Gross Domestic Product — Value US$ in Malaysia
Malaysia: Gross Domestic Product — Value US$ was 421,912 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Malaysia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$ in Malaysia is 421,912 million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 5.6% on the previous year and up 24.8% over ten years.
Over the whole period, gross domestic product — value us$ in Malaysia peaked at 421,912 million USD in 2024 and was at its lowest, 3,864 million USD, in 1970.
That places Malaysia 44th out of 236 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Malaysia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 3,864 million USD | — |
| 1971 | 4,244 million USD | +9.8% |
| 1972 | 5,043 million USD | +18.8% |
| 1973 | 7,663 million USD | +51.9% |
| 1974 | 9,496 million USD | +23.9% |
| 1975 | 9,329 million USD | -1.8% |
| 1976 | 11,050 million USD | +18.4% |
| 1977 | 13,140 million USD | +18.9% |
| 1978 | 16,358 million USD | +24.5% |
| 1979 | 21,213 million USD | +29.7% |
| 1980 | 24,488 million USD | +15.4% |
| 1981 | 25,004 million USD | +2.1% |
| 1982 | 26,804 million USD | +7.2% |
| 1983 | 30,347 million USD | +13.2% |
| 1984 | 33,943 million USD | +11.8% |
| 1985 | 31,200 million USD | -8.1% |
| 1986 | 27,734 million USD | -11.1% |
| 1987 | 32,181 million USD | +16.0% |
| 1988 | 35,272 million USD | +9.6% |
| 1989 | 38,848 million USD | +10.1% |
| 1990 | 44,025 million USD | +13.3% |
| 1991 | 49,135 million USD | +11.6% |
| 1992 | 59,152 million USD | +20.4% |
| 1993 | 66,895 million USD | +13.1% |
| 1994 | 74,482 million USD | +11.3% |
| 1995 | 88,833 million USD | +19.3% |
| 1996 | 100,850 million USD | +13.5% |
| 1997 | 100,169 million USD | -0.7% |
| 1998 | 72,175 million USD | -27.9% |
| 1999 | 79,148 million USD | +9.7% |
| 2000 | 93,790 million USD | +18.5% |
| 2001 | 92,784 million USD | -1.1% |
| 2002 | 100,846 million USD | +8.7% |
| 2003 | 110,202 million USD | +9.3% |
| 2004 | 124,749 million USD | +13.2% |
| 2005 | 143,534 million USD | +15.1% |
| 2006 | 162,692 million USD | +13.3% |
| 2007 | 193,550 million USD | +19.0% |
| 2008 | 230,812 million USD | +19.3% |
| 2009 | 202,257 million USD | -12.4% |
| 2010 | 255,018 million USD | +26.1% |
| 2011 | 297,952 million USD | +16.8% |
| 2012 | 314,443 million USD | +5.5% |
| 2013 | 323,276 million USD | +2.8% |
| 2014 | 338,066 million USD | +4.6% |
| 2015 | 301,355 million USD | -10.9% |
| 2016 | 301,255 million USD | -0.0% |
| 2017 | 319,109 million USD | +5.9% |
| 2018 | 358,789 million USD | +12.4% |
| 2019 | 365,178 million USD | +1.8% |
| 2020 | 337,456 million USD | -7.6% |
| 2021 | 373,832 million USD | +10.8% |
| 2022 | 407,027 million USD | +8.9% |
| 2023 | 399,649 million USD | -1.8% |
| 2024 | 421,912 million USD | +5.6% |
Malaysia compared with similar countries
- Malaysia's 421,912 million USD is above the median for upper middle income countries, which is 44,912 million USD, 9.4× the median. (54 countries reporting)
- Malaysia's 421,912 million USD is above the median for East Asia & Pacific, which is 15,030 million USD, 28.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10,140 million USD | 3,864 million USD | 21,213 million USD | 10 |
| 1980s | 30,582 million USD | 24,488 million USD | 38,848 million USD | 10 |
| 1990s | 73,486 million USD | 44,025 million USD | 100,850 million USD | 10 |
| 2000s | 145,522 million USD | 92,784 million USD | 230,812 million USD | 10 |
| 2010s | 317,444 million USD | 255,018 million USD | 365,178 million USD | 10 |
| 2020s | 387,975 million USD | 337,456 million USD | 421,912 million USD | 5 |
Countries ranked near Malaysia
- 41 Iran (Islamic Republic of) 443,912 million USD compare
- 42 Bangladesh 432,742 million USD compare
- 43 Denmark 429,457 million USD compare
- 45 Colombia 415,398 million USD compare
- 46 China, Hong Kong SAR 406,835 million USD compare
- 47 South Africa 397,193 million USD compare
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)
- SDRs holdings, US dollar, annual growth rate 5.32 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0126 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 165.93 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.291 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0092 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 121.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.7 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0078 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Malaysia?
- Gross domestic product — value us$ in Malaysia was 421,912 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Malaysia?
- The highest recorded value was 421,912 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Malaysia?
- The lowest recorded value was 3,864 million USD in 1970.
- How does Malaysia rank for gross domestic product — value us$?
- Malaysia ranks 44th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Malaysia?
- Over the last ten years it is up 24.8%. 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 US$. Statizoid updates them automatically from the source API.
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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).