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The economy of Malaysia is an emerging and developing, upper-middle income, highly industrialised, mixed economy.It ranks the 36th largest in the world in terms of nominal GDP, however, when measured by purchasing power parity, its GDP climbs to the 30th largest.
The following table is the list of the GDP of Malaysian states released by the Department of Statistics Malaysia. [7] [8]Data for 2023 estimates (US$ 1 = MYR 4.56 at 2023 average market exchange rate, [9] international $ (I$) using 2023 PPP conversion factor from World Bank (I$ 1 = MYR1.43) [10])
This is a list of Malaysian states, federal territories and municipalities sorted by their export value. As of 30 October 2021, 1 Malaysian ringgit (symbol: RM, currency code: MYR) is equivalent to 0.24 US dollar [1] or 0.21 Euros. [2]
One of the most significant events in the history of the Malaysian economy was the Asian financial crisis, which caused Malaysia's GDP to shrink from US$100.8 billion in 1996 to US$72.2 billion in 1998. The Malaysian economy's GDP did not recover to 1996 levels until 2003. [17] The year 1997 saw drastic changes in Malaysia.
Download as PDF; Printable version; In other projects Wikimedia Commons; Wikidata item; ... Economy of Malaysia-related lists (1 C, 4 P) B. Malaysian billionaires (22 P)
Manufacturing has a large influence in the country's economy, [221] although Malaysia's economic structure has been moving away from it. [222] Malaysia remains one of the world's largest producers of palm oil. [223] Tourism is the third-largest contributor to Malaysia's GDP, after the manufacturing and commodities sectors. [224]
The goal of the NEM, according to Najib, is to "transform the Malaysian economy to become one with high incomes and quality growth" by 2020. [ 1 ] [ 2 ] At the time of the plan's unveiling in 2010, per capita annual income in Malaysia stood at 23,100 Malaysian ringgit , approximately $7,000 in US currency ; under the plan that figure would more ...
This is a list of Malaysian states and federal territories by Human Development Index (HDI) as of 2023. [1]This article uses the Malaysia Human Development Index (MHDI), which is an index developed by the Department of Statistics Malaysia (DOSM) to evaluate the level of human development which is the main criteria in measuring the progress of a country aside from economic aspects.