Household final consumption expenditure rose 5.21% to USD 215,983 bil in Malaysia in 2021, according to the National Statistical Office.
Historically, household final consumption expenditure in Malaysia reached an all time high of USD 218,271 bil in 2019 and an all time low of USD 1,187 bil in 1960. When compared to Malaysia's main peers, household final consumption expenditure in Cambodia amounted to USD 17,572 bil, USD 122,950 bil in Singapore, USD 263,396 bil in Thailand and USD 202,965 bil in Vietnam in 2021.
Malaysia has been ranked 36th within the group of 150 countries we follow in terms of household final consumption expenditure, 7 places above the position seen 10 years ago.
Household Final Consumption Expenditure (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Cambodia | USD bil | 13,863 | 15,237 | 16,276 | 17,368 | 18,819 | ||||||||||||||||
China | USD bil | 4,178,281 | 4,344,468 | 4,744,770 | 5,352,545 | 5,604,599 | ||||||||||||||||
Indonesia | USD bil | 494,561 | 538,875 | 581,701 | 593,885 | 648,300 | ||||||||||||||||
Laos | USD bil | 10,276 | 10,454 | 10,989 | ... | ... | ... | ... | ||||||||||||||
Malaysia | USD bil | 162,617 | 165,051 | 176,762 | 206,039 | 218,271 | ||||||||||||||||
Myanmar | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 29,557 | 33,288 | 34,275 | 37,479 | 35,796 | |||||||
Philippines | USD bil | 222,090 | 231,175 | 237,103 | 251,609 | 275,859 | ||||||||||||||||
Singapore | USD bil | 114,448 | 116,248 | 120,844 | 129,818 | 133,419 | ||||||||||||||||
Thailand | USD bil | 206,044 | 206,722 | 223,299 | 247,745 | 270,761 | ||||||||||||||||
Vietnam | USD bil | 141,958 | 151,010 | 163,179 | 176,999 | 190,013 |