Malaysia’s economy grew 4.7 per cent in the third quarter of 2015 (Q2 2015: 4.9%). The quarter-on-quarter seasonally adjusted Gross Domestic Product (GDP) increased 0.7 per cent from 1.1 per cent in the preceding quarter.
For the three quarters of 2015, GDP posted a growth of 5.1 per cent with a value of RM853.0 billion at current and RM784.9 billion at constant prices.
| PERCENTAGE CHANGE FROM CORRESPONDING QUARTER OF PRECEDING YEAR | |||||||
| Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | Q2 2015 | Q3 2015 | |
| GDP | 6.3 | 6.5 | 5.6 | 5.7 | 5.6 | 4.9 | 4.7 |
| PERCENTAGE CHANGE FROM PRECEDING QUARTER | |||||||
| Seasonally Adjusted GDP | 1.4 | 1.6 | 0.8 | 1.8 | 1.2 | 1.1 | 0.7 |
Chart 1: GDP - Value Added and Annual Percentage Change
|
Chart 2: Services - Value Added and Annual Percentage Change
|
Services sector grew 4.4 per cent as compared with 5.0 per cent in second quarter of 2015. Wholesale & Retail Trade continued to drive the Services sector by registering a growth of 5.7 per cent. The sturdy momentum in data communication activities has spurred Information & Communication sub-sector to increase 9.5 per cent. Meanwhile, Business Services augmented to 7.6 per cent boosted by the better performance in professional activities. |
|
|
Chart 3: Manufacturing - Value Added and Annual Percentage Change
|
Manufacturing sector rose to 4.8 per cent from 4.2 per cent in the preceding quarter. The better performance of Manufacturing sector was underpinned by Electrical, Electronic & Optical products (10.3%), particularly in manufacture of consumer electronics, printed circuit boards and computer peripheral equipment. Petroleum, Chemical, Rubber & Plastic products (share: 31.0%) continued to support Manufacturing sector by registering a growth of 2.4 per cent. |
|
|
Chart 4: Mining & Quarrying - Value Added and Annual Percentage Change
|
Mining and Quarrying sector which accounted for 8.3 per cent of Malaysia's economy, eased to 5.3 per cent (Q2 2015: 6.0%). The moderation was largely due to the lower production of crude oil despite a rebound in production of natural gas and condensate. |
Chart 5: Private Final Consumption Expenditure – Value and Annual Percentage Change
Private Final Consumption Expenditure posted a growth of 4.1 per cent (Q2 2015: 6.4%). The growth was underpinned by consumption on food & beverages, transportation and communication.
|
Chart 6: GFCF – Value and Percentage Share at Constant 2010 prices
|
Gross Fixed Capital Formation (GFCF) grew at a higher rate of 4.2 per cent from 0.5 per cent in second quarter of 2015. The growth of GFCF was stimulated by Structure (7.0%) which was in line with the performance of the Construction sector. Private sector (share: 67.4%) rose to 5.5 per cent and Public sector rebounded to 1.8 per cent (Q2 2015: -8.0%). |
|
|
Chart 7: Exports & Imports - Annual Percentage Change
|
Exports posted a growth of 3.2 per cent, reversing from 3.7 per cent decline in the second quarter of 2015. Imports turned around to 3.2 per cent from negative 2.8 per cent. |
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
#myHariBulan# #myBulan# #myTahun#
Contact person:
Norrita binti Amran
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : norrita.amran@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}