Malaysia's economy shrank by 16.5 percent quarter-on-quarter in the June quarter of 2020, the most contraction since the series began in the second quarter 2000, after a 2 percent contraction in the previous quarter. source: Department of Statistics, Malaysia
GDP Growth Rate in Malaysia averaged 0.94 percent from 2000 until 2020, reaching an all time high of 5.50 percent in the third quarter of 2002 and a record low of -16.50 percent in the second quarter of 2020. This page provides - Malaysia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
GDP Growth Rate in Malaysia is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Malaysia to stand at 1.00 in 12 months time. In the long-term, the Malaysia GDP Growth Rate is projected to trend around 1.00 percent in 2021, according to our econometric models.