Gross Domestic Product — Value US$, annual growth rate in Malaysia

Malaysia: Gross Domestic Product — Value US$, annual growth rate was 5.57 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.57 % change on previous year
Change on year
up 407.3%
World rank
116th
of 236 countries
All-time high
51.94 % change on previous year
in 1973
All-time low
-27.95 % change on previous year
in 1998
Years of data
54
1971–2024

Gross Domestic Product — Value US$, annual growth rate in Malaysia, 1971–2024

-200204060197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross domestic product — value us$, annual growth rate in Malaysia stood at 5.57 % change on previous year.

Compared with earlier readings it is up 407.3% on the previous year and up 21.8% over ten years.

Over the whole period, gross domestic product — value us$, annual growth rate in Malaysia peaked at 51.94 % change on previous year in 1973 and was at its lowest, -27.95 % change on previous year, in 1998.

That places Malaysia 116th out of 236 countries with data for 2024, putting it 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 US$, annual growth rate in Malaysia, year by year

Annual values for Gross Domestic Product — Value US$, annual growth rate in Malaysia, 1971 to 2024.
Year % change on previous year Change
1971 9.84 % change on previous year
1972 18.82 % change on previous year +91.3%
1973 51.94 % change on previous year +175.9%
1974 23.92 % change on previous year -53.9%
1975 -1.76 % change on previous year -107.4%
1976 18.45 % change on previous year -1148.8%
1977 18.91 % change on previous year +2.5%
1978 24.5 % change on previous year +29.6%
1979 29.68 % change on previous year +21.2%
1980 15.44 % change on previous year -48.0%
1981 2.11 % change on previous year -86.3%
1982 7.2 % change on previous year +241.6%
1983 13.22 % change on previous year +83.6%
1984 11.85 % change on previous year -10.4%
1985 -8.08 % change on previous year -168.2%
1986 -11.11 % change on previous year +37.4%
1987 16.03 % change on previous year -244.4%
1988 9.6 % change on previous year -40.1%
1989 10.14 % change on previous year +5.6%
1990 13.33 % change on previous year +31.4%
1991 11.61 % change on previous year -12.9%
1992 20.39 % change on previous year +75.6%
1993 13.09 % change on previous year -35.8%
1994 11.34 % change on previous year -13.4%
1995 19.27 % change on previous year +69.9%
1996 13.53 % change on previous year -29.8%
1997 -0.6753 % change on previous year -105.0%
1998 -27.95 % change on previous year +4038.6%
1999 9.66 % change on previous year -134.6%
2000 18.5 % change on previous year +91.5%
2001 -1.07 % change on previous year -105.8%
2002 8.69 % change on previous year -910.2%
2003 9.28 % change on previous year +6.8%
2004 13.2 % change on previous year +42.3%
2005 15.06 % change on previous year +14.1%
2006 13.35 % change on previous year -11.4%
2007 18.97 % change on previous year +42.1%
2008 19.25 % change on previous year +1.5%
2009 -12.37 % change on previous year -164.3%
2010 26.09 % change on previous year -310.9%
2011 16.84 % change on previous year -35.5%
2012 5.53 % change on previous year -67.1%
2013 2.81 % change on previous year -49.2%
2014 4.58 % change on previous year +62.9%
2015 -10.86 % change on previous year -337.4%
2016 -0.0332 % change on previous year -99.7%
2017 5.93 % change on previous year -17959.9%
2018 12.43 % change on previous year +109.8%
2019 1.78 % change on previous year -85.7%
2020 -7.59 % change on previous year -526.3%
2021 10.78 % change on previous year -242.0%
2022 8.88 % change on previous year -17.6%
2023 -1.81 % change on previous year -120.4%
2024 5.57 % change on previous year -407.3%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, annual growth rate in Malaysia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2017 +17959.9% -0.0332 % change on previous year 5.93 % change on previous year
1998 -4038.6% -0.6753 % change on previous year -27.95 % change on previous year
1976 +1148.8% -1.76 % change on previous year 18.45 % change on previous year
2002 +910.2% -1.07 % change on previous year 8.69 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 21.59 % change on previous year -1.76 % change on previous year 51.94 % change on previous year 9
1980s 6.64 % change on previous year -11.11 % change on previous year 16.03 % change on previous year 10
1990s 8.36 % change on previous year -27.95 % change on previous year 20.39 % change on previous year 10
2000s 10.28 % change on previous year -12.37 % change on previous year 19.25 % change on previous year 10
2010s 6.51 % change on previous year -10.86 % change on previous year 26.09 % change on previous year 10
2020s 3.17 % change on previous year -7.59 % change on previous year 10.78 % change on previous year 5

Countries ranked near Malaysia

  1. 113 Liechtenstein 5.75 % change on previous year compare
  2. 114 Philippines 5.62 % change on previous year compare
  3. 115 Greece 5.6 % change on previous year compare
  4. 117 Anguilla 5.55 % change on previous year compare
  5. 118 Israel 5.5 % change on previous year compare
  6. 119 Denmark 5.49 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Malaysia

All data for Malaysia →

Frequently asked questions

What is gross domestic product — value us$, annual growth rate in Malaysia?
Gross domestic product — value us$, annual growth rate in Malaysia was 5.57 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, annual growth rate recorded in Malaysia?
The highest recorded value was 51.94 % change on previous year in 1973.
What is the lowest gross domestic product — value us$, annual growth rate recorded in Malaysia?
The lowest recorded value was -27.95 % change on previous year in 1998.
How does Malaysia rank for gross domestic product — value us$, annual growth rate?
Malaysia ranks 116th out of 236 countries with data for 2024.
Is gross domestic product — value us$, annual growth rate rising or falling in Malaysia?
Over the last ten years it is up 21.8%. The long-run trend across the full record is volatile.
Where does this Malaysia data come from?
The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, annual growth rate in Malaysia. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-annual-growth-rate/malaysia/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Domestic Product — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,305 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.