Sunday, 19 June 2011

Economy of Malaysia

Economy of Malaysia
KL Outing 022b.jpg
Fixed exchange rates 1 Ringgit = 100 sen
Fiscal year Calendar year
Trade organisations APEC, ASEAN, IOR-ARC, WTO
Statistics
GDP $381.1 billion (2009 est.)
Rank: 30
GDP growth 7.2%
GDP per capita $14,800 (2009 est.)
GDP by sector agriculture: 10.1% industry: 42.3% services: 47.6% (2009 est.)
Inflation (CPI) 0.4% (2009 est.)
Population
below poverty line
3.5% (2007 est.)
Labour force
by occupation
agriculture: (13%), industry: (36%), services: (51%) (2005)
Unemployment 5% (2009 est.)
Main industries Peninsular Malaysia - rubber and palm oil processing and manufacturing, light manufacturing industry, electronics, tin mining and smelting, logging and processing timber, tourism, petroleum production and refining, logging
Ease of Doing Business Rank 21st[1]
External
Exports $156.4 billion (2009 est.)
Export goods electronic equipment, petroleum and liquefied natural gas, wood and wood products, palm oil, rubber, textiles, chemicals
Main export partners Singapore 13.9%, China 12.2%, United States 10.9%, Japan 9.8%, Thailand 5.4%, Hong Kong 5.2% (2009 est.)
Imports $119.5 billion (2009 est.)
Import goods electronics, machinery, petroleum products, plastics, vehicles, iron and steel products, chemicals
Main import partners China 13.9%, Japan 12.5%, Singapore 11.1%, Thailand 6%, Indonesia 5.3%, South Korea 4.6%, Taiwan 4.2%, Germany 4.2% (2009 est.)
Gross external debt N/A
Public finances
Revenues $61.6 billion (2009 est.)
Expenses $60.72 billion (2009 est.)
Economic aid $31.6 million (2005)
Credit rating
Foreign reserves US$130.128 billion

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