Construction output in Malaysia tumbled 44.9 percent year-on-year in the second quarter of 2020, after a 6.3 percent drop in the previous period. This was the sharpest contraction in construction output on the record, as the COVID-19 outbreak led businesses, including the construction sector, to halt operations. Civil engineering decreased the most (-55.2 percent vs -2.3 percent in Q1), followed by residential building (-38.7 percent vs -7.6 percent); non-residential building (-36.2 percent vs -11 percent); and special trades (-28.7 percent vs -8.6 percent). source: Department of Statistics, Malaysia
Construction Output in Malaysia averaged 13.53 percent from 2011 until 2016, reaching an all time high of 35.30 percent in the second quarter of 2012 and a record low of -6.30 percent in the first quarter of 2020. This page provides - Malaysia Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Construction Output in Malaysia is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Malaysia to stand at 20.00 in 12 months time. In the long-term, the Malaysia Construction Output is projected to trend around 6.00 percent in 2021, according to our econometric models.