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East Asia & Pacific

Malaysia GDP

Gross Domestic Product in current US dollars.

Latest Value

$422.23B

As of 2024

YoY Change

+5.6%

2023 → 2024

Record High

$422.23B

Recorded in 2024

Record Low

$1.90B

Recorded in 1961

10-Year Average

$358.69B

2015–2024

Data Range

1960–2024

65 data points

Source

World Bank

Code: NY.GDP.MKTP.CD

Historical Trend

19602024

Analysis

Malaysia's GDP has reached 422,227,000,000 current US$ in 2024, indicating a significant economic presence in the region. The country's GDP growth is driven by its diverse economy, which includes sectors such as manufacturing, services, and agriculture. This growth also reflects Malaysia's strategic location and role in international trade.

Historical Data

ValueYoY ChangeChange %
2024$422.23B$22.28B+5.6%
2023$399.95B$7.88B-1.9%
2022$407.83B$34.05B+9.1%
2021$373.78B$36.33B+10.8%
2020$337.46B$27.72B-7.6%
2019$365.18B$6.39B+1.8%
2018$358.79B$39.68B+12.4%
2017$319.11B$17.85B+5.9%
2016$301.26B$99.23M-0.0%
2015$301.36B$36.71B-10.9%

Source: World Bank Open Data · 1960–2024