Malaysia 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$411.10 billion
↑ 2.85% vs 2023GDP per Capita
$11,703.55
↑ 2.85% vs 2023GDP Growth (Annual %)
2.85%
↓ 0.70pp vs 2023Inflation Rate (CPI %)
1.83%
↓ 0.65pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $399.71 billion | $411.10 billion | +2.85% |
| GDP per Capita | $11,379.09 | $11,703.55 | +2.85% |
| GDP Growth (Annual %) | 3.56% | 2.85% | -0.70pp |
| Inflation (CPI %) | 2.49% | 1.83% | -0.65pp |
| Unemployment Rate (%) | 3.87% | 3.83% | -0.04pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $411.10 billion
- GDP per Capita
- $11,703.55
- GDP Growth (Annual %)
- 2.85%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 1.83%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 3.83%
- Interest Rate (Real %)
- N/A
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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Malaysia's Gross Domestic Product (GDP) is $411.10 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Malaysia for 2024 is $11,703.55. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Malaysia for 2024 is 1.83%. This measures the annual percentage change in the cost of consumer goods and services.
Malaysia's annual GDP growth rate for 2024 is 2.85%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Malaysia for 2024 is 3.83%. This represents the percentage of the labor force that is unemployed and actively seeking employment.