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CIA World Factbook 2005 | הורד מילון בבילון 9 למחשב שלך |
Economy - overview: |
Malaysia, a middle-income country, transformed itself from 1971 through the late 1990's from a producer of raw materials into an emerging multi-sector economy. Growth was almost exclusively driven by exports - particularly of electronics. As a result, Malaysia was hard hit by the global economic downturn and the slump in the information technology (IT) sector in 2001 and 2002. GDP in 2001 grew only 0.5% due to an estimated 11% contraction in exports, but a substantial fiscal stimulus package equal to US $1.9 billion mitigated the worst of the recession and the economy rebounded in 2002 with a 4.1% increase. The economy grew 4.9% in 2003, notwithstanding a difficult first half, when external pressures from SARS and the Iraq War led to caution in the business community. Growth topped 7% in 2004. Healthy foreign exchange reserves, low inflation, and a small external debt are all strengths that make it unlikely that Malaysia will experience a financial crisis similar to the one in 1997. The economy remains dependent on continued growth in the US, China, and Japan, top export destinations and key sources of foreign investment. |
GDP: |
purchasing power parity - $229.3 billion (2004 est.) |
GDP - real growth rate: |
7.1% (2004 est.) |
GDP - per capita: |
purchasing power parity - $9,700 (2004 est.) |
GDP - composition by sector: |
agriculture: 7.2%
industry: 33.6% services: 59.1% (2004 est.) |
Labor force: |
10.49 million (2004 est.) |
Labor force - by occupation: |
agriculture 14.5%, industry 36%, services 49.5% (2000 est.) |
Unemployment rate: |
3% (2004 est.) |
Population below poverty line: |
8% (1998 est.) |
Household income or consumption by percentage share: |
lowest 10%: 1.4%
highest 10%: 39.2% (2003 est.) |
Distribution of family income - Gini index: |
49.2 (1997) |
Inflation rate (consumer prices): |
1.3% (2004 est.) |
Investment (gross fixed): |
21.7% of GDP (2004 est.) |
Budget: |
revenues: $25.33 billion
expenditures: $29.33 billion, including capital expenditures of $9.4 billion (2004 est.) |
Public debt: |
45.4% of GDP (2004 est.) |
Agriculture - products: |
Peninsular Malaysia - rubber, palm oil, cocoa, rice; Sabah - subsistence crops, rubber, timber, coconuts, rice; Sarawak - rubber, pepper, timber |
Industries: |
Peninsular Malaysia - rubber and oil palm processing and manufacturing, light manufacturing industry, electronics, tin mining and smelting, logging and processing timber; Sabah - logging, petroleum production; Sarawak - agriculture processing, petroleum production and refining, logging |
Industrial production growth rate: |
10.2% (2004 est.) |
Electricity - production: |
75.33 billion kWh (2002) |
Electricity - production by source: |
fossil fuel: 89.5%
hydro: 10.5% nuclear: 0% other: 0% (2001) |
Electricity - consumption: |
68.4 billion kWh (2002) |
Electricity - exports: |
70 million kWh (2002) |
Electricity - imports: |
0 kWh (2002) |
Oil - production: |
785,000 bbl/day (2004 est.) |
Oil - consumption: |
460,000 bbl/day (2003 est.) |
Oil - exports: |
230,200 bbl/day (2003) |
Oil - imports: |
NA |
Oil - proved reserves: |
3.2 billion bbl (2004 est.) |
Natural gas - production: |
53.66 billion cu m (2001 est.) |
Natural gas - consumption: |
31.25 billion cu m (2001 est.) |
Natural gas - exports: |
22.41 billion cu m (2001 est.) |
Natural gas - imports: |
0 cu m (2001 est.) |
Natural gas - proved reserves: |
2.23 trillion cu m (2004) |
Current account balance: |
$11.81 billion (2004 est.) |
Exports: |
$123.5 billion f.o.b. (2004 est.) |
Exports - commodities: |
electronic equipment, petroleum and liquefied natural gas, wood and wood products, palm oil, rubber, textiles, chemicals |
Exports - partners: |
US 18.8%, Singapore 15%, Japan 10.1%, China 6.7%, Hong Kong 6%, Thailand 4.8% (2004) |
Imports: |
$99.3 billion f.o.b. (2004 est.) |
Imports - commodities: |
electronics, machinery, petroleum products, plastics, vehicles, iron and steel products, chemicals |
Imports - partners: |
Japan 16.1%, US 14.6%, Singapore 11.2%, China 9.9%, Thailand 5.6%, Taiwan 5.5%, South Korea 5%, Germany 4.5%, Indonesia 4% (2004) |
Reserves of foreign exchange and gold: |
$55.27 billion (2004 est.) |
Debt - external: |
$53.36 billion (2004 est.) |
Currency (code): |
ringgit (MYR) |
Currency code: |
MYR |
Exchange rates: |
ringgits per US dollar - 3.8 (2004), 3.8 (2003), 3.8 (2002), 3.8 (2001), 3.8 (2000) |
Fiscal year: |
calendar year |
