< 5,000 US$ 5,000 - < 7,000 US$ 7,000 - < 9,000 US$ 9,000 - < 11,281 US$ 11,281 - < 13,000 US$ 13,000 - < 15,000 US$ 15,000 - < 20,000 US$ > 20,000 US$ View Malaysia's Malaysia GDP: PPP:(GDP) Gross Domestic Productper Capita from 1990 to 2017 in the chart: max 1y 5y 10y. GDP per capita, PPP - Country rankings * indicates monthly or quarterly data series GDP per capita, Purchasing Power Parity, 2021 - Country rankings: The average for 2021 based on 11 countries was 23906.98 U.S. dollars.The highest value was in Singapore: 106032.23 U.S. dollars and the lowest value was in Burma (Myanmar): 4032.63 U.S. dollars. Share of Global Growth GDP Data Quality GDP - Quality Rating Informal Economy Size GDP Data Base Year System of National Accounts Statistical Capacity Index Corruption Perceptions Index Wealth Income & Asset Wealth per Capita GDP Per Capita by Country GDP Per Capita CAGR Growth GDP Per Capita - Quality Raitings Inequality Inequality Index note: data are in 2010 dollars. Credit Suisse, Zrich, Environmental, Social & Governance Indexes, Data for individual countries and underlying data click on the country name, 1 Ivory Square, Plantation Wharf, London, SW11 3UE. . Likewise, the Agriculture sector grew by 3.1 per cent, up from 1.0 per cent in the previous year, supported by increases in oil palm, vegetable, fruits crop and livestock activities. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. This subsector rose by 6.6 per cent compared to a drop of 9.4 per cent in 2020, driven by a surge in the natural gas production, primarily in Sabah. Malaysia's GDP per capita increased by RM3,737 from RM43,702 in 2020 to RM47,439 in 2021 (Table 1). Negeri Sembilan posted a value added of RM47.7 billion (2020: RM46.3 billion), a 3.0 per cent increase from the previous year's decline of 3.6 per cent, driven by the Services and Manufacturing sectors. Data are derived by dividing GDP in PPP dollars by total population. In contrary, the Agriculture sector fell by 0.6 per cent (2020: 3.4%), influenced by the vegetable crops subsector. [a] For rankings regarding wealth, see list of countries by wealth per adult . Similarly, the Manufacturing sector grew by 5.5 per cent, with increases in electrical, electronic & optical products as well as chemical & chemical products. Click the charts or button below to see more charts showing the world economy of today and how it could look in 2030. In 2021, Sabahs GDP rose by 1.1 per cent compared to a contraction of 9.2 per cent in the previous year, to record a value added of RM78.7 billion (2020: RM77.8 billion). Malaysia GDP per capita 2022 Data - 2023 Forecast - TRADING ECONOMICS White label accounts can distribute our data. GDP per Capita PPP in Malaysia averaged 19138.83 USD from 1990 until 2022, reaching an all time high of 28315.37 USD in 2022 and a record low of 10607.77 USD in 1990. The Gross Domestic Product per capita in Malaysia was last recorded at 26959.25 US dollars in 2021, when adjusted by purchasing power parity (PPP). Malaysia - Gross domestic product per capita based on purchasing-power-parity in current prices. As of 2021, GDP per capita based on PPP in Luxembourg was 131,874 international dollars. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. Malaysia GDP per capita (USD) - FocusEconomics For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurement of global growth and Box A.1 in the May 2000 World Economic Outlook for a summary of the revised PPP-based weights, and Annex IV of the May 1993 World Economic Outlook. The data reached an all-time high of 28,650.000 Intl $ in 2017 and a record low of 6,530.000 Intl $ in 1990. The states that were responsible for the contraction in this sector were Perlis, with a growth of negative 6.0 per cent, followed by Terengganu (-5.3%), Sarawak (-3.2%), Sabah (-2.4%), Negeri Sembilan (-0.4%) and Pahang (-0.1%). Department Of Statistics Malaysia (DOSM) All Rights Reserved, Get latest procurement advertisement here. The Manufacturing sector climbed by 3.3% (2020: -8.5%), driven by petroleum, chemical, rubber, and plastic products and electrical, electronic & optical products. $) Nominal PPP; 2020: 10,270: 27,402: 2021: 11,604: 29,340: 2022: 12,350: 31,407: 2023: 13,251: 33,530: 