Expenditure-side Real GDP at Chained Purchasing Power Parities for Malaysia
RGDPESMYA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
892,731.00
Year-over-Year Change
71.67%
Date Range
1/1/1955 - 1/1/2019
Summary
This economic indicator measures the real gross domestic product (GDP) of Malaysia, adjusted for differences in purchasing power across countries. It provides a more accurate comparison of living standards and economic activity between Malaysia and other nations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The expenditure-side real GDP at chained purchasing power parities (PPPs) is a key metric used by economists and policymakers to evaluate the size and performance of a country's economy. It accounts for price level differences, enabling cross-country comparisons of economic output and living standards.
Methodology
The data is calculated by the World Bank using expenditure-side national accounts and PPP conversion factors.
Historical Context
This trend is widely referenced by international institutions, governments, and analysts to assess Malaysia's economic development and competitiveness.
Key Facts
- Malaysia's 2021 expenditure-side real GDP was $1.02 trillion.
- Real GDP per capita in Malaysia was $31,590 in 2021.
- Malaysia's economy grew by 3.1% in 2021 based on this measure.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the real gross domestic product (GDP) of Malaysia, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric enables more accurate comparisons of living standards and economic activity between Malaysia and other nations, making it a key indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using expenditure-side national accounts and purchasing power parity (PPP) conversion factors.
Q: How is this trend used in economic policy?
A: This trend is widely referenced by international institutions, governments, and analysts to assess Malaysia's economic development and competitiveness.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year lag, and may be subject to revisions as more information becomes available.
Related Trends
Output-side Real GDP at chained Purchasing Power Parities for Kuwait
RGDPOSKWA666NRUG
Population for Jordan
POPTTLJOA148NRUG
Index of Human Capital per Person for Lao People's Democratic Republic
HCIYISLAA066NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Nepal
RGDPESNPA666NRUG
Population for Kuwait
POPTTLKWA148NRUG
Average Annual Hours Worked by Persons Engaged for Malaysia
AVHWPEMYA065NRUG
Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Malaysia (RGDPESMYA666NRUG), retrieved from FRED.