Gross domestic product (GDP) in Malaysia
Malaysia: Gross domestic product (GDP) was 1.07 trillion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Malaysia, 1955–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Malaysia recorded 1.07 trillion international-$ in 2021 prices for gross domestic product (gdp) in 2023. That is the highest value across all 69 years on record.
The figure is up 4.6% on the previous year and up 33.7% over ten years.
Over the whole period, gross domestic product (gdp) in Malaysia peaked at 1.07 trillion international-$ in 2021 prices in 2023 and was at its lowest, 19.73 billion international-$ in 2021 prices, in 1955.
That places Malaysia 31st out of 184 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 21.40 billion international-$ in 2021 prices | 19.73 billion international-$ in 2021 prices | 23.09 billion international-$ in 2021 prices | 5 |
| 1960s | 34.91 billion international-$ in 2021 prices | 25.16 billion international-$ in 2021 prices | 43.42 billion international-$ in 2021 prices | 10 |
| 1970s | 75.95 billion international-$ in 2021 prices | 47.08 billion international-$ in 2021 prices | 104.16 billion international-$ in 2021 prices | 10 |
| 1980s | 136.27 billion international-$ in 2021 prices | 113.84 billion international-$ in 2021 prices | 165.98 billion international-$ in 2021 prices | 10 |
| 1990s | 264.73 billion international-$ in 2021 prices | 187.62 billion international-$ in 2021 prices | 334.32 billion international-$ in 2021 prices | 10 |
| 2000s | 457.84 billion international-$ in 2021 prices | 341.80 billion international-$ in 2021 prices | 613.61 billion international-$ in 2021 prices | 10 |
| 2010s | 814.43 billion international-$ in 2021 prices | 627.84 billion international-$ in 2021 prices | 953.49 billion international-$ in 2021 prices | 10 |
| 2020s | 984.75 billion international-$ in 2021 prices | 909.41 billion international-$ in 2021 prices | 1.07 trillion international-$ in 2021 prices | 4 |
Countries ranked near Malaysia
- 28 Argentina 1.24 trillion international-$ in 2021 prices compare
- 29 Philippines 1.16 trillion international-$ in 2021 prices compare
- 30 Nigeria 1.07 trillion international-$ in 2021 prices compare
- 32 Colombia 915.37 billion international-$ in 2021 prices compare
- 33 United Arab Emirates 812.83 billion international-$ in 2021 prices compare
- 34 Switzerland 797.97 billion international-$ in 2021 prices compare
More economy & growth data for Malaysia
- External balance on goods and services as a percent of GDP 5.5% (2025)
- Inflation of consumer prices 1.4% (2025)
- GDP per capita 12,352 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 22.1% (2025)
- Gross domestic product (GDP) 444.41 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 12,352 constant 2015 US$ (2025)
- DEC alternative conversion factor 4.28 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -10.77 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -2.51 billion current US$ (2025)
- Taxes less subsidies on products 26.06 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Malaysia?
- Gross domestic product (gdp) in Malaysia was 1.07 trillion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Malaysia?
- The highest recorded value was 1.07 trillion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Malaysia?
- The lowest recorded value was 19.73 billion international-$ in 2021 prices in 1955.
- How does Malaysia rank for gross domestic product (gdp)?
- Malaysia ranks 31st out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Malaysia?
- Over the last ten years it is up 33.7%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 69 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.