What is the gross domestic product of Malaysia 2020?

Malaysia GDP The Gross Domestic Product (GDP) in Malaysia was worth 336.66 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Malaysia represents 0.30 percent of the world economy. source: World Bank 10Y

How did Malaysia’s economy perform in Q4 2020?

The performance of the fourth quarter of 2020 in terms of Malaysia’s monthly GDP performance, the Malaysian economy recorded a contraction of 4.7 per cent in October, declining slower in November (-4.0%) and December (-1.7%).

How much is the GDP of Malaysia worth?

Malaysia GDP The Gross Domestic Product (GDP) in Malaysia was worth 354.35 billion US dollars in 2018. The GDP value of Malaysia represents 0.57 percent of the world economy. GDP in Malaysia averaged 91.79 USD Billion from 1960 until 2018, reaching an all time high of 354.35 USD Billion in 2018 and a record low of 1.90 USD Billion in 1961.

How much did SMEs contribute to Malaysia’s GDP in 2020?

The contribution of SMEs GDP eased to 38.2 per cent in 2020 with a value added of RM512.8 billion as against 38.9 per cent (value added: RM553.5 billion) in the preceding year. Malaysia’s economy in current prices recorded a decrease of 6.4 per cent (2019: 4.5%) which has resulted all income components declined in 2020.

What was the total household income in Malaysia in 2015?

Total household income for year 2015 recorded a value of RM694.1 billion, which dominated by compensation of employees & unincorporated business profits with a share of 72.2 per cent. This is followed by distributed profits 13.3 per cent and social benefits & periodical payments 9.0 per cent.

How did Malaysia’s economy perform in 2019?

Malaysia’s economy expanded by 4.3 per cent in 2019 as compared to 4.8 per cent in the preceeding year. The wealth of Malaysia’s economy in terms of fixed assets increased to RM3.2 trillion.