Industrial Production in Malaysia
The Malaysian economy recorded an average industrial production growth rate of 3.3% in the decade to 2024. In 2024, industrial production growth was 3.7%. For more industry information, visit our dedicated page.
Malaysia Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Malaysia from 2014 to 2025.
Source: Macrobond.
Malaysia Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 7.4 | 6.9 | 0.7 | 3.7 | 3.7 |
Industrial production accelerates in January
Latest reading: Industrial production was up 5.9% on a year-on-year basis in January, following 4.8% growth in the prior month. January's reading was the strongest since July 2024. Relative to the previous month's data, readings in January improved for manufacturing (+7.3% in annual terms vs +6.7% in December), mining and quarrying (+0.1% vs -2.5% in December) and electricity and gas (+6.3% vs +3.8% in December). On a seasonally adjusted month-on-month basis, industrial production rose 0.9% in January, stable from the prior month's reading.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Malaysian industry projections for the next ten years from a panel of 11 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 industry forecast available for Malaysian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Malaysian industry projections.
Want to get access to the full dataset of Malaysian industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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