Domestic Demand in Malaysia
The economy of Malaysia recorded an average growth rate of 4.6% in the decade to 2022. In 2022, the domestic demand growth was 9.3%.
Malaysia Demand Chart
Note: This chart displays Domestic Demand (ann. var. %) for Malaysia from 2022 to 2019.
Source: Macrobond.
Malaysia Demand Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Domestic Demand (ann. var. %) | -4.8 | 3.8 | 9.7 | 5.0 | 4.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Malaysian demand projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable demand forecast available for Malaysian demand.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Malaysian demand projections.
Want to get access to the full dataset of Malaysian demand forecasts? Send an email to info@focus-economics.com.