2024: 14,096: 35,614: 2025: 14,991: 37,688: 2026: 15,942: 39,866 *Includes W.P. Next, the Manufacturing sector improved by 9.5 per cent from a negative 9.4 per cent in 2020, aided the petroleum, chemical, rubber & plastic products subsector. Albeit the negative growth in the Construction sector, most states are showing signs of revival. However, the Agriculture sector in Terengganu dropped by 5.3 per cent (2020: -3.7%), due to the decline in the crops subsector. Trading Economics welcomes candidates from around the world. We have a plan for your needs. If you continue to navigate this website beyond this page, cookies will be placed on your browser. The Services sector expanded by 1.8 per cent (2020: -7.3%), led by the wholesale & retail trade, information & communication and utilities subsectors. The Trading Economics Application Programming Interface (API) provides direct access to our data. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country As currency needed to purchase in country A the same quantity of a specific good or service as one unit of country Bs currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or numeraire currency. The governments effective response to the global crisis has paved the way for a swift economic recovery. GDP per capita in Malaysia GDP growth grows at softest pace in a year in Q1. Other noteworthy approaches include various economic stimulus packages from the federal and state governments, the National Recovery Plan to safely exit the COVID-19 pandemic and the International Langkawi Travel Bubble. "This was backed by electrical, electronic and optical products following increased global demand for semiconductors," the report said. Malaysia GNI: PPP: GNI per Capita data is updated yearly, averaging 14,175.000 Intl $ from Dec 1990 to 2017, with 28 observations. The Manufacturing sector accelerated by 9.5 per cent (2020: -2.7%), followed by the Services sector by 1.9 per cent (2020: -5.4%) and the Mining & quarrying sector by 0.3 per cent (2020: -9.7%). Five states surpassed the national level: W.P. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. 2030 is only 8 years away, by making very modest assumptions about economic growth it is possible to project forward economic data to 2030. Kuala Lumpur (RM111,292), W.P. License : CC BY-4.0 Line Bar Map Label GDP per capita adjusted for PPP tiger cub economies | Statista The gross domestic product (GDP) per capita (in PPP dollars) in Ecuador was forecast to continuously increase between 2023 and 2028 by 0.8 thousand PPP dollars (+7.26 percent). The Services sector grew by 2.0 per cent (2020: -1.0%), led by the wholesale & retail trade, utilities and information & communication subsectors. World Economics makes available of world's most comprehensive GDP database covering over 130 countries with historical GDP Per Capita PPP data from 1870-2020, building on the lifetimes work of Angus Maddison. Note: Expressed in GDP in PPP dollars per person. Current job openings: 2023 Data - 2024 Forecast - 1960-2022 Historical - Chart, Malaysia Producer Prices Fall the Most in 3 Years, Malaysia Leading Index Shrinks for 2nd Month, Malaysia Retail Trade Growth Eases to 13-Month Low, Malaysia Industrial Output Unexpectedly Drops, Malaysia Jobless Rate Down to 3.5% in April, Malaysia Equities Hover at Near 8-Month Low, South Korea Trade Surplus Smaller than Expected, South Korea Imports Fall More than Estimated, Argentina Economic Activity Shrinks More than Estimates, Trinidad and Tobago Keeps Interest Rate Steady at 3.5%. The Manufacturing sector contracted by 1.0%(2020: -1.2%), influenced by the chemical and chemical products subsector. This page provides - Malaysia GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news. The Services sector advanced by 1.9% (2020: -3.5%), aided by the wholesale and retail trade and government services subsectors. Melakas GDP rose by 2.0 per cent, to reach RM41.8 billion, from RM41.0 billion the previous year. GDP - per capita (PPP): $28,364 (2019 est.) Malaysia GNI: PPP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The Services sector increased by 2.3 per cent compared to a decline of 4.6 per cent in 2020. W.P. They were placed on your device when you