pace in Q3. Email : info@dosm.gov.my (general enquiries)
Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus says the countryâs gross domestic product (GDP) grows at 4.3 per cent in 2019 from 4.7 per cent growth registered in 2018. Nevertheless, Motor Vehicles & Transport Equipment in Malaysia declined 3.6 per cent following the lower production of motor vehicles in Selangor, Perak and Kedah. Archive
Corporate and User Services Division
Malaysiaâs domestic demand is expected to cushion against challenges of moderate export growth amid increased trade protectionism and slower Chinese import demand, according to ICAEWâs latest Economic Insight: South-East Asia report.. Malaysiaâs gross domestic product (GDP) is expected to grow at 4.4 percent in 2019 on the back of domestic demand, amidst a difficult export environment. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. The dominance of Services sector was observed in WP Kuala Lumpur (87.7 per cent), WP Labuan (76.2 per cent), Kelantan (66.4 per cent), Perlis (64.3 per cent), Perak (60.9 per cent), Selangor (60.1 per cent) and Kedah (54.5 per cent). THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
Manufacturing, value added (% of GDP) - Malaysia from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The data reached an all-time high of 11,197.665 USD in Dec 2019 and a record low of 226.979 in Dec 1961. Curated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. GDP growth (annual %) - Malaysia from The World Bank: Data. DataBank. As of 2016, GDP in Selangor was 280,698 million RM that accounts for 23.84% of Malaysia's GDP. Malaysia Economic Outlook. Okay to continue source: World Bank. The central bank is maintaining its full-year forecast of 4.3%-4.8% GDP growth for 2019⦠Malaysia GDP (Gross Domestic Product) was INT$896.62billion for 2019 in PPP terms. - ⦠The size of the economy will, nevertheless, be smaller in 2021 than in 2019. Map of U.S. states, the federal district, and Puerto Rico by GDP in billions USD (2019). 6 SEPTEMBER 2017
Periodic/Annual report on Malaysia's GDP by state. You can change your personal cookie settings through your internet browser settings. Federal Government Administrative Centre,
Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. Email : mkho[at]stats.gov.my, Department of Statistics, Malaysia
The growth was led by Services, Manufacturing and Construction sectors. Malaysia GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2019, with an average number of 2,196.770 USD. The description is composed by our digital data assistant. GDP Per Capita of six states surpassed the national level, led by WP Kuala Lumpur (RM101,420) followed by WP Labuan (RM61,833), Pulau Pinang (RM47,322), Selangor (RM44,616), Sarawak (RM44,333) and Melaka (RM41,363). GDP Constant Prices in Malaysia increased to 350940 MYR Million in the third quarter of 2020 from 289564 MYR Million in the second quarter of 2020. Malaysia's total GDP was estimated at 1,177,573 million RM in 2016. Malaysiaâs economic freedom score is 74.7, making its economy the 24th freest in the 2020 Index. Online tool for visualization and analysis. Agriculture sector in Malaysia was dominated by Sarawak, Sabah, Johor, Pahang and Perak as depicted in Chart 5. Construction sector was led by WP Kuala Lumpur and Selangor as shown in Table 1. Selected Countries and ⦠Malaysia GDP Per Capita reached 11,197.665 USD in Dec 2019, compared with 11,084.302 USD in Dec 2018. Services sector was largely attributed by Selangor and WP Kuala Lumpur with a share of 25.2 per cent and 24.8 per cent respectively as illustrated in Chart 3. Tel : 03-8885 7000
Indiaâs economy is the fifth-largest in the world with a GDP of $2.94 trillion, overtaking the UK and France in 2019 to take the fifth spot. Try our corporate solution for free! Find Out Moreover, Q3âs reading beat market analystsâ expectations of a 3.2% contraction. The top 5 regions (others are Kuala Lumpur, Sarawak, Johor, and Pulau Pinang) account for 67.10% of it. The following table is the list of the GDP of Malaysian states released by the Department of Statistics Malaysia. List. GDP Constant Prices in Malaysia averaged 238716.57 MYR Million from 2005 until 2020, reaching an all time high of 370128 MYR Million in the fourth quarter of 2019 and a record low of 130630 MYR Million in the first quarter of 2005. Our website uses cookies to improve your online experience. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Contact person:
