Malaysia GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$422.23

Source: world bank Nominal/PPP
Summary:

Malaysia GDP Per Capita expanded from 1960 to 2024, increasing from $1.92 to $422.23 .The compound annual growth rate (CAGR) averaged 8.79% over the period. The economy recorded its peak level in 2024 and its lowest level in 1961. Growth volatility remained high. The maximum drawdown reached 28.45%, indicating the largest cyclical decline from peak levels. The country experienced 9 recession episode(s) during the observed period.

Latest GDP Per Capita of Malaysia 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 422.23 dollars$ 1,378.90 Int dollars
Growth (YoY)5.57%7.647%
Net Change vs Previous Year$ 22.28 dollars$ 97.95 Int dollars
% of World GDP Per Capita0.38%0.69%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Malaysia GDP | Malaysia GDP Growth

Malaysia Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19601.92-----
19611.9-0.01-0.75 %---
196220.15.239 %---
19632.510.5125.412 %---
19642.670.166.546 %---
19652.960.2810.541 %---
19663.140.196.331 %---
19673.190.051.444 %---
19683.330.144.436 %---
19693.660.3310.034 %---
19703.860.25.447 %---
19714.240.389.84 %---
19725.040.818.824 %---
19737.662.6251.941 %---
19749.51.8323.924 %---
19759.3-0.2-2.079 %---
197611.051.7518.835 %---
197713.142.0918.907 %---
197816.363.2224.496 %---
197921.214.8629.681 %---
198024.493.2715.438 %---
1981250.522.107 %---
198226.81.87.2 %---
198330.353.5413.218 %---
198433.943.611.848 %---
198531.2-2.74-8.082 %---
198627.73-3.47-11.108 %---
198732.184.4516.035 %---
198835.273.099.605 %---
198938.853.5810.138 %---
199044.025.1813.325 %122.81--
199149.145.1211.627 %139.0816.2713.25 %
199259.1710.0220.398 %154.8915.8111.367 %
199366.897.7313.06 %174.2519.3612.5 %
199474.487.5811.336 %194.3720.1211.544 %
199588.7114.2319.102 %217.9523.5812.132 %
1996100.8612.1513.697 %244.1426.1912.017 %
1997100.01-0.85-0.843 %266.5422.49.173 %
199872.17-27.84-27.836 %249.7-16.84-6.318 %
199979.156.989.673 %268.7719.087.639 %
200093.7914.6418.499 %299.2130.4411.325 %
200192.78-1.01-1.072 %307.538.322.781 %
2002100.858.068.689 %329.1521.627.029 %
2003110.29.369.278 %355.0725.937.877 %
2004124.7514.5513.2 %389.3534.289.655 %
2005143.5318.7915.058 %422.9733.628.635 %
2006162.6919.1613.347 %460.3737.48.841 %
2007193.5530.8618.967 %502.6242.269.179 %
2008230.8137.2619.252 %537.0634.446.851 %
2009202.26-28.56-12.372 %532.2-4.87-0.906 %
2010255.0252.7626.086 %578.6646.468.73 %
2011297.9542.9316.836 %621.8643.27.466 %
2012314.4416.495.535 %671.5249.667.986 %
2013323.288.832.809 %698.8627.344.071 %
2014338.0714.794.575 %746.1247.256.761 %
2015301.36-36.71-10.859 %766.0319.912.669 %
2016301.26-0.1-0.033 %803.8337.84.935 %
2017319.1117.855.926 %854.6950.876.328 %
2018358.7939.6812.435 %914.7160.027.022 %
2019365.186.391.781 %967.5752.865.778 %
2020337.46-27.72-7.591 %931.11-36.46-3.768 %
2021373.7936.3310.766 %1022.491.299.805 %
2022407.8334.059.108 %1194.21171.8116.805 %
2023399.95-7.88-1.933 %1280.9586.747.263 %
2024422.2322.285.57 %1378.997.957.647 %

Malaysia Economic Phases (1960 - 2024)

From 1960 to 2024, Malaysia economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1962–1966) indicating robust economic expansion
  • Expansion (1967–1968) indicating steady moderate growth
  • High Growth (1969–1974) indicating robust economic expansion
  • High Growth (1976–1980) indicating robust economic expansion
  • High Growth (1982–1984) indicating robust economic expansion
  • High Growth (1987–1996) indicating robust economic expansion
  • High Growth (1999–2000) indicating robust economic expansion
  • High Growth (2002–2008) indicating robust economic expansion
  • High Growth (2010–2012) indicating robust economic expansion
  • Expansion (2013–2014) indicating steady moderate growth
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2021–2022) indicating robust economic expansion
  • High Growth (2024–2024) indicating robust economic expansion

The most remarkable growth occurred in 1973 with an increase of 51.941%, while the largest decline was in 1998 at -27.836%.