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Online tool for visualization and analysis. DataBank. KUALA LUMPUR: Malaysia’s economic growth in the fourth quarter of 2018 (4Q18) has surpassed expectations, as the country’s gross domestic product (GDP) grew 4.7% year-on-year (y-o-y). Thematic data tables from WDI. The Economic Survey is published under the responsibility of the Secretary-General of the OECD. “In 2019, the sector is expected to improve marginally following an increase in new planned supply in the affordable homes and industrial segments,” said the report. Last updated: April 2020. Disruption to global Gross Domestic Product by state. authorities. In 2014 the service sector contributed 56.2% while the industry and agriculture sectors contributed 36.8% and 7.1% respectively. The cut-off date for data and information used in the Economic Survey is 25 June 2019. Malaysia has the highest debt levels in the region (56.3% of GDP in 2019, IMF), with spending increasing faster than GDP. Nevertheless, the share of agriculture in the GDP declined from 29 percent in 1970 to 12 percent in 1998. Malaysia - GDP GDP drops at a less pronounced pace in Q3. PUTRAJAYA, July 1, 2019 – Malaysia’s economy is expected to grow at 4.6 percent in 2019, according to the 20 th edition of the World Bank’s Malaysia Economic Monitor, launched today. Notwithstanding the steady economic performance, the balance of risks to outlook remains on the downside as Malaysia has a high degree of openness. WDI Tables. Support from the governments of Japan and Malaysia is gratefully acknowledged. The GDP expansion of 4.7% (y-o-y) in the first half of 2019 is expected to continue for the rest of the year while improving marginally to 4.8% in 2020. The government estimated the growth of the construction sector will moderate to 4.5% in 2018 from 6.7% in 2017. Moreover, Q3’s reading beat market analysts’ expectations of a 3.2% contraction. The forecast growth of the sector in 2019 … GDP slid 2.7% year-on-year in Q3, falling at a significantly softer pace than Q2’s pandemic-induced plunge of 17.1%, amid the easing of Covid-19-associated restrictions and firming foreign demand. KUALA LUMPUR, Feb 12 — Malaysia’s economy expanded by 3.6 per cent in the fourth quarter of 2019, dragging the full-year Gross Domestic Product (GDP) growth to 4.3 per cent, the lowest since the 2009 financial crisis amid supply disruptions in the commodity sector during the quarter. Selected Countries and Economies. The following table is the list of the GDP of Malaysian states released by the Department of Statistics Malaysia. The previous Economic Assessment of Malaysia was issued in November 2016. Reforms to public service will help enable future growth and shared prosperity. In 2015 Malaysia's PPP GDP per capita was estimated at $26,300.20 while the nominal GDP per capita stood at $9,776.206. CSV XML EXCEL. ... 1961 - 2019 GDP (constant 2010 US$) ... GDP per capita growth (annual %) Download. Malaysia remains the world's fourth-largest producer of cocoa. growth. The role of the mining sector, which once played a very important role in Malaysian exports, is also declining. Since gaining independence in 1957, Malaysia has successfully diversified its economy from one that was initially agriculture and commodity-based, to one that now plays host to robust manufacturing and service sectors, which have propelled the country to become a leading exporter of electrical appliances, electronic parts and components. 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