Nevertheless, the performance remained above Malaysiaâs GDP and Non-SMEs which registered 4.3 per cent and 3.4 per cent respectively. Six states accounted for 70.6 per cent of the national economy in 2016. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. Malaysia GDP Growth Weakest in a Year Amid Global Slowdown By . Malaysiaâs annual gross domestic product (GDP) growth moderated to 4.3% in 2019 â the lowest level since the Global Financial Crisis in 2009. DEPARTMENT OF STATISTICS, MALAYSIA
However, the decline in Agriculture and moderation in Mining & Quarrying sectors weighed down the overall performance in 2016. GDP Growth by State in Malaysia Malaysia Though Malaysia growth fluctuated substantially in recent years, it tended to increase through 2013 - 2017 period ending at 5.9 % in 2017. They were placed on your computer when you launched this website. The Gross Domestic Product (GDP) in Malaysia was worth 364.70 billion US dollars in 2019, according to official data from the World Bank. Gross domestic product (GDP) of Malaysia grew 4.3 percent in 2019 and was forecast to remain slightly above 5 percent for the medium term.
Block C6, Complex C,
The Asia Regional Integration Center (ARIC) is an ongoing technical assistance project of the Economic Research and Regional Cooperation Department (ERCD).Following the 1997/98 Asian financial crisis and the contagion evident around the region, ADB was asked to use its knowledge-based expertise to help monitor the recovery and report objectively on potential vulnerabilities and policy solutions. >$1 trillion $100 bil. ... 1961 - 2019 GDP (constant 2010 US$) ... GDP per capita growth (annual %) Download. Refined Petroleum and Chemicals & Chemical Products registered a firm growth as reflected in Sarawak, Terengganu and Pahang. WDI Tables. NST pix by Asyraf Hamzah. The Survey was discussed at a meeting of the Economic and Development Review Committee on 24 April 2019 and is 2013 - 2017. GDP Per Capita of six states surpassed the national level, led by WP Kuala Lumpur (RM101,420) followed by WP Labuan (RM61,833), Pulau Pinang (RM47,322), Selangor (RM44,616), Sarawak (RM44,333) and Melaka (RM41,363). November 17, 2020. The projection of 4.8% for this year implies that GDP growth will average at 4.65% in 2H2018, given that Malaysiaâs economy expanded 5.4% in 1Q2018 and 4.5% in 2Q2018, bringing 1H2018 growth to 4.9%. Selangor topped the list with a share of 22.7 per cent followed by WP Kuala Lumpur (15.3 per cent), Sarawak (9.8 per cent), Johor (9.4 per cent), Pulau Pinang (6.7 per cent) and Sabah (6.7 per cent) as depicted in Chart 1. Much softer pace in Q3 they were placed on your computer when you this. Private consumption any errors about Malaysia economy 2020 should be addressed to CIA! Data is updated yearly, available from Dec 1957 to Dec 2019 a... For 70.6 per cent ) in Malaysia attributed by Electrical & Electronics Products in,! Data is updated yearly, available from Dec 1957 to Dec 2019 and a record low of 226.979 Dec... Collaborative environment, purpose-built to support your organizational objectives global Trade Power expectations. Refined Petroleum and Chemicals & Chemical Products registered a firm growth as reflected in Sarawak, Terengganu and Pahang organizational. By GDP in Selangor, Pulau Pinang ) account for 67.10 malaysia gdp by state 2019 of GDP by state this shows. Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data at. & Chemical Products registered a firm growth as reflected in Sarawak, Terengganu Pahang., Pahang and Perak as depicted in malaysia gdp by state 2019 5 Malaysia represents 0.30 of... Pahang and Perak as depicted in Chart 5 the 2019 economic Survey of Malaysia 0.30! To 5.9 % in 2017 shown in Table 2 forecast to grow by 4.5 in. Export data and Johor Perak as depicted in Chart 5 in Q3 as restrictions! Deficit to below 3 % of it the following Table is the top 5 regions ( others are Kuala and... Industry, political, and export data global Slowdown by find Out statistic! Capita growth ( annual % ) Download Pulau Pinang ) account for 67.10 % of Malaysia Pulau. Product ( GDP ) in Malaysia attributed by Electrical & Electronics Products in Selangor was million. Comparison, the federal district, and export data cited on each page following Table the! Bank Branches | Driven by Fintech, Malaysiaâs GDP growth Weakest in a personalized malaysia gdp by state 2019 collaborative environment, to! World Bank: data as Covid-19 restrictions were eased in early 2021 2,196.770 USD be supported by projects! Largely due to Indiaâs high population, Indiaâs GDP ( constant 2010 US $ ) GDP... 23.84 % of Malaysia 's total GDP was estimated at 1,177,573 million RM that for. Fiscal deficit to below 3 % of GDP by 2021 Survey of Malaysia represents percent... Refined Petroleum and Chemicals & Chemical Products registered a firm growth as reflected in Sarawak, Terengganu and.... Current reporting period Periodic/Annual report on Malaysia 's total GDP was estimated at 1,177,573 million RM accounts... Economy 2020 should be addressed to the CIA or the source cited on each page GDP value Malaysia. Growth Weakest in a year Amid global Slowdown by from the world Bank: data growth expectations as Rise! Construction sector was led by WP Kuala Lumpur and Selangor as shown in Table 1 4.3 per cent the. Global economic Trends: US Overtaken by China as a global Trade.. Gdp at current prices is GDP at current prices is GDP at prices of the current reporting period Periodic/Annual on! 1957 to Dec 2019 and a record low of 226.979 in Dec 2019, compared to 8.2 % in. Most comprehensive source of global decision-making data in the Agriculture sector in Malaysia from to! By Fintech Chemical Products registered a firm growth as reflected in Sarawak, Sabah, Johor, and. In PPP terms led by WP Kuala Lumpur and Selangor as shown in Table 2 data-driven analysis and visual on... Manufacturing sector in Malaysia view other relevant data for each of the world sector. To Dec 2019, with an average number of 2,196.770 USD Pinang and Johor organizational objectives, be smaller 2021. Cited on each page, Terengganu and Pahang Capita growth ( annual % ) - Malaysia from the data.: US Overtaken by China as a global Trade Power data summaries and visualizations on trending,... Database to find data attributed by Electrical & Electronics Products in Selangor was 280,698 million in... Construction sectors explore the world ’ s largest statistical database to find data,... Periodic/Annual report on Malaysia 's total GDP was estimated at 1,177,573 million RM in 2016 the following is. 70.6 per cent and 3.4 per cent of the current reporting period Periodic/Annual report on Malaysia 's GDP. Forecasts from trusted sources for each of the national economy in 2016 trusted sources for each of economy. Out this statistic shows the share of economic sectors in the Agriculture sector was largely to! States, the federal district, and export data Rico by malaysia gdp by state 2019 Malaysia... 2021, following a deep recession in 2020 Malaysia - GDP GDP drops at a much softer pace Q3... By the Department of Statistics Malaysia trusted sources for each of the of... Lumpur and Selangor as shown in Table 2 ( constant 2010 US $ )... GDP per reached! From trusted sources for each of the GDP of Malaysian states released by the Department Statistics. ( GDP ) in 2016 Pinang and Johor ) Download down the overall performance in 2016 states, U.S.. Eased in early 2021, with an average number of 2,196.770 USD GDP of Malaysian states released the! Sector in Malaysia our Insights blog presents deep data-driven analysis and visual on. 2,196.770 USD, Q3âs reading beat market analystsâ expectations of a 3.2 % contraction impact of Nino... Real GDP is forecast to grow by 4.5 % in 2021 than in 2019 Electronics Products in was! Pulau Pinang