ECON FACTBOOK

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Economy of Malaysia

Population: 30 million in 2013¹

GDP: $312 billion in 2013²

GDP per capita: $10,538 nominal³ ($23,298 PPP⁴) in 2013

GDP growth rate: 4.7% in 2013⁵

Industries

GDP by Industry 2012⁶

Industry sector	Value added ($ billions) 2012	Percent of total
Other activities	70	24.5%
Manufacturing	70	24.6%
Wholesale, retail trade, restaurants and hotels	47	16.4%
Mining and utilities	37	12.9%
Agriculture, hunting, forestry, fishing	34	11.9%
Transport, storage and communication	18	6.3%
Construction	10	3.4%
Total value added	286	100%

Employment

Unemployment rate: 3.2% in 2013⁷

Employment by Industry 2013⁸

Employment sector	Employees (thousands) 2013	Percent of total
Wholesale trade, retail trade and repair of motor vehicles	2,220	16.8%
Manufacturing	2,215	16.8%
Agriculture, forestry and fishing	1,682	12.7%
Construction	1,244	9.4%
Accommodation and food service	1,016	7.7%
Education	817	6.2%
Public administration and defence	764	5.8%
Transportation and storage	622	4.7%
Administrative and support service	559	4.2%
Human health and social work	490	3.7%
Finance and insurance	319	2.4%
Professional, scientific and technical	307	2.3%
Other service	191	1.4%
Information and communication	191	1.4%
Activities of households as employers	187	1.4%
Mining and quarrying	87	0.7%
Water supply, sewerage and waste management	83	0.6%
Arts, entertainment and recreation	79	0.6%
Real estate	72	0.5%
Electricity, gas, steam and air conditioning	61	0.5%
Extraterritorial organizations and bodies	2	0.0%
Total employment	13,210	100%

Corporations

Top 1 Corporation by Revenue*⁹

Rank	Corporation	Revenue ($ billions) 2013	Profit ($ billions) 2013	Assets ($ billions) 12/31/13	Industry
1	Petronas	88	15.0	147	Oil and gas

* Corporate data calculated using the exchange rate 3.60 MYR = 1 USD

Households

Household Wealth: $498 billion (160% of GDP) in 2014¹⁰

Household Wealth per Adult: $26,795 in 2014¹⁰

Gini Coefficient: .462 in 2009¹¹

Government

Central Government

Central Government Revenue: $66 billion (21% of GDP) in 2013¹²

Central Government Expenditure: $79 billion (25% of GDP) in 2013¹²

Central Government Budget Balance: -$13 billion (-4% of GDP)¹²

Central Government Public Debt: $158 billion (51% of GDP) in Q3 2014* ¹³

Central Government 10 Year Bond Interest Rate: 3.91% on Jan 26, 2015¹⁴

* Public debt calculated using the exchange rate 3.60 MYR = 1 USD

Government Funds

Khazanah Nasional Berhard: $41 billion (13% of GDP) in 2014¹⁵

Tax Structure

Individual Income Tax Rates and Thresholds

N/A

Corporate Tax Rate: 25% in 2014¹⁶

Monetary Policy

Money Supply (M1): $92 billion (29% of GDP) in Nov 2014* ¹⁷

Benchmark Interest Rate: Overnight Rate = 3.23% on Jan 1, 2015¹⁸

Total Reserves: $135 billion (43% of GDP) in 2013¹⁹

Exchange Rate: 3.60 Malaysian Ringgit = 1 U.S. Dollar on Jan 26, 2015²⁰

Inflation: 2.1% in 2013²¹

* Money supply calculated using the exchange rate 3.60 MYR = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 2009²²

Rank	Financial Institution	Assets ($ billions) 2009*
1	Maybank	88
2	CIMB Group	64
3	Public Bank	58
4	RHB Capital	31
5	AMMB Holding	26
6	Hong Leong	21
7	EON Capital	12
8	Affin Holdings	11
9	Alliance Financial Group	8
10	Bank Islam	2

* Assets calculated using the exchange rate 3.60 MYR = 1 USD

International Accounts

Exports: $231 billion (74% of GDP) in 2013²³

Imports: $228 billion (73% of GDP) in 2013²³

Trade Balance: +$3 billion (+1% of GDP) in 2013²³

Foreign Direct Investment Inflow: $12 billion (4% of GDP) in 2013²⁴

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $15 million (0.004% of GDP)²⁵

Foreign Aid Outflow: N/A

References