Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malaysia
Malaysia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 1.65 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malaysia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Malaysia stood at 1.65 million million SLC. That is the highest value across all 55 years on record.
The figure is up 5.1% on the previous year and up 47.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Malaysia peaked at 1.65 million million SLC in 2024 and was at its lowest, 66,632 million SLC, in 1970.
Malaysia ranks 77th of 194 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.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Malaysia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 66,632 million SLC | — |
| 1971 | 81,911 million SLC | +22.9% |
| 1972 | 89,601 million SLC | +9.4% |
| 1973 | 100,086 million SLC | +11.7% |
| 1974 | 108,411 million SLC | +8.3% |
| 1975 | 109,280 million SLC | +0.8% |
| 1976 | 121,916 million SLC | +11.6% |
| 1977 | 131,369 million SLC | +7.8% |
| 1978 | 140,110 million SLC | +6.7% |
| 1979 | 153,209 million SLC | +9.3% |
| 1980 | 164,614 million SLC | +7.4% |
| 1981 | 176,042 million SLC | +6.9% |
| 1982 | 186,559 million SLC | +6.0% |
| 1983 | 198,157 million SLC | +6.2% |
| 1984 | 213,538 million SLC | +7.8% |
| 1985 | 211,241 million SLC | -1.1% |
| 1986 | 213,571 million SLC | +1.1% |
| 1987 | 225,083 million SLC | +5.4% |
| 1988 | 244,887 million SLC | +8.8% |
| 1989 | 267,368 million SLC | +9.2% |
| 1990 | 291,457 million SLC | +9.0% |
| 1991 | 319,278 million SLC | +9.5% |
| 1992 | 347,647 million SLC | +8.9% |
| 1993 | 382,046 million SLC | +9.9% |
| 1994 | 417,240 million SLC | +9.2% |
| 1995 | 458,251 million SLC | +9.8% |
| 1996 | 504,089 million SLC | +10.0% |
| 1997 | 541,002 million SLC | +7.3% |
| 1998 | 501,187 million SLC | -7.4% |
| 1999 | 531,948 million SLC | +6.1% |
| 2000 | 579,073 million SLC | +8.9% |
| 2001 | 582,071 million SLC | +0.5% |
| 2002 | 613,450 million SLC | +5.4% |
| 2003 | 648,960 million SLC | +5.8% |
| 2004 | 692,981 million SLC | +6.8% |
| 2005 | 729,932 million SLC | +5.3% |
| 2006 | 770,698 million SLC | +5.6% |
| 2007 | 819,242 million SLC | +6.3% |
| 2008 | 858,826 million SLC | +4.8% |
| 2009 | 845,828 million SLC | -1.5% |
| 2010 | 908,629 million SLC | +7.4% |
| 2011 | 956,731 million SLC | +5.3% |
| 2012 | 1.01 million million SLC | +5.5% |
| 2013 | 1.06 million million SLC | +4.7% |
| 2014 | 1.12 million million SLC | +6.0% |
| 2015 | 1.18 million million SLC | +5.1% |
| 2016 | 1.23 million million SLC | +4.4% |
| 2017 | 1.30 million million SLC | +5.8% |
| 2018 | 1.36 million million SLC | +4.8% |
| 2019 | 1.42 million million SLC | +4.4% |
| 2020 | 1.35 million million SLC | -5.5% |
| 2021 | 1.39 million million SLC | +3.3% |
| 2022 | 1.51 million million SLC | +8.7% |
| 2023 | 1.57 million million SLC | +3.7% |
| 2024 | 1.65 million million SLC | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 110,252 million SLC | 66,632 million SLC | 153,209 million SLC | 10 |
| 1980s | 210,106 million SLC | 164,614 million SLC | 267,368 million SLC | 10 |
| 1990s | 429,414 million SLC | 291,457 million SLC | 541,002 million SLC | 10 |
| 2000s | 714,106 million SLC | 579,073 million SLC | 858,826 million SLC | 10 |
| 2010s | 1.15 million million SLC | 908,629 million SLC | 1.42 million million SLC | 10 |
| 2020s | 1.49 million million SLC | 1.35 million million SLC | 1.65 million million SLC | 5 |
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)
- Gross capital formation (current US$), annual growth rate 4.23 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2046 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 2,685 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -2.42 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.8766 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 11,506 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 9.11 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2141 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Malaysia?
- Gross domestic product — value standard local currency, 2015 prices in Malaysia was 1.65 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Malaysia?
- The highest recorded value was 1.65 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Malaysia?
- The lowest recorded value was 66,632 million SLC in 1970.
- How does Malaysia rank for gross domestic product — value standard local currency, 2015 prices?
- Malaysia ranks 77th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Malaysia?
- Over the last ten years it is up 47.0%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).