Malaysia Gross Domestic Product 2019
The gdp value of malaysia represents 0 30 percent of the world economy.
Malaysia gross domestic product 2019. This page provides the latest reported value for. As of 4 may 2020 1 malaysian ringgit symbol. This is a list of malaysian states and federal territories sorted by their gross domestic product.
The gross domestic product per capita in malaysia was last recorded at 12478 20 us dollars in 2019. Tuesday 10 december 2019 1200 capital stock statistics 2018. Gdp in malaysia averaged 96 63 usd billion from 1960 until 2019 reaching an all time high of 364 70 usd billion in 2019 and a record low of 1 90 usd billion in 1961.
In 2019 the state of selangor contributed around 24 percent to the gross domestic product gdp of malaysia. Try our corporate solution for free. The statistic shows gross domestic product gdp in malaysia from 1984 to 2019 with projections up until 2021.
Gdp per capita in malaysia averaged 5388 58 usd from 1960 until 2019 reaching an all time high of 12478 20 usd in 2019 and a record low of 1354 usd in 1960. Services manufacturing and agriculture sectors were the main drivers of the economy growth for the third quarter 2019. Net capital stock which portrays the wealth of malaysia s economy increased to rm3 1 trillion and registered a growth of 4 2 per cent.
The share of gvati recorded 7 5 per cent to sarawak gross domestic product gdp in 2018. Gross domestic product gdp is the market value of all final goods and services from a nation in a given year. The gross domestic product gdp in malaysia was worth 364 70 billion us dollars in 2019 according to official data from the world bank.
World economics makes available of world s most comprehensive gdp database covering over 130 countries with historical gdp ppp data from 1870 2019 building on the lifetimes work of angus maddison. Myr is equivalent to 0 23 us dollar or 0 21 euros. Gross domestic product gdp denotes the aggregate value of all services and goods.
Countries are sorted by nominal gdp estimates from financial and statistical institutions which are calculated at market or government official exchange rates nominal gdp does not take into account differences in the cost of living in different countries and the results can vary. The gross domestic product gdp of malaysia grew 4 4 per cent in the third quarter of 2019 after recording a growth of 4 9 per cent during the second quarter of 2019. The gdp per capita in malaysia is equivalent to 99 percent of the world s average.
That 22 1 for exports to overall gdp per ppp in 2019 compares to 24 7 one year earlier.
