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Key Economic Indicators

 

2016 p 2017f
Population 31.7 Million 32.4 Million
GDP

RM1,108.2 billion

RM1,158.5 billion

GDP Growth 4.2% 4.3 - 4.8%
Per Capita Income RM37,758

(USD9,102)

RM39,656

(USD8,906)

Inflation Rate (CPI) 2.1% 4.3%
Labour Force

14.7 million persons

14.9 million persons

Unemployment 3.4% 3.5%
Total Export (f.o.b)

RM785.93 billion*

RM806.53 billion

Total Import (c.i.f)

RM698.66 billion*

RM718.21 billion
Major Exports Products *
(Jan - Dec 2015)

  • Electrical and Electronic Products
  • Chemicals & Chemical Products
  • Petroleum Products
  • Liquified Natural Gas (LNG)
  • Palm Oil & Palm-based Agricultural Products
  • Machinery, Equipment & Parts
  • Manufactures of Metal
  • Optical & Scientific Equipment
  • Crude Petroleum
  • Rubber Products
Major Export Markets *
(Jan - Dec 2015)
  • Singapore
  • People's Republic of China
  • Japan
  • USA
  • Thailand
  • Hong Kong SAR
  • India
  • Indonesia
  • Australia
  • Vietnam

p: preliminary f: forecast

Exchange Rate: based on average USD exchange rate for the month of July 2017 (US$1 = RM4.28)


Sources:

1. Ministry of Finance - Economic Report 2016/2017

2.* Matrade Press Release: Malaysia's Trade Performance for the year 2016

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Last Updated : Friday 15th December 2017