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MEDIA STATEMENT
MALAYSIA ECONOMIC PERFORMANCE IN THE SECOND QUARTER OF 2020
*GDP contracted 17.1 per cent* in the second quarter of 2020
PUTRAJAYA, 14 August 2020 – The Department of Statistics, Malaysia released the Gross Domestic Product (GDP) for the second quarter of 2020 (Q2 2020), which presents the overall performance of Malaysia’s economy.
Malaysia’s GDP contracted 17.1 per cent from a marginal growth of 0.7 per cent in the first quarter of 2020. The performance for this quarter was the