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The economy of Malaysia is the fifth largest in Southeast Asia and the 36th largest in the world in terms of nominal GDP. When measured by purchasing power parity, its GDP climbs to the 30th largest. Malaysia is forecasted to have a nominal GDP nearly half a trillion US$ by the end of 2024. [22]
- Economic history of Malaysia
From 1988 to 1997, the Malaysian economy experienced a...
- Malaysia
The head of government is the prime minister . After...
- List of Malaysian states by GDP
The following table is a list of the GDP per capita of...
- Ministry of Economy (Malaysia)
The Ministry of Economy (Malay: Kementerian Ekonomi) is a...
- Economic history of Malaysia
From 1988 to 1997, the Malaysian economy experienced a period of broad diversification and sustained rapid growth averaging 9% annually. By 1999, nominal per capita GDP had reached $3,238. New foreign and domestic investment played a significant role in the transformation of Malaysia's economy.
The head of government is the prime minister . After independence, the gross domestic product (GDP) grew at an average rate of 6.5% per year for almost 50 years. The country's economy has traditionally been driven by its natural resources but is expanding into commerce, tourism, and medical tourism.
The following table is a list of the GDP per capita of Malaysian states released by the Department of Statistics Malaysia. Data for 2022 estimates (US$ at 2022 average market exchange rate, [11] international $ (I$) using 2022 PPP conversion factor from World Bank [12] ) State or Federal Territory. 2022 GDP.
The Ministry of Economy (Malay: Kementerian Ekonomi) is a ministry under the Malaysian government. The ministry was formed on 21 May 2018, as part of economic reforms by Prime Minister Mahathir Mohamad. The Ministry was reinstated and renamed to the Ministry of Economy in the Anwar Ibrahim cabinet.
Jun 20, 2024 · Malaysia’s economy has been transformed since 1970 from one based primarily on the export of raw materials (rubber and tin) to one that is among the strongest, most diversified, and fastest-growing in Southeast Asia.
The Malaysian Economy in Figures 2022. Prepared by the Economic Planning Unit, Prime Minister’s Department. Phone : 03-8000 8000 Website : www.epu.gov.my. Background on Malaysia. Malaysia covers an area of 330,241 square kilometers and lies entirely in the equatorial zone, with the average daily temperature throughout Malaysia is 26.7 C.