launched this website. The Mining & quarrying sector surged by 2.4 per (2020: -12.3%), supported by a spike in natural gas activity. Definition: This entry shows real GDP, divided by population as of 1 July for the same year. Labuan recorded a marginal growth of 0.5% compared to a negative 0.4% in the previous year, recording a value added of RM7.6 billion. The Agriculture sector declined by 0.1 per cent (2020: 1.2%), influenced by oil palm, forestry & logging activity. Advanced users can use our Python/R/Matlab packages. GDP per capita, PPP (constant 2017 international $) GDP per capita (current US$) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. The economic distress that shook Malaysia in 2020 appears to be winding down as the country embarks into 2021. The Manufacturing sector recorded solid growth of 9.2 per cent (2020: 3.5%), backed by the electrical, electronic and optical products subsector. In terms of GDP per capita, all states experienced growth in comparison to the previous year. The Services sector expanded by2.1 per cent (2020: -5.5%), led by the wholesale & retail trade, information & communication and utilities subsectors. On the contrary, the Agriculture sector fell by 2.4 per cent (2020: -6.7%), owing to a contraction in the crop subsector, primarily oil palm activity. Pahang, the only state to experience negative growth in the Services sector, declined by 1.4 percent (2020: -8.8 per cent), owing to the tourism-related subsectors including other services, food & beverages and accommodation subsectors. Malaysia GDP per capita PPP 2022 Data - 2023 Forecast - TRADING ECONOMICS List of countries by GDP (PPP) per capita - Wikipedia GDP per capita based on PPP of Malaysia increased from 13,532 international dollars in 2002 to 29,702 international dollars in 2021 growing at an average annual rate of 4.28%. GDP per capita based on purchasing power parity (PPP). Malaysia GDP Per Capita (PPP) 2004 - 2022 US Dollars - Geographic.org In the same manner, all states began to recover from the Global COVID-19 Crisis and reported improved performance in 2021. NOTE: This time series graph shows the GDP Per Capita of Malaysia based on our stored data from 2004 to 2022, taken from the CIA World fact books of the respective years. Malaysia - GNI Per Capita, Atlas Method - 2023 Data 2024 Forecast 1962 Malaysia - GDP Per Capita, PPP (current International $) The gross domestic product in current prices in Malaysia was forecast to continuously increase between 2023 and 2028 by in total 188 billion U.S. dollars (+42.06 . However, the decline in the food & beverages, accommodation, real estate and business services subsectors has diminished the sector's upward momentum. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. The downturn was broad-based, with growth in private consumption and, fixed investment weakening, and . However, the Mining and Quarrying sector fell by3.3 per cent(2020: -4.7%) following declines in natural gas, crude oil and condensate production. Data are in current U.S. dollars. Malaysia GDP: PPP:(GDP) Gross Domestic Productper Capita CSV XML EXCEL. Data Quality Index numbers shown on a scale of 0-100. The Manufacturing sector jumped by 7.2 per cent (2020: -4.9%), owing to strong growth in the electrical, electronic & optical products and refined petroleum products. $26,661 (2017 est.) Similarly, the Agriculture sector dropped by 3.2 per cent(2020: -10.1%) due to lower oil palm and other crops as well as the forestry & logging production. The economy of Perak surged by 3.5 per cent after contracting 2.4 per cent the previous year. