Malaysia GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

4.5

Units In

4.4

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
16.1 Jun 2021	-17.2 Jun 2020	4.44 %	2000-2025	N/A

Malaysia is a developing economy in Asia which, in recent years, has successfully transformed from an exporter of raw materials into a diversified economy. The largest sector of the economy is services, accounting for around 54 percent of GDP. Manufacturing sector has been growing in recent years and now accounts for 25 percent of GDP and more than 60 percent of total exports. Mining and quarrying constitutes 9 percent of GDP and agriculture 9 percent.

Latest Updates

Malaysia’s economy is projected to grow between 4% and 4.8% in 2025, Bank Negara Malaysia said in a statement today. This was lower than an earlier forecast of 4.5% to 5.5%. The central bank cited global trade and tariff uncertainties as key risks to growth, warning that “shifting trade policies and uncertainties surrounding tariffs” are weighing on the global outlook. Headline inflation is expected to average between 1.5% and 2.3% this year. The bank noted its updated projections reflect various possible tariff scenarios, from prolonged tariff hikes to more favorable trade outcomes. While noting Malaysia’s economy remains on a “strong footing,” Governor Abdul Rasheed Ghaffour stated that growth prospects are still vulnerable to external risks. Malaysia faces a potential 25% U.S. tariff on its exports unless a deal is reached by August 1. The trade minister recently said talks with Washington were progressing well, though some sticking points on non-trade barriers remain.