Country Economic Work for Malaysia - Islamic Development Bank

Annex Table 1.1 Malaysia: Socio-Economic Indicators
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Economic Development
GDP at Purchasers Price($ billion) /1/ 93.8 92.8 100.8 110.2 124.7 137.5 155.3 188.8 225 194.3 232.1 236.6
Per Capita Income($ current price) ) /2 3,450 3,540 3,780 4,163 4,626 5,038 5,701 6,724 7,837 6,767 8,126 9,575
Real GDP Growth (%) /2 8.9 0.5 5.4 5.8 6.8 5.3 5.8 6.5 4.8 -1.6 7.2 5.1
Agriculture -0.6 2.8 5.6 5.0 2.6 5.4 2.2 4.3 0.6 2.1 4.5
Manufacturing -5.9 4.3 8.4 9.8 5.2 7.1 3.1 1.2 -9.3 11.4 6.7
Services 6.0 6.5 4.5 6.8 7.2 7.3 9.7 7.6 3.1 6.8 5.3
Fiscal Deficit, Federal (% of GDP) /2 -5.5 -5.5 -5.6 -5.3 -4.1 -3.6 -3.3 -3.2 -4.8 -7.0 -5.6 -5.0
Gross Domestic Savings (% of GDP) 1/ 46.1 41.8 42.0 42.5 43.4 42.8 43.1 42.1 42.5 36.0 39.2
Gross Capital Formation (% of GDP) /1 26.9 24.4 24.8 22.8 23.0 20.0 20.5 21.6 19.3 14.4 21.4
Private 13.4 11.5 8.1 8.1 10.7 10.3 10.8 11.9 10.5 9.5 10.3
Public 11.9 13.6 15.4 14.3 10.3 10.2 9.9 9.6 9.1 10.7 10.0
Foreign Direct Investment (% of GDP) /3 4.4 0.6 3.2 2.2 3.7 2.9 3.9 4.6 3.2 0.7 3.8
Inflation Rate (%) /2 1.6 1.4 1.8 1.2 1.4 3.0 3.6 2.0 5.4 0.6 1.7 3.2
Current Account Surplus (% of GDP) /4 9.0 7.9 8.0 12.0 12.1 15.0 16.4 15.9 17.7 16.5 11.5 11.5
Merchandise Trade Surplus (% of GDP) /5 17.3 15.3 14.2 19.4 17.2 19.8 19.3 15.9 19.3 17.3 14.4 13.4
Total Debt, Federal (% of GDP) ) /2 35.2 41.3 43.0 45.1 45.7 43.8 42.2 41.5 41.3 53.3 53.1
Domestic 30.0 34.4 33.6 36.2 38.4 38.0 37.8 38.5 38.5 51.3 51.0
Foreign 5.3 6.9 9.5 8.9 7.3 5.7 4.4 3.1 2.7 2.0 2.2
Total Foreign Reserves ($ billion)l 6 28.7 29.9 33.8 44.2 66.3 70.2 82.3 101.6 91.7 96.8 106.6 133.6
(months of retained imports) 5.1 5.4 6.6 8 7.7 7.8 8.4 7.6 9.7 8.6 9.6
Exchange rate (average, RM/US$) /6 3.8 3.8 3.8 3.8 3.8 3.8 3.7 3.4 3.3 3.5 3.2 3.1
Social Development
Unemployment rate 2/ 3.0 3.5 3.5 3.6 3.5 3.5 3.3 3.2 3.3 3.7 3.4 3.1
Population (million) /2 23.5 24 24.7 25.3 25.9 26.5 26.8 27.2 27.5 27.9 28.3 28.6
Incidence of poverty 2/
1/
Overall 6.0 5.7 3.6 3.8
Rural 13.5 11.9 7.1 8.4
Urban 2.3 2.5 2.0 1.7
World Bank, World Development Indicators
2/ Economic Planning Unit (2011), The Malaysian Economy in Figures (various issues)
3/UNCTAD, UNCTADstat
4/ IMF Economic Outlook (April 2012)
5/ Department of Statistics, Government of Malaysia (website) (calculated as merchandise trade balance (exports – imports) as share of GDP at
purchaser’s price)
6/ Bank Negara Malaysia
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