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. Putrajaya. Malaysia - GNI Per Capita, Atlas Method GNI per capita, Atlas method (current US$) in Malaysia was reported at 10710 USD in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. PDF Malaysia - OECD The description is composed by our digital data assistant. The Construction sector improved by recording a negative 5.2 per cent after suffering a double digit decline the previous year. Malaysias Mining & quarrying sector grew by 0.3% (2020: -9.7%), fueled by the natural gas subsector, which constituted 52.5% of the sector. The Agriculture sector recorded a better performance of a negative 0.2 per cent, compared to a dip of negative 2.4 per cent in 2020. Details of these statistics can be accessed and downloaded for free through the statistics application on the DOSM website, www.dosm.gov.my. We have a plan for your needs. The Manufacturing sector, which contributes 24.3 per cent to the national GDP, accelerated by 9.5 per cent from a negative 2.7 per cent in 2020. Q1's reading marked the slowest growth since Q1 2022. GDP per capita, PPP (current international $), GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. The Services sector expanded by 2.7 per cent (2020: -1.0%), aided wholesale & retail trade and government subsectors. The Construction sector grew by 12.9 per cent, compared to a decline of 15.5 per cent the previous year, supported by the non-residential building subsector. In 2021, GDP per capita based on PPP for Malaysia was 28,929 international dollars. In 2021, GDP per capita based on PPP for Malaysia was 29,702 international dollars. Source: International Monetary Fund, World Economic Outlook Database, April 2019, GDP per capita, PPP (current international $) - thematic map - World Bank indicator, GDP per capita, PPP (current international $) - country comparison - World Bank indicator. Malaysia GDP - per capita (PPP) - Economy - IndexMundi Malaysian Ringgit to US Dollar Rates", "XE: MYR / EUR Currency Chart. Countries by GDP (PPP) per capita 2020 - StatisticsTimes.com W.P. Email: yusrizal.razak@dosm.gov.my, Subscribe to our release newsletter and stay updated. Selangor remained the largest economy in Malaysia, with a value added of RM343.5 billion (2020: RM327.1 billion). GDP per capita, PPP in South East Asia | TheGlobalEconomy.com Our website uses cookies to improve your online experience. For interviews, press statement and clarification to the media, contact: Not found what you looking for? Table 1: GDP per capita (RM) by state, 2020-2021 . GDP per capita, PPP (current international $) Improving Statistical Capacity. Advanced users can use our Python/R/Matlab packages. Chart 3: Economic growth by state and economic activity, 2021. Malaysia GDP Per Capita | 2020 | Nominal - World Economics Current job openings: Download historical data for 20 million indicators using your browser. GDP per capita (constant LCU) - Malaysia | Data In 2019, the estimated average GDP per capita (PPP) of all of the countries of the world was Int$ 18,381. Source: CIA World Factbook - This page was last updated on Saturday, September 18, 2021, Variable: Gross domestic product per capita, current prices. The Gross Domestic Product per capita in Malaysia was last recorded at 10575.87 US dollars in 2021. GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. The Services sector grew by 2.1 per cent (2020: -5.6%), driven by the wholesale & retail trade, finance & insurance and information & communication subsectors. Data for each indicator is indexed on a scale of 0-100 where 100 = 'As good as it gets'. The Agriculture sector expanded 4.9 per cent (2020: 0.3%), led by the crops, livestock and fisheries subsectors. Kuala Lumpur (RM111,292), W.P. )$26,661 (2017 est. Malaysia GDP Per Capita - Historical Data; Year GDP Per Capita (US $) Annual Growth Rate (%) 2021: $11,109: 9.33%: 2020: $10,161-8.72%: 2019: $11,132: 0.52%: 2018: $11,074: 10.96%: 2017: $9,980: 4.44%: 2016: $9,556-1.48%: 2015: $9,700-12.18%: 2014: $11,045: 2.96%: 2013: $10,728: 1.19%: 2012: $10,602: 3.84%: 2011: $10,209: 14.97%: 2010: $8,880: . This site uses cookies to optimize functionality and give you the best possible experience. Malaysia's GDP grew to 8.7 per cent in 2022. Apply Get this data max 1y . The contraction was influenced by negative growth recorded in all segments apart from the special trade segment. You can change your personal cookie settings through your internet browser settings. Malaysia GDP per capita, 2017 (PPP, current international dollar) Composition of exports, 2017 (percentage of total exports) Composition of imports, 2017 (percentage of total imports) Malaysia A Medium-term economic outlook (forecast, 2019-23 average) GDP growth (percentage change): 4.6 Current account balance (% of GDP): 2.1
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