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Household Final Consumption Expenditure (USD) rose 5.21% to USD 215,983 bil in Malaysia in 2021

Household Final Consumption Expenditure (USD) (USD bil), 2021
Economy | Malaysia | February 1, 2023
$2.99
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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