Gross domestic product (GDP) is the total value of goods and services produced within that year, after deducting the cost of goods and services used in production, but before deducting the consumption of fixed capital. In Malaysia, GDP is estimated in compliance with the System of National Accounts (2008).

In general, GDP can be measured via 3 approaches, namely production, expenditure, and income. Because the measurement employs double entry accounting, the overall value must be the same across all 3 approaches. However, the different approaches allow GDP to be analysed in different ways. The GDP estimates in this dataset were produced using the expenditure method (C + I + G + X - M), which allows insight into who is buying the output of the Malaysian economy; households, businesses, government, or other countries. The values were measured at constant 2015 prices, i.e. with price effects removed relative to a base year (2015 = 100). Seasonal adjustment was conducted using X-12-ARIMA, augmented with the Seasonal Adjustment for Malaysia (SEAM) procedure to account for moving holiday effects specific to Malaysia's unique multicultural national calendar. For a full description of the methodology, please refer to the Technical Notes.

Values for 2022, 2023 and 2024 may be revised in future releases. Furthermore, the sum of GDP for all expenditure types may not always equal to the values for overall GDP because of independent rounding to one decimal place. However, the differences are not obvious.

Gross Domestic Product, 3Q 2024, the latest edition of the quarterly GDP statistics published by DOSM. OpenDOSM also features a dashboard on GDP which enables you to explore Malaysia's GDP data interactively.