upper middle-income Southeast Asian economy; implementing key anticorruption policies; major electronics, oil, and chemicals exporter; trade sector employs over 40% of jobs; key economic equity initiative; high labor productivity
$884.106 billion (2021 est.)
$857.588 billion (2020 est.)
$907.832 billion (2019 est.)
note: data are in 2017 dollars
3.09% (2021 est.)
-5.53% (2020 est.)
4.41% (2019 est.)
$26,300 (2021 est.)
$25,800 (2020 est.)
$27,700 (2019 est.)
note: data are in 2017 dollars
$364.631 billion (2019 est.)
2.48% (2021 est.)
-1.14% (2020 est.)
0.66% (2019 est.)
note: approximately 30% of goods are price-controlled
Fitch rating: BBB+ (2020)
Moody's rating: A3 (2004)
Standard & Poors rating: A- (2003)
note: The year refers to the year in which the current credit rating was first obtained.
agriculture: 8.8% (2017 est.)
industry: 37.6% (2017 est.)
services: 53.6% (2017 est.)
household consumption: 55.3% (2017 est.)
government consumption: 12.2% (2017 est.)
investment in fixed capital: 25.3% (2017 est.)
investment in inventories: 0.3% (2017 est.)
exports of goods and services: 71.4% (2017 est.)
imports of goods and services: -64.4% (2017 est.)
oil palm fruit, rice, poultry, eggs, vegetables, rubber, coconuts, bananas, pineapples, pork
Peninsular Malaysia - rubber and oil palm processing and manufacturing, petroleum and natural gas, light manufacturing, pharmaceuticals, medical technology, electronics and semiconductors, timber processing; Sabah - logging, petroleum and natural gas production; Sarawak - agriculture processing, petroleum and natural gas production, logging
5.65% (2021 est.)
16.74 million (2021 est.)
4.61% (2021 est.)
4.5% (2020 est.)
3.26% (2019 est.)
total: 15.6% (2021 est.)
male: 14.2%
female: 17.8%
5.6% (2018 est.)
41.1 (2015 est.)
on food: 21.5% of household expenditures (2018 est.)
on alcohol and tobacco: 1.8% of household expenditures (2018 est.)
lowest 10%: 1.8%
highest 10%: 34.7% (2009 est.)
0.42% of GDP (2021 est.)
0.42% of GDP (2020 est.)
0.44% of GDP (2019 est.)
revenues: $77.736 billion (2019 est.)
expenditures: $85.851 billion (2019 est.)
-3% (of GDP) (2017 est.)
62.03% of GDP (2020 est.)
52.42% of GDP (2019 est.)
51.19% of GDP (2018 est.)
note: this figure is based on the amount of federal government debt, RM501.6 billion ($167.2 billion) in 2012; this includes Malaysian Treasury bills and other government securities, as well as loans raised externally and bonds and notes issued overseas; this figure excludes debt issued by non-financial public enterprises and guaranteed by the federal government, which was an additional $47.7 billion in 2012
10.89% (of GDP) (2020 est.)
calendar year
$14.143 billion (2021 est.)
$14.138 billion (2020 est.)
$12.795 billion (2019 est.)
$256.659 billion (2021 est.) note: data are in current year dollars
$208.217 billion (2020 est.) note: data are in current year dollars
$238.361 billion (2019 est.) note: data are in current year dollars
Singapore 15%, China 14%, US 13%, Hong Kong 6%, Japan 6% (2021)
integrated circuits, refined petroleum, palm oil, rubber apparel, natural gas, semiconductors (2021)
$230.188 billion (2021 est.) note: data are in current year dollars
$186.613 billion (2020 est.) note: data are in current year dollars
$210.86 billion (2019 est.) note: data are in current year dollars
China 29%, Singapore 11%, Japan 6%, US 6%, Taiwan 6% (2021)
integrated circuits, refined petroleum, crude petroleum, coal, gold, semiconductors (2021)
$116.916 billion (31 December 2021 est.)
$107.644 billion (31 December 2020 est.)
$103.63 billion (31 December 2019 est.)
$224.596 billion (2019 est.)
$226.901 billion (2018 est.)
ringgits (MYR) per US dollar -
Exchange rates:
4.143 (2021 est.)
4.203 (2020 est.)
4.142 (2019 est.)
4.035 (2018 est.)
4.3 (2017 est.)
NOTE: The information regarding Malaysia on this page is re-published from the 2024 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Malaysia 2024 information contained here. All suggestions for corrections of any errors about Malaysia 2024 should be addressed to the CIA or the source cited on each page.
This page was last modified 04 May 24, Copyright © 2024 ITA all rights reserved.