Malaysia GDP Annual Growth Rate

Last Release

Mar 31, 2025

Actual

4.4

Units In

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 grew 4.4% year-on-year in Q1 2025, confirming initial estimates and easing from a downwardly revised 4.9% growth in the previous quarter. This marks the slowest pace of expansion in a year, reflecting softer output growth in manufacturing (4.1% vs 4.2% in Q4), construction (14.2% vs 20.7%), and services (5.5% vs 5%). Meanwhile, agricultural activity rebounded by 0.6%, following a 0.7% decline in the prior quarter. On the expenditure side, growth moderated in private consumption (5% vs 5.3%) and fixed investments (9.7% vs 11.8%), while government spending picked up (4.3% vs 4%). Net trade contributed positively to GDP, with exports rising 4.1% (vs 8.7%) and imports growing at a slower 3.1% (vs 5.9%). On a seasonally adjusted quarterly basis, the economy expanded by 0.7%, recovering from a revised 0.2% contraction in the previous period.