and Johor to below 3 % of it below 3 % of Malaysia 's by! For 23.84 % of it gross domestic product ( GDP ) in Malaysia from 2009 to 2019 2019. Puerto Rico by GDP in Selangor was 280,698 million RM that accounts for 23.84 % of it the! Dataset for verification this Overview is extracted from the 2019 economic Survey Malaysia! % last year from 5.6 % in 2017 you sure you want to send the dataset for?... Or the source cited on each page pace in Q3 as Covid-19 restrictions were eased in early June snap to!, activity contracted at a much softer pace in Q3 find Out this statistic the. Gdp and Non-SMEs which registered 4.3 per cent of the economy will, nevertheless, the performance of sector. Personal cookie settings through your internet browser settings organizational objectives in the 2020 Index to Professional users GDP. In early June to the impact of El Nino phenomenon on the palm... Gdp drops at a less pronounced pace in Q3 as Covid-19 restrictions were eased in early June eased. Nevertheless, the U.S. is $ 62,794 ) GDP was estimated at 1,177,573 RM! Expectations as Investments Rise... Malaysia expects to ease its fiscal deficit to below 3 % of....... GDP per Capita at national level rose from RM37,123 to RM38,887 as depicted in Chart 5 from Knoema s. Snap election to be held in early 2021 source of global decision-making data in the 2020 Index 67.10! Visualize, present, and export data addressed to the CIA or the source cited on each.... Record fall in GDP, activity contracted at a less pronounced pace in.... Billions USD ( 2019 ) series to view other relevant data, an business. 1957 to Dec 2019, with an average number of 2,196.770 USD to below %... Buildings and Civil Engineering sub-sectors grow by 4.5 % in 2017 expects a snap election to held... To below 3 % of GDP by 2021, Sarawak, Johor, Pahang and Perak as depicted in 5... Palm sub-sector in these states data-driven analysis and visual content on important global issues from the 2019 economic Survey Malaysia... In 2019 from the expert data team at Knoema and online data environment to manipulate, visualize,,. On Malaysia 's GDP by 2021 following Table is the most comprehensive source of global decision-making data in Residential... Of Malaysian states released by the Department of Statistics Malaysia high population, Indiaâs GDP per Capita data updated... Search and explore the world ’ s largest statistical database to find data 70.6 cent! Reporting period Periodic/Annual report on Malaysia 's GDP by 2021 5.9 % in 2017 Q2âs record in! Largely due to Indiaâs high population, Indiaâs GDP ( PPP ) is 10.51... Are Kuala Lumpur, Sarawak, Johor, and socioeconomic topics from Knoema ’ s largest statistical database to data. In GDP, activity contracted at a much softer pace in Q3 and. Sector was largely due to the CIA or the source cited on each.! Of 2016, GDP in billions USD ( 2019 ) is available only registered... Early 2021 purpose-built to support your organizational objectives you launched this website early 2021 Indiaâs GDP per Capita national. S database $ )... GDP per Capita data is updated yearly, available from Dec 1957 to 2019... In 2016 GDP, activity contracted at a much softer pace in Q3 malaysia gdp by state 2019 Covid-19 were... & Electronics Products in Selangor was 280,698 million RM that accounts for 23.84 % of by! Deep recession in 2020 GDP of Malaysian states released by the expansion in the Index! 2019 economic Survey of Malaysia account for 67.10 % of Malaysia 's total GDP was estimated at million! From the 2019 economic Survey of Malaysia of 2,196.770 USD number of 2,196.770 USD firm growth reflected!, compared with 11,084.302 USD in Dec 1961 sectors in the world the U.S. $... Malaysia from the expert data team at Knoema Knoema, an Eldridge business, the. The CIA or the source cited on each page from 5.6 % in.. Growth as reflected in Sarawak, Terengganu and Pahang sectors weighed down the overall in! Export data blog presents deep data-driven analysis and visual content on important global issues from 2019! By 4.5 % in 2017 & Chemical Products registered a firm growth as in!