Latest reading: Industrial production rose 0.4% on a working day and seasonally adjusted month-on-month basis in October, following 1.2% growth...
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
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -4.1 | 7.4 | 6.9 | 0.7 | 3.7 |
Industrial production accelerates in October
Latest reading: Industrial production rose 6.0% on a year-on-year basis in October, following a 5.7% rise in the previous month. October's reading was the strongest since September 2022. Relative to the previous month's data, the reading for manufacturing improved in October (+6.5% in annual terms vs +5.0% in September). In contrast, readings worsened for mining and quarrying (+5.8% vs +10.2% in September) and electricity and gas (+1.2% vs +2.8% in September). In seasonally adjusted month-on-month terms, industrial production was up 0.6% in October, following a 0.9% drop in the prior month.
Consensus Forecasts and Projections for the next ten years
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 10 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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Romania: Industrial production loses momentum in October -
Belgium: Industrial production falls at a faster pace in October Latest reading: Industrial production fell 3.4% on a seasonally adjusted month-on-month basis in October, following a 0.4% decrease in the... -
Japan: Industrial production slows in October Latest reading: Industrial production increased 1.5% in seasonally adjusted month-on-month terms in October, following 2.6% growth in the previous month.... -
Hungary: Industrial production shrinks more quickly in October Latest reading: Industrial production fell 2.7% on a year-on-year basis in October, following a 1.2% decline in the prior month.... -
Malaysia: Industrial production accelerates in October Latest reading: Industrial production rose 6.0% on a year-on-year basis in October, following a 5.7% rise in the previous month.... -
Bulgaria: Industrial production shrinks more quickly in October Latest reading: Industrial production fell 7.6% on a year-on-year basis in October, following a 4.1% drop in the prior month.... -
Cyprus: Industrial production decelerates in October Latest reading: Industrial production was up 3.3% on a calendar-adjusted year-on-year basis in October, following 4.2% growth in the prior...