Malaysia - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Malaysia was 508,923,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 566,925,000,000 in 2019 and a minimum value of 1,449,580,000 in 1960.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,449,580,000
1961 1,577,744,000
1962 1,886,001,000
1963 2,073,828,000
1964 2,408,601,000
1965 2,681,502,000
1966 2,852,756,000
1967 2,861,595,000
1968 2,845,022,000
1969 3,275,919,000
1970 3,586,385,000
1971 3,945,466,000
1972 4,504,526,000
1973 5,851,354,000
1974 8,195,873,000
1975 8,068,814,000
1976 10,470,790,000
1977 12,414,240,000
1978 14,587,510,000
1979 18,490,990,000
1980 22,278,460,000
1981 23,654,010,000
1982 24,142,360,000
1983 27,439,270,000
1984 31,210,170,000
1985 30,394,780,000
1986 28,088,930,000
1987 31,240,000,000
1988 35,430,000,000
1989 41,887,000,000
1990 50,250,000,000
1991 56,896,000,000
1992 62,000,000,000
1993 69,023,000,000
1994 78,265,000,000
1995 92,108,000,000
1996 110,445,000,000
1997 125,606,000,000
1998 124,275,000,000
1999 139,732,000,000
2000 172,215,000,000
2001 162,901,000,000
2002 172,888,000,000
2003 195,057,000,000
2004 230,057,000,000
2005 252,048,000,000
2006 277,598,000,000
2007 296,715,000,000
2008 347,286,000,000
2009 292,042,000,000
2010 332,672,000,000
2011 363,091,000,000
2012 389,812,000,000
2013 406,278,000,000
2014 441,741,000,000
2015 452,530,000,000
2016 470,928,000,000
2017 523,051,000,000
2018 554,368,000,000
2019 566,925,000,000
2020 508,923,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts