Malaysia: Malaysia Economic Performance 2020

Transcription

1. EMBARGO : Only to be published or disseminated at 1200 hours, Tuesday, 11 May 2021 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE MALAYSIA ECONOMIC PERFORMANCE 2020
2. In 2020 , Malaysia’s economy contracted by 5.6 per cent from a growth of 4.4 per cent in the preceding year due to the restrictions on economic activity resulting from the containment measures in response to COVID-19 pandemic. The last seen declined of Malaysia’s economic was in 2009 (-1.5%), and the economy downturn of 5.6 per cent (2020) was the lowest after 1998 (-7.4%). All the five main economic sectors registered a contraction parallel with a highly challenging domestic operating environment and lower global demand. In 2020, Malaysia’s GDP in current prices stood at RM1.42 trillion, while in constant 2015 prices, it has amounted to RM1.34 trillion. Following the weakened domestic economic activities and the external sector, Gross National Income per capita has deteriorated to RM42,503 from RM45,311 recorded in 2019. The full publication of Gross Domestic Product 2015-2020 can be downloaded through eStatistik portal. Released By: DATO' SRI DR. MOHD UZIR MAHIDIN CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS, MALAYSIA DrUzir_Mahidin Dr_Uzir 11 May 2021 Contact person: Mohd Yusrizal Ab Razak Public Relation Officer Strategic Communication and International Division Department of Statistics, Malaysia Tel : +603-8885 7942 Fax : +603-8888 9248 Email : yusrizal.razak[at]dosm.gov.my