Construction activity in Malaysia rose 6.1 percent year-on-year in the June quarter of 2022, rebounding from a 6.1 percent drop in the prior period and indicating the first increase in a year, as the economy fully emerged from coronavirus curbs. There was an upturn in activity related to residential buildings (7.9 percent vs -11.9 percent in Q1), while the output of non-residential buildings picked up strongly (18.1 percent vs 4.2 percent), and special trade activities continued their double-digit growth (11.9 percent vs 24.1 percent). In contrast, civil engineering activity fell at a slower rate (-4.4 percent vs -15.5 percent). source: Department of Statistics, Malaysia
Construction Output in Malaysia averaged 13.53 percent from 2011 until 2016, reaching an all time high of 42.60 percent in the second quarter of 2021 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 September of 2022.
Construction Output in Malaysia is expected to be 20.00 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 3.50 in 12 months time. In the long-term, the Malaysia Construction Output is projected to trend around 6.00 percent in 2022, according to our econometric models.