In the fourth quarter of 2015, Malaysia’s economy expanded at 4.5 per cent as compared to 4.7 per cent in the third quarter of 2015. On a quarter-on-quarter seasonally adjusted, the economy increased 1.5 per cent.
For year 2015, Malaysia’s economy grew 5.0 per cent (2014: 6.0%) with a value added stood at RM1,062.6 billion at constant prices and RM1,156.9 billion at current prices.
| PERCENTAGE CHANGE FROM CORRESPONDING QUARTER OF PRECEDING YEAR | ||||||||
| 2014 | 2015 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | Q4 2015 | |
| GDP | 6.0 | 5.0 | 5.6 | 5.7 | 5.6 | 4.9 | 4.7 | 4.5 |
| PERCENTAGE CHANGE FROM PRECEDING QUARTER | ||||||||
| Seasonally Adjusted GDP | 0.8 | 1.8 | 1.2 | 1.1 | 0.7 | 1.5 | ||
Chart 1: GDP - Value Added and Annual Percentage Change
|
Chart 2: Services - Value Added and Annual Percentage Change
|
Services sector expanded at a faster pace of 5.0 per cent from 4.4 per cent in the preceding quarter. The performance of Services sector was underpinned by Wholesale & Retail Trade which advanced to 6.5 per cent. Information & Communication remained resilient by posting a growth of 9.2 per cent. Meanwhile, Transportation & Storage rose to 6.0 per cent following a better momentum in freight and passenger segments. |
|
|
Chart 3: Manufacturing - Value Added and Annual Percentage Change
|
Manufacturing sector increased further to 5.0 per cent (Q3 2015: 4.8%). As the key driver in Manufacturing, Electrical, Electronic & Optical products posted a sturdy growth at 10.5 per cent reflecting a higher momentum in consumer electronics and medical equipment products. Non-metallic Mineral products, Basic Metal & Fabricated Metal products rose to 4.7 per cent in line with an expansion in Construction sector. |
|
|
Chart 4: Construction - Value Added and Annual Percentage Change
|
Construction sector grew 7.4 per cent (Q3 2015: 9.9%). Civil Engineering posted an impressive growth of 20.4 per cent which was mainly geared by oil & gas and transportation related projects. Furthermore, Residential Buildings improved to 5.7 per cent from 5.2 per cent in the preceding quarter. |
Chart 5: Private Final Consumption Expenditure – Value and Annual Percentage Change
Private Final Consumption Expenditure increased 4.9 per cent (Q3 2015: 4.1%). The momentum was impelled by the better growth in consumption of transportation, food & beverages and communication.
|
Chart 6: GFCF – Value and Percentage Share at Constant 2010 prices
|
Gross Fixed Capital Formation (GFCF) eased to 2.8 per cent (Q3 2015: 4.2%). The moderation of GFCF was due to the decline in Machinery & Equipment (Q4 2015: -0.1%) and slower momentum in Structure at 5.1 per cent (Q3 2015: 7.0%). The momentum of GFCF was induced by Private sector which grew 5.0 per cent. Public sector slipped to a marginal growth of 0.4 per cent in this quarter. |
|
|
Chart 7: Exports & Imports - Annual Percentage Change
|
Exports augmented to 3.7 per cent (Q3 2015: 3.2%). Imports improved to 3.6 per cent in this quarter (Q3 2015: 3.2%). |
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
#myHariBulan# #myBulan# #myTahun#
Contact person:
Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho@stats.gov.my
An Error occurred while handling another error:
yii\web\HeadersAlreadySentException: Headers already sent in /var/www/html/dosm/frontend/controllers/SiteController.php on line 191. in /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php:368
Stack trace:
#0 /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php(341): yii\web\Response->sendHeaders()
#1 /var/www/html/dosm/vendor/yiisoft/yii2/web/ErrorHandler.php(136): yii\web\Response->send()
#2 /var/www/html/dosm/vendor/yiisoft/yii2/base/ErrorHandler.php(152): yii\web\ErrorHandler->renderException()
#3 [internal function]: yii\base\ErrorHandler->handleException()
#4 {main}
Previous exception:
yii\web\HeadersAlreadySentException: Headers already sent in /var/www/html/dosm/frontend/controllers/SiteController.php on line 191. in /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php:368
Stack trace:
#0 /var/www/html/dosm/vendor/yiisoft/yii2/web/Response.php(341): yii\web\Response->sendHeaders()
#1 /var/www/html/dosm/vendor/yiisoft/yii2/base/Application.php(390): yii\web\Response->send()
#2 /var/www/html/dosm/www/index.php(24): yii\base\Application->run()
#3 {main}