Gross domestic product (GDP) is the total value of goods and services produced within that year, after deducting the cost of goods and services used in production, but before deducting the consumption of fixed capital. In Malaysia, GDP is estimated in compliance with the System of National Accounts (2008).

In general, GDP can be measured via 3 approaches, namely production, expenditure, and income. Because the measurement employs double entry accounting, the overall value must be the same across all 3 approaches. However, the different approaches allow GDP to be analysed in different ways. The GDP estimates in this dataset were produced using the production method (also known as the value added approach), which allows insight into the specific contribution of each economic sector. For that reason, the results of the production approach are often referenced in economic writing as supply-side GDP. The values were measured at constant 2015 prices, i.e. with price effects removed relative to a base year (2015 = 100). For a full description of the methodology, please refer to the Technical Notes.

There are several caveats to note:

• Values for W.P. Putrajaya are subsumed under values for W.P. Kuala Lumpur due to difficulty in separating the attribution of economic value.
• Values for 2022 and 2023 may be revised in future releases.
• The sum of GDP for all sectors may not always equal to the values for overall GDP because of independent rounding to one decimal place. However, the differences are not obvious.

Gross Domestic Product by State, 2023, the latest edition of the annual GDP statistics published by DOSM. OpenDOSM also features a dashboard on GDP which enables you to explore Malaysia's GDP data interactively.