Malaysia 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$399.71 billion
↓ 1.94% vs 2022GDP per Capita
$11,379.09
↓ 3.14% vs 2022GDP Growth (Annual %)
3.56%
↓ 5.31pp vs 2022Inflation Rate (CPI %)
2.49%
↓ 0.89pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $407.61 billion | $399.71 billion | -1.94% |
| GDP per Capita | $11,748.09 | $11,379.09 | -3.14% |
| GDP Growth (Annual %) | 8.86% | 3.56% | -5.31pp |
| Inflation (CPI %) | 3.38% | 2.49% | -0.89pp |
| Unemployment Rate (%) | 3.93% | 3.87% | -0.06pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $399.71 billion
- GDP per Capita
- $11,379.09
- GDP Growth (Annual %)
- 3.56%
- Gross National Income
- $388.10 billion
Prices & Employment
- Inflation (CPI %)
- 2.49%
- Inflation (GDP Deflator %)
- -1.87%
- Unemployment Rate (%)
- 3.87%
- Interest Rate (Real %)
- 7.33%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 1.57%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Malaysia's Gross Domestic Product (GDP) is $399.71 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Malaysia for 2023 is $11,379.09. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Malaysia for 2023 is 2.49%. This measures the annual percentage change in the cost of consumer goods and services.
Malaysia's annual GDP growth rate for 2023 is 3.56%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Malaysia for 2023 is 3.87%. This represents the percentage of the labor force that is unemployed and actively seeking employment.