Malaysia GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$11,874.43

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.

Latest GDP Per Capita of Malaysia 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 11,874.43 dollars$ 38,779.28 Int dollars
Growth (YoY)4.289%6.341%
Net Change vs Previous Year$ 488.39 dollars$ 2,312.39 Int dollars
% of World GDP Per Capita10.70%19.42%
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
1960240.85-----
1961232.94-7.9-3.282 %---
1962238.845.892.53 %---
1963291.852.9622.176 %---
1964302.9311.133.816 %---
1965326.4423.57.758 %---
1966338.5712.133.717 %---
1967335.43-3.14-0.929 %---
1968342.447.022.093 %---
1969368.3925.947.575 %---
1970379.6311.243.051 %---
1971407.227.577.262 %---
1972472.3665.1716.004 %---
1973700.73228.3748.345 %---
1974847.81147.0820.989 %---
1975810.57-37.24-4.392 %---
1976940.44129.8716.022 %---
19771091.71151.2716.085 %---
19781326.89235.1821.542 %---
19791679.88352.9926.603 %---
19801886.12206.2512.277 %---
19811866.1-20.02-1.061 %---
19821937.7571.653.839 %---
19832124.29186.549.627 %---
19842299.81175.528.262 %---
19852045.57-254.23-11.055 %---
19861759.73-285.84-13.974 %---
19871977.13217.412.354 %---
19882099.95122.836.212 %---
19892243.6143.656.841 %---
19902468.69225.0910.032 %6886.63--
19912679.2210.518.527 %7582.57695.9410.106 %
19923141.43462.2317.253 %8223.8641.238.457 %
19933462320.5610.204 %9018.06794.269.658 %
19943757.65295.668.54 %9806.47788.418.743 %
19954363.14605.4916.114 %10720.25913.789.318 %
19964837.17474.0210.864 %11709.27989.019.226 %
19974678.56-158.61-3.279 %12469.36760.096.491 %
19983294.31-1384.25-29.587 %11398.1-1071.26-8.591 %
19993527.82233.517.088 %11979.68581.585.102 %
20004083.53555.7115.752 %13027.271047.598.745 %
20013943.8-139.73-3.422 %13071.5844.310.34 %
20024184.03240.236.091 %13656.05584.464.471 %
20034465.32281.296.723 %14387.25731.25.354 %
20044939.25473.9310.613 %15415.811028.567.149 %
20055555.58616.3312.478 %16371.43955.626.199 %
20066158.41602.8310.851 %17426.361054.946.444 %
20077168.931010.5216.409 %18616.811190.456.831 %
20088371.821202.8916.779 %19479.88863.074.636 %
20097191.43-1180.39-14.1 %18922.65-557.23-2.861 %
20108899.351707.9123.749 %20193.411270.766.716 %
201110217.111317.7614.807 %21324.361130.955.601 %
201210600.57383.473.753 %22638.541314.186.163 %
201310713.64113.071.067 %23160.89522.352.307 %
201411013.31299.672.797 %24306.521145.634.946 %
20159648.68-1364.63-12.391 %24526.39219.870.905 %
20169476.53-172.15-1.784 %25285.82759.433.096 %
20179862.55386.014.073 %26415.61129.774.468 %
201810901.81039.2510.537 %27793.571377.975.217 %
201910920.1918.390.169 %28933.931140.364.103 %
20209957.53-962.67-8.815 %27474.74-1459.19-5.043 %
202110903.1945.589.496 %29822.852348.118.546 %
202211754.57851.467.809 %34419.874597.0215.414 %
202311386.04-368.53-3.135 %36466.892047.025.947 %
202411874.43488.394.289 %38779.282312.396.341 %

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%.