More about Malaysia:
CIA World Factbook 2005 | הורד מילון בבילון 9 למחשב שלך |
Economy - overview: |
Malaysia, a middle-income country, transformed itself from 1971 through the late 1990's from a producer of raw materials into an emerging multi-sector economy. Growth was almost exclusively driven by exports - particularly of electronics. As a result, Malaysia was hard hit by the global economic downturn and the slump in the information technology (IT) sector in 2001 and 2002. GDP in 2001 grew only 0.5% due to an estimated 11% contraction in exports, but a substantial fiscal stimulus package equal to US $1.9 billion mitigated the worst of the recession and the economy rebounded in 2002 with a 4.1% increase. The economy grew 4.9% in 2003, notwithstanding a difficult first half, when external pressures from SARS and the Iraq War led to caution in the business community. Growth topped 7% in 2004. Healthy foreign exchange reserves, low inflation, and a small external debt are all strengths that make it unlikely that Malaysia will experience a financial crisis similar to the one in 1997. The economy remains dependent on continued growth in the US, China, and Japan, top export destinations and key sources of foreign investment. |
GDP: |
purchasing power parity - $229.3 billion (2004 est.) |
GDP - real growth rate: |
7.1% (2004 est.) |
GDP - per capita: |
purchasing power parity - $9,700 (2004 est.) |
GDP - composition by sector: |
agriculture: 7.2%
industry: 33.6% services: 59.1% (2004 est.) |
Labor force: |
10.49 million (2004 est.) |
Labor force - by occupation: |
agriculture 14.5%, industry 36%, services 49.5% (2000 est.) |
Unemployment rate: |
3% (2004 est.) |
Population below poverty line: |
8% (1998 est.) |
Household income or consumption by percentage share: |
lowest 10%: 1.4%
highest 10%: 39.2% (2003 est.) |
Distribution of family income - Gini index: |
49.2 (1997) |
Inflation rate (consumer prices): |
1.3% (2004 est.) |
Investment (gross fixed): |
21.7% of GDP (2004 est.) |
Budget: |
revenues: $25.33 billion
expenditures: $29.33 billion, including capital expenditures of $9.4 billion (2004 est.) |
Public debt: |
45.4% of GDP (2004 est.) |
Agriculture - products: |
Peninsular Malaysia - rubber, palm oil, cocoa, rice; Sabah - subsistence crops, rubber, timber, coconuts, rice; Sarawak - rubber, pepper, timber |
Industries: |
Peninsular Malaysia - rubber and oil palm processing and manufacturing, light manufacturing industry, electronics, tin mining and smelting, logging and processing timber; Sabah - logging, petroleum production; Sarawak - agriculture processing, petroleum production and refining, logging |
Industrial production growth rate: |
10.2% (2004 est.) |
Electricity - production: |
75.33 billion kWh (2002) |
Electricity - production by source: |
fossil fuel: 89.5%
hydro: 10.5% nuclear: 0% other: 0% (2001) |
Electricity - consumption: |
68.4 billion kWh (2002) |
Electricity - exports: |
70 million kWh (2002) |
Electricity - imports: |
0 kWh (2002) |
Oil - production: |
785,000 bbl/day (2004 est.) |
Oil - consumption: |
460,000 bbl/day (2003 est.) |
Oil - exports: |
230,200 bbl/day (2003) |
Oil - imports: |
NA |
Oil - proved reserves: |
3.2 billion bbl (2004 est.) |
Natural gas - production: |
53.66 billion cu m (2001 est.) |
Natural gas - consumption: |
31.25 billion cu m (2001 est.) |
Natural gas - exports: |
22.41 billion cu m (2001 est.) |
Natural gas - imports: |
0 cu m (2001 est.) |
Natural gas - proved reserves: |
2.23 trillion cu m (2004) |
Current account balance: |
$11.81 billion (2004 est.) |
Exports: |
$123.5 billion f.o.b. (2004 est.) |
Exports - commodities: |
electronic equipment, petroleum and liquefied natural gas, wood and wood products, palm oil, rubber, textiles, chemicals |
Exports - partners: |
US 18.8%, Singapore 15%, Japan 10.1%, China 6.7%, Hong Kong 6%, Thailand 4.8% (2004) |
Imports: |
$99.3 billion f.o.b. (2004 est.) |
Imports - commodities: |
electronics, machinery, petroleum products, plastics, vehicles, iron and steel products, chemicals |
Imports - partners: |
Japan 16.1%, US 14.6%, Singapore 11.2%, China 9.9%, Thailand 5.6%, Taiwan 5.5%, South Korea 5%, Germany 4.5%, Indonesia 4% (2004) |
Reserves of foreign exchange and gold: |
$55.27 billion (2004 est.) |
Debt - external: |
$53.36 billion (2004 est.) |
Currency (code): |
ringgit (MYR) |
Currency code: |
MYR |
Exchange rates: |
ringgits per US dollar - 3.8 (2004), 3.8 (2003), 3.8 (2002), 3.8 (2001), 3.8 (2000) |
Fiscal year: |
calendar year |
More about Malaysia: