You can change your personal cookie settings through your internet browser settings. Refined Petroleum and Chemicals & Chemical Products registered a firm growth as reflected in Sarawak, Terengganu and Pahang. Are you sure you want to send the dataset for verification? Malaysia - GDP GDP drops at a less pronounced pace in Q3. >$1 trillion $100 bil. 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). 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 data reached an all-time high of 11,197.665 USD in Dec 2019 and a record low of 226.979 in Dec 1961. November 17, 2020. (212) 419-8286 Online tool for visualization and analysis. 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. Okay to continue Eight states outpaced the national growth (4.2 per cent) in 2016. The growth was led by Services, Manufacturing and Construction sectors. Fax : 03-8888 9248 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. India’s GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany. 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. Data Briefs. 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). Malaysia’s annual gross domestic product (GDP) growth moderated to 4.3% in 2019 — the lowest level since the Global Financial Crisis in 2009. 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. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. India’s 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. Due to India’s high population, India’s GDP per capita is $2,170 (for comparison, the U.S. is $62,794). Tel : 03-8885 7000 NST pix by Asyraf Hamzah. Sabah. Tel : +603-8885 7942 Periodic/Annual report on Malaysia's GDP by state. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. 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. Malaysia's total GDP was estimated at 1,177,573 million RM in 2016. Malaysia GDP (Gross Domestic Product) was INT$896.62billion for 2019 in PPP terms. However, the decline in Agriculture and moderation in Mining & Quarrying sectors weighed down the overall performance in 2016. 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. Following Q2’s record fall in GDP, activity contracted at a much softer pace in Q3 as Covid-19 restrictions were eased in early June. Find Out For the year 2019, Malaysia’s SMEs GDP grew at 5.8 per cent as compared to 6.2 per cent in 2018. DEPARTMENT OF STATISTICS, MALAYSIA They were placed on your computer when you launched this website. The country’s 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. The top 5 regions (others are Kuala Lumpur, Sarawak, Johor, and Pulau Pinang) account for 67.10% of it. 6 SEPTEMBER 2017 Select at least one time series to view other relevant data. Help     Sabah’s GDP growth recorded its worst drop last year, falling 6.7% to 1.5%, compared to 8.2% growth in 2017. data@dosm.gov.my (data request & enquiries) The size of the economy will, nevertheless, be smaller in 2021 than in 2019. State or Federal Territory 2019 GDP (RM Million) 2018 GDP (RM Million) 2017 GDP (RM Million) 2016 GDP (RM Million) 2015 GDP The information about original data source is available only to Professional users. Nevertheless, the performance remained above Malaysia’s GDP and Non-SMEs which registered 4.3 per cent and 3.4 per cent respectively. The projection of 4.8% for this year implies that GDP growth will average at 4.65% in 2H2018, given that Malaysia’s economy expanded 5.4% in 1Q2018 and 4.5% in 2Q2018, bringing 1H2018 growth to 4.9%. Growth will be supported by infrastructure projects and a rebound in private consumption. Data for the territories is from Worldbank.org. GDP at current prices is GDP at prices of the current reporting period List. 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. Malaysia GDP Per Capita reached 11,197.665 USD in Dec 2019, compared with 11,084.302 USD in Dec 2018. ... 1961 - 2019 GDP (constant 2010 US$) ... GDP per capita growth (annual %) Download. 2) The rank that you see is the CIA reported rank, which may have the following issues: Department of Statistics, Malaysia CSV XML EXCEL. This Overview is extracted from the 2019 Economic Survey of Malaysia. Website : https://www.dosm.gov.my, Feedback     Malaysia’s domestic demand is expected to cushion against challenges of moderate export growth amid increased trade protectionism and slower Chinese import demand, according to ICAEW’s latest Economic Insight: South-East Asia report.. Malaysia’s 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. Malaysia GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2019, with an average number of 2,196.770 USD. Global Economic Trends: US Overtaken by China as a Global Trade Power. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. 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. 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. Knoema, an Eldridge business, is the most comprehensive source of global decision-making data in the world. This statistic shows the share of economic sectors in the gross domestic product (GDP) in Malaysia from 2009 to 2019. All suggestions for corrections of any errors about Malaysia Economy 2020 should be addressed to the CIA or the source cited on each page. Our website uses cookies to improve your online experience. Nevertheless, Motor Vehicles & Transport Equipment in Malaysia declined 3.6 per cent following the lower production of motor vehicles in Selangor, Perak and Kedah. Agriculture sector in Malaysia was dominated by Sarawak, Sabah, Johor, Pahang and Perak as depicted in Chart 5. Search and explore the world’s largest statistical database to find data. Unemployment rate also rose to 5.8% last year from 5.6% in 2017. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. The economic structure varies for each state. Moreover, Q3’s reading beat market analysts’ expectations of a 3.2% contraction. Public Relation Officer Email : info@dosm.gov.my (general enquiries) - … 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. The performance of this sector was influenced by the expansion in the Residential Buildings and Civil Engineering sub-sectors. Based on the Department of Statistics Malaysia’s 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. The GDP value of Malaysia represents 0.30 percent of the world economy. MALAYSIA’s 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. Fax : +603-8888 9248 WDI Tables. Periodic/Annual report on Malaysia's GDP by state. Corporate and User Services Division Malaysia GDP Growth Weakest in a Year Amid Global Slowdown By . 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. The United States Bureau of Economic Analysis (BEA) defines GDP by state as "the sum of value added from all industries in the state." Federal Government Administrative Centre, Map of U.S. states, the federal district, and Puerto Rico by GDP in billions USD (2019). 62514, PUTRAJAYA Selangor is the top region by GDP in Malaysia. Thematic data tables from WDI. - … Construction sector was led by WP Kuala Lumpur and Selangor as shown in Table 1. Archive     Ho Mei Kei The following table is the list of the GDP of Malaysian states released by the Department of Statistics Malaysia. The description is composed by our digital data assistant. 2013 - 2017. The Survey was discussed at a meeting of the Economic and Development Review Committee on 24 April 2019 and is The Manufacturing sector in Malaysia attributed by Electrical & Electronics Products in Selangor, Pulau Pinang and Johor. THE OFFICE OF CHIEF STATISTICIAN MALAYSIA GDP Per Capita at national level rose from RM37,123 to RM38,887 as depicted in Table 2. 2013 - 2017 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. Contact person: 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. 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. To continue our website uses cookies to improve your online experience Malaysian states released by the Department of Malaysia... 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