The gross domestic product (GDP) in current prices in Malaysia was forecast to continuously increase between 2024 and 2029 by in total 181.6 billion U.S. dollars (+41.3 percent). After the sixth consecutive increasing year, the GDP is estimated to reach 621.32 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Cambodia, Laos, and Timor-Leste.
Malaysia: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion U.S. dollars
2029*
621.32
2028*
587.09
2027*
553.08
2026*
522.25
2025*
488.25
2024*
439.75
2023
399.7
2022
407.61
2021
373.79
2020
337.46
2019
365.18
2018
358.78
2017
319.11
2016
301.26
2015
301.36
2014
342.87
2013
327.87
2012
318.91
2011
302.18
2010
258.64
2009
211.85
2008
241.95
2007
202.73
2006
170.41
2005
150.34
2004
135.87
2003
120.03
2002
109.83
2001
101.05
2000
102.15
1999
86.2
1998
78.64
1997
109.12
1996
109.85
1995
96.61
1994
81.16
1993
72.86
1992
64.43
1991
53.52
1990
47.24
1989
41.68
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IMF. (October 22, 2024). Malaysia: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/319024/gross-domestic-product-gdp-in-malaysia/
IMF. "Malaysia: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/319024/gross-domestic-product-gdp-in-malaysia/
IMF. (2024). Malaysia: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/319024/gross-domestic-product-gdp-in-malaysia/
IMF. "Malaysia: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/319024/gross-domestic-product-gdp-in-malaysia/
IMF, Malaysia: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/319024/gross-domestic-product-gdp-in-malaysia/ (last visited November 22, 2024)
Malaysia: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/319024/gross-domestic-product-gdp-in-malaysia/