Source: world bank Nominal/PPP
Summary:
Malaysia GDP Per Capita expanded from 1960 to 2024, increasing from $240.85 to $11,874.43 .The compound annual growth rate (CAGR) averaged 6.28% 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 31.9%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.
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 (1971–1974) indicating robust economic expansion
- High Growth (1976–1980) indicating robust economic expansion
- High Growth (1983–1984) indicating robust economic expansion
- Crisis (1985–1986) indicating severe economic downturn
- 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 (2010–2011) indicating robust economic expansion
- Expansion (2012–2014) indicating steady moderate growth
- High Growth (2021–2022) indicating robust economic expansion
- Expansion (2024–2024) indicating steady moderate growth
The most remarkable growth occurred in 1973 with an increase of 48.345%, while the largest decline was in 1998 at -29.587%.