Nominal GDP for Malaysia was $422.5bn in 2024, up from $400.2bn in 2023. The Malaysia population was estimated at 35.6m in 2024 according to the IMF, while China is Malaysia’s biggest trading partner.
Variables Surveyed for Malaysia
Variables covered in our monthly analysis of Malaysia include:
- Gross Domestic Product
- Private Consumption
- Gross Fixed Investment
- Manufacturing Production
- Consumer Prices
- Money Supply
- Merchandise Exports
- Merchandise Imports
- Trade Balance
- Current Account Balance
- Interest Rates
- Ringgit Currency Forecasts
Consensus Forecasts for Malaysia
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. in the PDF publication, we also show selected “comparison forecasters” including the Asian Development Bank and IMF. The example below is an illustrative historical survey snapshot from September 2022, showing how individual forecasts and the consensus are presented.
Source: Asia Pacific Consensus Forecasts, September 2022
Special Surveys
In addition to the regular surveys for the variables listed above we also undertake a number of Special Surveys for Malaysia on topics such as:- Quarterly Forecasts
- Long-Term 5 and 10 Year Forecasts
- Economic Policy Evaluation
- Real Interest Rates and Foreign Direct Investment
- Forecast Probabilities
- Forecasts of Trade and Current Account Balances
Main Data Sources for Malaysia
- Department of Statistics Malaysia: The Department of Statistics, Malaysia was established in 1949 under the Statistics Ordinance 1949. It's role is the premier agency in the field of statistics towards establishing a quality, user-oriented and timely information system for the formulation of policies for national development planning and administration.
- Bank Negara Malaysia: Bank Negara Malaysia, as the central bank for Malaysia, is mandated to promote monetary stability and financial stability conducive to the sustainable growth of the Malaysian economy.
Comprehensive Forecasts Coverage
Consensus Economics has collected forecasts for more than 30 years, building up a comprehensive catalogue of historical forecasts data. Please enquire at editors@consensuseconomics.com should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.Explore forecasts across Asia Pacific
Alongside this country forecast, explore the other economies covered by our Asia Pacific forecast publication.