Malaysian Construction Industry Statistics

Summary in real terms the malaysian construction industry registered an average annual growth rate of 10 7 during the review.

Malaysian construction industry statistics. Gdp from construction in malaysia averaged 12129 98 myr million from 2010 until 2020 reaching an all time high of 17204 myr million in the third quarter of 2018 and a record low of 6464 myr million in the first quarter of 2010. According to the report the building construction industry in malaysia is expected to. Welcome to the fast link of the department of statistics malaysia official portal selamat datang ke pautan pintas portal rasmi jabatan perangkaan malaysia. Construction output in malaysia tumbled 44 9 percent year on year in the second quarter of 2020 after a 6 3 percent drop in the previous period.

Data highlights of the largest construction projects in malaysia. Malaysia s construction sector falls steeply 44 9 per cent in the second quarter of 2020. Mycensus 2020 portal portal banci 2020. In 2018 the average inflation rate in malaysia amounted to about 1 percent compared to the previous year.

Civil engineering decreased the most 55 2 percent vs 2 3 percent in q1. The construction industry needs a continuous supply of workers an estimated of one million every year the majority of them foreign workers for infrastructure and building projects in order for it to sustain growth of 8 to 10 this year new straits. This was the sharpest contraction in construction output on the record as the covid 19 outbreak led businesses including the construction sector to halt operations. This statistic shows the average inflation rate in malaysia from 2010 to 2024.

Gdp from construction in malaysia decreased to 8916 myr million in the second quarter of 2020 from 15350 myr million in the first quarter of 2020. With malaysia s recent clampdown on foreign workers it is of no surprise that the labour intensive construction sector is the hardest hit. Malaysia s 4q construction sector statistics for 2019 on a year on year basis the value of construction work done in the fourth quarter of 2019 recovered by 1 3 per cent accumulating up to rm37 0 billion. Statistics on construction industry in brazil.

Department of statistics official portal portal rasmi jabatan perangkaan malaysia.