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Here is a brief overview of gross domestic product of Malaysia
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GDP of Malaysia

The Gross Domestic Product (GDP) is a basic measure of a country's economic performance. It is the market value of all final goods and services made within the borders of a nation in a year. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period—that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits).
The most common approach to measuring and quantifying GDP is the expenditure method:
 
GDP = private consumption + gross investment + government spending + (exports − imports), or,
GDP = C + I + G + (X − M).
 
The GDP in Malaysia from 2005 to 2009 is as follows:
 

 
2005
2006
2007
2008
2009
Gross Domestic Product   (in 2000 constant prices) Ringgit Malaysia in Million                     
449,250
475,192
505,353          
528,804       
528,860
Agriculture, forestry & fishing           
35,835                  
37,769              
38,593             
40,073          
39,260
Mining
42,472                  
41,315            
42,663              
42,337        
42,176
Manufacturing
137,940                 
147,672            
152,262            
154,195       
141,934
Construction
14,685                  
14,604               
15,279             
15,604            
16,071
Services
230,043              
246,895               
270,762         
290,588         
303,695


Last Updated on: 18-11-2009


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