Annual growth of general government final consumption expenditure in Malaysia
Malaysia: Annual growth of general government final consumption expenditure was 3.32 in 2023. ◆ Volatile
Latest (2023)
3.32
Change on year
down 35.0%
World rank
53rd
of 167 countries
All-time high
15.7
in 2001
All-time low
1.05
in 2016
Years of data
24
2000–2023
Annual growth of general government final consumption expenditure in Malaysia, 2000–2023
Source: Our World in Data.
Analysis
In 2023, annual growth of general government final consumption expenditure in Malaysia stood at 3.32.
That represents a change of down 35.0% on the previous year and down 42.9% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Malaysia peaked at 15.7 in 2001 and was at its lowest, 1.05, in 2016.
Malaysia ranks 53rd of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Malaysia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.63 | — |
| 2001 | 15.7 | +863.2% |
| 2002 | 11.89 | -24.3% |
| 2003 | 8.61 | -27.6% |
| 2004 | 7.64 | -11.3% |
| 2005 | 6.5 | -14.9% |
| 2006 | 5.49 | -15.5% |
| 2007 | 7.33 | +33.5% |
| 2008 | 6.87 | -6.3% |
| 2009 | 4.94 | -28.1% |
| 2010 | 2.76 | -44.1% |
| 2011 | 14.16 | +413.0% |
| 2012 | 5.43 | -61.7% |
| 2013 | 5.81 | +7.0% |
| 2014 | 4.36 | -25.0% |
| 2015 | 4.53 | +3.9% |
| 2016 | 1.05 | -76.8% |
| 2017 | 5.66 | +439.0% |
| 2018 | 3.39 | -40.1% |
| 2019 | 1.55 | -54.3% |
| 2020 | 4.09 | +163.9% |
| 2021 | 5.84 | +42.8% |
| 2022 | 5.11 | -12.5% |
| 2023 | 3.32 | -35.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.66 | 1.63 | 15.7 | 10 |
| 2010s | 4.87 | 1.05 | 14.16 | 10 |
| 2020s | 4.59 | 3.32 | 5.84 | 4 |
Countries ranked near Malaysia
More economy & growth data for Malaysia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.97 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.221 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,900 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.9467 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 12,425 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.2165 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 2,842 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 11,100 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 7.88 % change on previous year (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Malaysia?
- Annual growth of general government final consumption expenditure in Malaysia was 3.32 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Malaysia?
- The highest recorded value was 15.7 in 2001.
- What is the lowest annual growth of general government final consumption expenditure recorded in Malaysia?
- The lowest recorded value was 1.05 in 2016.
- How does Malaysia rank for annual growth of general government final consumption expenditure?
- Malaysia ranks 53rd out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Malaysia?
- Over the last ten years it is down 42.9%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).